Aussie Farmers to Invest in Aussie Farmers Dairy

Aussie Farmers Direct will invest A$5.4 m ($3.7m) in a new dairy processing company to secure the supply of 100% Australian-owned, farmed and manufactured milk.

The company said it is investing in Aussie Farmers Dairy to fight foreign dairy companies, which supply 90% of the country’s milk.

Aussie Farmers Direct said the move will give Australian dairy farmers a greater choice of buyers.

The company is setting up a processing and bottling plant in south-west Victoria to produce 100,000l of Aussie Farmers Direct-branded milk.

Milk in Australia is mainly supplied by Japanese-owned National Foods, New Zealand dairy company Fonterra and Italy’s Parmalat.