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16/01/2009

Fertiliser Senate inquiry continues

The Federal Government’s Senate inquiry into pricing and supply arrangements in the Australian and global fertiliser market is continuing, following the committee’s release of an interim report on 2 December 2008. The initial reporting date was 16 June 2008, which was extended to 16 October, and further extended to 2 December.

As reported in the July/August 2008 issue of Australian Viticulture, world cartels and Australian suppliers had significantly increased fertiliser prices over 2007–08, some by up to 400/t, placing more pressure on farmers already under hardship.

The committee is examining why prices have increased so dramatically, whether there was collusion by fertiliser manufacturers or distributors, or whether world supply shortages and growing global demand were responsible.

Secretary for the Senate Select Committee of Agricultural and Related Industries, Jeanette Radcliffe, said the interim report is “quite extensive”. The committee will continue to work through the submissions received and report again on 30 June 2009.

Further detail: http://www.aph.gov.au/senate/committee/agric_ctte/fertiliser/interim-report/index.htm

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