Agriculture Minister Barnaby Joyce has announced a package of concessional loans and facilitation of access to assistance for the beleaguered dairy industry.
Former Murray Goulburn CEO Gary Helou, stepped down from the cooperative as the farmgate milk price plunged.
David Crosling/AAP
Two of the largest dairy cooperatives have been playing with farmers by pursuing a high price for milk when both should have taken into account fluctuations in the global dairy markets.
Australian and New Zealand dairy farmers need to get used to the low prices for milk as they represent the new norm in global markets.
Dan Peled/AAP
Cooperatives like Murray Goulburn and Fonterra and dairy farmers need to accept that lower milk prices will be the new normal in a more competitive global market.