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South West a one day political hub

Monday 21 February was an active day for the South West region.

It was the day when the State Cabinet met, opened, launched and shored up support from the regions affected by the Regional Forest Agreement.

It was also an opportunity for the local community to voice their frustrations.

At a protest march in Bunbury, WA Farmers Federation dairy section president Danny Harris said, as it was a WA Government initiative to establish a milk quota system, then the government had to compensate producers when the system was abolished.

“Be under no illusion – unless WA dairy producers are compensated adequately, they will have no choice but to walk off the land, jeopardising lucrative export earnings for the State,” Mr Harris said.

The current State quota on issue is $133 million.

Post deregulation milk quotas will have a nil value and that is despite them being given a significant commercial property value in the past.

The Family Law Court in particular, but also the State Revenue Department and Inheritance Act have all recognised quota as property with a value.

“There is no escaping the fact that the commercial dollar value of a quota has traditionally been built into the asset base of a dairy farm business,” Mr Harris said.

In the Harvey Shire alone, $7 million annually will be lost as a result of dairy deregulation.

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