- The mandatory code of conduct governs the relationship between dairy farmers and milk processors
- The Agriculture Minister says currently some dairy farmers would not know how much they would be paid over the life of a contract
- The ACCC can step in an issue penalties for breaches of the code
"We know right now in Queensland there are dairy farmers being pushed into five year contracts and not knowing what the price of their product will be at the end,"Ms McKenzie said.
"This is a monumental day for the dairy industry. One of our key, top priorities as an industry has now been ticked off,"he said.