AUSTRALIAN DAIRYING
Effort to Stabilise Industry NEW ORGANISATION Equalisation Agreement Being Sought LEVY MADE ON OUTPUT By Telegraph—Press Assn.—Copyright. (Received March 16, 10.30 p.m.) Sydney, March 16. Definite action has been taken during the week in the direction of stabilising the dairy industry of Australia as the result of Commonwealth and State legislation, and an organisation being registered as the Commonwealth Dairy Produce Equalisation Company, Limited. It is already at work and is aiming at bringing an equ.allsation agreement into operation at the earliest moment. The . form of the .agreement as between the company and manufacturers of butter and cheese has been approved, also the memorandum of the articles of association. Provision directors, with Mr. J. Purcell, Queensland, as chairman, have been appointed and satisfactory arrangements have been made for the necessary finance. As soon as the agreements are signed by the various States the scheme will function. There will be a levy of fdurpence a hundredweight on the total production of butter and twopence on cheese, half of which will be used for administrative purposes and the balance for the creation of a reserve fund.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19340317.2.75
Bibliographic details
Dominion, Volume 27, Issue 146, 17 March 1934, Page 7
Word Count
186AUSTRALIAN DAIRYING Dominion, Volume 27, Issue 146, 17 March 1934, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in