A dairy farmer from the New South Wales South Coast has quit the industry following the collapse of a milk processor that he says owes him tens of thousands of dollars.
Key points:
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Country Valley has entered liquidation with creditors owed over $3 million
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Jamberoo farmer Steven Downes says he is unlikely to see the $50,000 he is owed and has decided to leave the dairy industry
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Independent Kiama MP Gareth Ward is calling on the NSW government to intervene to help farmers not being paid for their produce
Creditors voted to wind up Country Valley, located in Picton in Sydney’s south-west, and liquidate the company’s remaining assets last week after it was placed under voluntary administration earlier this year.
In a report to creditors obtained…
Read the full article at: https://www.abc.net.au/news/2023-08-11/country-valley-milk-processor-creditors-owed-millions-dairy/102711086