The ACCC have cleared the Chinese takeover of companies such as Dairy Farmers, a decision Nationals MP David Gillespie says is "important" for the success of the industry.
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“Export industry prices are delivering farm gate prices which are absolutely record high,” Mr Gillespie told Sky News Host Peter Gleeson.

“We’ve had a massive exit of producers and we want to get people back into the industry.”

Mr Gillespie insisted that foreign investment would be “important” in the industry leading into the future.

“Having foreign investment is the important thing because it’s investment”.

AUSTRALIA – The government of Australia has awarded funds to two local dairy companies, Purearth and Australian Consolidated Milk, in an effort to boost local milk production.

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