Download
full report (PDF 370k - HINT: right click and save the file to your hard
disk before opening)
Summary of full report
Industry Adjustment to Policy
Reform -
A case study of the Australian dairy industry
By D Harris
August 2005
RIRDC Publication No 05/110 RIRDC
Project No DAH-1A
Summary The Australian dairy industry
has recently experienced a policy reform that involved the over-night removal
of all price support mechanisms. It was an unusual event because policy
changes are usually phased-in or announced with several years warning.
In this case farmers had limited time to prepare for the effects of the
reform. Consequently the Government provided restructuring assistance worth
A$2 billion to help farmers adjust to the new market environment. This
report shows how farmers reacted to the effect of a substantial change
in industry support.
