Even up until late last year we trusted these leaders to do the job for us and have our best interests at heart. Unfortunately we were let down. We, the 1600 dairyfarmers in Queensland are going to experience a loss of any control we might have had over our own product in the past. The result for the farmer will be a chaotic upheaval in both their business and family life that most are not prepared for and many will not recover from. A compensation package has been talked about for some time, however it will in no way reimburse everything that will be taken away from the farmers by Deregulation.
Most farmers carry heavy debt.
Their income and assets value is going to reduce. The banks will certainly have their hand out for any compensation package. It was emphasised the industry was not looking for a government handout. The dairyfarmer is being told their price will go DOWN by 10 to 12 cents per litre. Senator Woodley, Chairman of the Senate Committee is reported in the Gympie Times as saying.