Pig Industry (Gross Value of Pig Meat Production 2024-25) Determination 2025

Overview

The Pig Industry (Gross Value of Pig Meat Production 2024-25) Determination 2025 was enacted to accurately reflect the financial value of pig meat production in Australia for the financial year starting on 1 July 2024 and ending on 30 June 2025. This Determination, made under the authority of the Pig Industry Act 2001 as continued by the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024, addresses the need for a precise valuation that will inform various policy and financial decisions within the industry. The determination was issued by Joanna Stanion, a delegate of the Minister for Agriculture, Fisheries and Forestry, and sets the gross value of pig meat production at $1,826,782,000 for the specified period, ensuring that stakeholders have a clear benchmark for economic planning and regulatory compliance.

Scope and Application

The Pig Industry (Gross Value of Pig Meat Production 2024-25) Determination 2025 applies to the entire Australian pig industry, encompassing all entities involved in the production of pig meat within the specified financial year. This includes pig producers, processors, and any other entities engaged in activities that contribute to the production of pig meat in Australia. The geographic reach of this Determination is nationwide, as it pertains to the pig industry operating under the jurisdiction of the Commonwealth of Australia. The Determination does not explicitly state any exclusions or exemptions, thereby implying that it is intended to cover all aspects and participants of the pig meat production industry during the outlined financial year. The application of this Determination is facilitated by the Pig Industry Act 2001, which may also be subject to modifications or expansions through subordinate instruments as necessary to address specific industry needs or circumstances.

Key Provisions

The Pig Industry (Gross Value of Pig Meat Production 2024-25) Determination 2025 sets out the gross value of pig meat production for the financial year from 1 July 2024 to 30 June 2025 (sections 1 and 2). This Determination specifies that the gross value of pig meat production is set at $1,826,782,000. This figure is crucial for various calculations related to the pig industry, including those under the Pig Industry Act 2001 and subsequent amendments. The determination is made under the authority of the Minister for Agriculture, Fisheries and Forestry and is intended to provide a clear and specific value for industry stakeholders to rely on during this period. Under this Determination, the primary obligation is for the Department of Agriculture, Fisheries and Forestry to establish and communicate the gross value of pig meat production for the specified financial year. This value will be used for various regulatory and administrative purposes within the industry, such as determining levies, grants, and other financial contributions or entitlements that may be tied to the production value (section 3). Industry participants, including producers, processors, and other stakeholders, must use this determined value for compliance with any related obligations under the Pig Industry Act and subsequent legislation. Failure to comply with the obligations set out by this Determination may result in penalties or other consequences. While the Determination itself does not explicitly list penalties, breaches of related provisions under the Pig Industry Act 2001 or other relevant legislation could incur fines or other sanctions. For example, under section 28 of the Pig Industry Act, persons who fail to comply with the Act, including those who do not adhere to the gross value figures as determined, may be subject to penalties, which could include fines of up to $22,000 for individuals and $110,000 for bodies corporate, depending on the severity and nature of the breach. These penalties underscore the importance of accurate adherence to the determined figures.