Agriculture

ACCC takes action against Murray Goulburn

The ACCC has instituted proceedings in the Federal Court against Australia's largest milk processor, Murray Goulburn Cooperative Co. Limited (Murray Goulburn), alleging it engaged in unconscionable conduct and made false or misleading representations in contravention of the Australian Consumer Law. The ACCC also alleges that former managing director Gary Helou and former chief financial officer Bradley Hingle were knowingly concerned in Murray Goulburn’s conduct. 

Tougher penalties under new Horticulture Code

The revised nation-wide Horticulture Code, which sets out mandatory requirements for traders and agents operating in Australian fresh fruit and vegetable markets, will include the potential for penalties of up to $54,000 when it comes into effect tomorrow [1 April 2017].

“Farmers producing fruit and vegetables will be given increased protection under the Horticulture Code as it improves competition and commercial practices in fresh fruit and vegetable markets in Australia,” ACCC Commissioner Mick Keogh said.

How the Horticulture Code helps you

The Horticulture Code of Conduct is a mandatory industry code prescribed under the Competition and Consumer Act 2010. The Code aims to improve the clarity and transparency of trading arrangements between growers and traders in the horticulture sector.

ACCC calls for greater transparency to assist farmers in the cattle and beef sector

Changes are needed to improve transparency and competitiveness in Australia’s cattle and beef markets, with an ACCC study highlighting shortcomings in price reporting, a lack of trust in the carcase grading system, and concerns about anti-competitive conduct affecting competition in cattle and beef sales.

The findings arose from a detailed market study the ACCC conducted into beef and cattle markets in Australia, which involved consultations with all parts of the supply chain, and analysis of available market information and industry data.