MG slashes 360 jobs, scraps contentious farmer repayment plan

Murray Goulburn Co-operative (MG) has buckled under the weight of bad publicity and dairy industry pressure, abandoning its controversial milk price repayment program.
Murray Goulburn Co-operative (MG) has buckled under the weight of bad publicity and dairy industry pressure, abandoning its controversial milk price repayment program.
About 35 vehicles collide with livestock on Tasmanian roads each year, on average.
02 May 17 About 35 vehicles collide with livestock on Tasmanian roads each year, on average.
Victorian dairyfarmers have welcomed the Australian Competition and Consumer Commission action against Murray Goulburn.
01 May 17 Victorian dairyfarmers have welcomed the Australian Competition and Consumer Commission action against Murray Goulburn.
Guns and tools worth thousands of dollars were stolen during two burglaries targeting a business and dairy farm in south-west Victoria at the weekend.
01 May 17 Guns and tools worth thousands of dollars were stolen during two burglaries targeting a business and dairy farm in south-west Victoria at the weekend.
Dairyfarmer groups have welcomed the news that the Australian Competition and Consumer Commission will launch legal proceedings over last year's price stepdown.
01 May 17 Dairyfarmer groups have welcomed the news that the Australian Competition and Consumer Commission will launch legal proceedings over last year's price stepdown.
A shift by consumers to eat more natural foods such as Western Star butter underpinned Fonterra’s decision to build new $6.2 million cold storage facilities at Cobden, Victoria, Fonterra Cobden plant manager Bruce Manson says.
30 Apr 17 A shift by consumers to eat more natural foods such as Western Star butter underpinned Fonterra’s decision to build new $6.2 million cold storage facilities at Cobden, Victoria, Fonterra...
THE competition watch-dog has announced it is taking legal action against Murray Goulburn following an investigation into last year’s dairy industry crisis but won’t be pursuing claims against another milk processor Fonterra Australia.
28 Apr 17 THE competition watch-dog has announced it is taking legal action against Murray Goulburn following an investigation into last year’s dairy industry crisis but won’t be pursuing claims...
Investors were breathing a sigh of relief that Donald Trump averted any immediate trade showdown with China, but disturbing signs are emerging of a new unlikely trade war between the United States and Canada.
28 Apr 17 Investors were breathing a sigh of relief that Donald Trump averted any immediate trade showdown with China, but disturbing signs are emerging of a new unlikely trade war between the...
Burra Foods suppliers will receive their Burra Supply Incentive in their milk payments from next month, rather than having to wait until the end of the season.
28 Apr 17 Burra Foods suppliers will receive their Burra Supply Incentive in their milk payments from next month, rather than having to wait until the end of the season.
Australian Dairy Farmers (ADF) has announced the appointment of David Inall as its new chief executive officer (CEO).
27 Apr 17 Australian Dairy Farmers (ADF) has announced the appointment of David Inall as its new chief executive officer (CEO).
A South Australian Dairy Industry Fund project exploring what farmers want to see in their contractual arrangements with milk processors is attracting national interest.
27 Apr 17 A South Australian Dairy Industry Fund project exploring what farmers want to see in their contractual arrangements with milk processors is attracting national interest.
The Gardiner Dairy Foundation has announced that four Tertiary Scholarships have been awarded to students undertaking study in 2017.
27 Apr 17 The Gardiner Dairy Foundation has announced that four Tertiary Scholarships have been awarded to students undertaking study in 2017.
The A2 Milk Company is more upbeat about nutritional formula sales to China having previously warned it was anticipating lower sales in the second half of 2016-17 than the first half.
26 Apr 17 The A2 Milk Company is more upbeat about nutritional formula sales to China having previously warned it was anticipating lower sales in the second half of 2016-17 than the first half.
Bega Cheese says it is on track to wrap up its purchase of Mondelez’s Kraft brand grocery business in Australia and New Zealand on or before June 30.
26 Apr 17 Bega Cheese says it is on track to wrap up its purchase of Mondelez’s Kraft brand grocery business in Australia and New Zealand on or before June 30.
A FAIR Milk Price Logo Bill would help south-west dairy farmers, but more sweeping changes are needed, according to a south-west dairy farmer.
21 Apr 17 A FAIR Milk Price Logo Bill would help south-west dairy farmers, but more sweeping changes are needed, according to a south-west dairy farmer.
The federal government’s sudden cancellation of the 457 skilled migrant visa program is spreading uncertainty and concern among dairy industry players.
21 Apr 17 The federal government’s sudden cancellation of the 457 skilled migrant visa program is spreading uncertainty and concern among dairy industry players.
The dairy sector has sought urgent clarification on planned changes to 457 visas.
20 Apr 17 The dairy sector has sought urgent clarification on planned changes to 457 visas.
World dairy prices increased again overnight - and now sit 38 per cent higher than the same time last year.
19 Apr 17 World dairy prices increased again overnight - and now sit 38 per cent higher than the same time last year.
FORMER federal Trade Minister Andrew Robb says previous negotiations he spearheaded to conclude a trade deal with India came down to about 20 core issues but the talks stalled due to resistance by the Indian bureaucracy, rather than political forces.
17 Apr 17 FORMER federal Trade Minister Andrew Robb says previous negotiations he spearheaded to conclude a trade deal with India came down to about 20 core issues but the talks stalled due to...
Clicking the ‘I agree’ box on digital farming software could see some farmers giving away their valuable farm data, according to a leading legal academic.
13 Apr 17 Clicking the ‘I agree’ box on digital farming software could see some farmers giving away their valuable farm data, according to a leading legal academic.
One year on from the dairy crisis and the industry is at a vital crossroads.
12 Apr 17 One year on from the dairy crisis and the industry is at a vital crossroads.
Australia's dairy production is headed for 20-year lows as the slump in milk prices has prompted farmers to either quit the industry or slash output by cutting the size of their herds.
10 Apr 17 Australia's dairy production is headed for 20-year lows as the slump in milk prices has prompted farmers to either quit the industry or slash output by cutting the size of their herds.
Fonterra has spent $20 million on new technology that allows infant formula customers to track product contents and ensure they are buying from a trusted retailer after a counterfeiting scandal rocked its Chinese joint-venture partner Beingmate Baby & Child in 2016.
10 Apr 17 Fonterra has spent $20 million on new technology that allows infant formula customers to track product contents and ensure they are buying from a trusted retailer after a counterfeiting...
Farmers in the Rochester and Loddon Valley irrigation districts claim the failure of automated watering equipment is playing havoc with their winter planting plans.
07 Apr 17 Farmers in the Rochester and Loddon Valley irrigation districts claim the failure of automated watering equipment is playing havoc with their winter planting plans.
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Agriculture Victoria scientists have created the world’s largest and most detailed perennial ryegrass testing field trial in a bid to revolutionise Australia’s dairy feedbase.
31 May 17 Agriculture Victoria scientists have created the world’s largest and most detailed perennial ryegrass testing field...
Improving pasture consumption was the focus of recent pasture coaching groups organised by the Tasmanian Institute of Agriculture Dairy Centre as part of the Dairy On PAR project.
05 May 17 Improving pasture consumption was the focus of recent pasture coaching groups organised by the Tasmanian Institute...
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Great Idea Carlene. It's a shame the industry was not prepared to fund this concept 8 years ago
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Bellamy's also need to answer some questions! Like: When did BAL know from Camperdown Powder
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Matthew makes some very good points . Unfortunately the reality for many farming people is
Why have we invested in solar? It’s simple: our two young daughters.10 Jul 17 Why have we invested in solar? It’s simple: our two young daughters.
As dairy farmers grapple with regulations on effluent storage a New Zealand man has come up with a simple solution.
29 May 17  1 As dairy farmers grapple with regulations on effluent storage a New Zealand man has come up with a simple solution.
Monopoly market may confront cropping sector under mega-merger proposal.22 Sep 16 Monopoly market may confront cropping sector under mega-merger proposal.
Australian farm chemical manufacturer Nufarm has repaired its balance sheet and is now hunting for acquisition opportunities.25 Sep 16 Australian farm chemical manufacturer Nufarm has repaired its balance sheet and is now hunting for acquisition...