PLANT TO STAY OPEN:
The formerly Murray Goulburn-owned Kiewa cream cheese plant will remain open under the ownership of Saputo. It had originally been announced as one of three closures.
EXPORT FUTURE UNCLEAR:
Labor wants to see live sheep exports phased out but leader Bill Shorten is yet to decide if the party will support a Liberal MP’s proposal to make it happen.
Former cabinet minister Sussan Ley intends to pursue a private bill to phase out the controversial trade despite the Turnbull Government’s position.
NO BLACK SPOT CASH:
The Victorian Government has reiterated its willingness to go it alone on the Mobile Black Spot Program after no additional funds were outlined for it in last week’s federal budget.
Fonterra Australia has announced a Fixed Base Milk Price of $5.90kg/MS for the 2018-19 season following the conclusion of its annual tender process.
Saputo has also announced a step-up for the current season.
Goulburn-Murray Water is facing opposition from landholders to proposed stiff fee increases for foreshore licence holders who have structures on land abutting waterways.
The latest deal between the Turnbull Government and the Federal Opposition is ramping up pressure to deliver more water to the Murray-Darling Basin.
Victorian stakeholders have expressed concern that the 450Gl of ‘up-water’ will have to be handed over despite the qualification that it can only be delivered without causing negative socio-economic outcomes.