Labor welcomes signs the Murray Goulburn Board is responding to our call to reduce farmer debt created by their price claw-back action on their farm-gate milk price.
The news comes despite Barnaby Joyces failure to seek a fairer deal from Murray Goulburn for its farmers.
Farmers have been leaving the cooperative in droves, leading Murray Goulburn to finally face up to what Labor has been saying all along: it is not fair to saddle farmers with the costs of poor business decisions beyond their control. Nor is it fair to pay dividends to investors at the same time as saddling farmers with hundreds of thousands of dollars in debt.
The Deputy Prime Minister has been completely mute while we have stood up for the farmers. He obviously cares more about keeping sweet with Murray Goulburns board than finding a real solution to the crisis that has now been underway since April this year.
Labor will not stop holding Murray Goulburn to account until there is a final and fair resolution that lifts the debt burden from our farmers.
Barnaby Joyces silence on the Murray Goulburn issue so far has been deafening. Its past time he started sticking up for our dairy farming families.