Overview

The Gross Value of Production for the Dairy Industry for 2018-19 has been formally determined by the Minister for Agriculture, Bridget McKenzie, under the authority granted by the Dairy Produce Act 1986. This legislative instrument, numbered C2019G00616 and gazetted on 8 July 2019, specifies the gross value of production for the dairy industry as $4,011,678,276. This determination is crucial for providing a basis for various financial, economic, and policy-related assessments within the industry. The enactment by the Commonwealth Parliament aims to ensure that the dairy industry has a clear and quantifiable metric for production value, which is essential for both governmental and industry planning and reporting purposes.

Scope and Application

The Dairy Produce Act 1986, under which the Gross Value of Production for the dairy industry for the 2018-19 financial year has been determined, applies to the dairy industry within Australia. This determination, made by Bridget McKenzie, the Minister for Agriculture, under subsection 6(4) of the Act, specifies the economic value of dairy production for that period. The Gross Value of Production is an essential metric for understanding the economic contribution and performance of the dairy sector, which includes all entities involved in the production, processing, and distribution of dairy products across the country. The geographic scope of this legislation is national, covering all states and territories within Australia. The Act does not specify any exclusions or exemptions within its purview, meaning it encompasses all relevant entities and transactions within the dairy industry. The Act may extend its application through subordinate instruments, which could include further regulations or guidelines detailing specific operational aspects of the industry.

Key Provisions

The Gross Value of Production for the dairy industry for the 2018-19 financial year has been formally determined by the Minister for Agriculture, Bridget McKenzie, under the authority provided by subsection 6(4) of the Dairy Produce Act 1986. This legislative determination establishes that the Gross Value of Production (GVP) for the dairy industry in Australia during this period is $4,011,678,276. This determination is a critical component for assessing the economic impact and overall contribution of the dairy sector to the national economy. Under the Dairy Produce Act 1986, the Minister's role is to accurately calculate and publicly declare the Gross Value of Production for the dairy industry annually. This determination is not merely a formality but a requirement that ensures transparency and provides a basis for various regulatory and policy decisions. The Act mandates that the Minister must use the most reliable and up-to-date data to arrive at this figure, ensuring that it reflects the true economic output of the dairy industry. The obligations imposed on the parties governed by the Dairy Produce Act 1986 include compliance with the statutory requirements for reporting and record-keeping. Producers, processors, and other industry participants must provide accurate and timely information to the Minister, which is essential for the calculation of the GVP. The Minister, in turn, has the responsibility to review this information, perform the necessary calculations, and make the determination as required by law. This process ensures that the GVP figure is both accurate and reflective of the current economic conditions within the dairy sector. Breaches of the obligations outlined in the Dairy Produce Act 1986 can lead to both civil and criminal consequences. While the specific penalties are not detailed in the text of the gazette, it is understood that the Act provides for substantial penalties for non-compliance. These penalties may include fines, legal action, or other administrative sanctions that can impact the operations of those involved in the dairy industry. It is crucial for all parties to adhere strictly to the requirements of the Act to avoid any potential legal repercussions.