Voters say “yes” to Levy Poll Process Review recommendations
Posted on Monday, December 07, 2015 - Category: In the News
The results of voting on the Dairy Levy Poll Process Review were delivered on 2 December 2015, with the majority of voters in favour of the recommended changes. The levy payer vote drew 24.70% of votes, with 89.95% voting in support of the recommended changes.
ADF President, Simone Jolliffe said the Federal Government has now be advised of the outcomes of the three month consultation process.
“The essential question was whether levy payers believed we should opt for a levy poll only when a change in the levy was being sought,” said Mrs Jolliffe.
“Every levy payer has been contacted through the consultation process. They’ve been provided opportunity to comment and to vote for or against the recommendations
of the review. The most significant recommendation is that a levy poll should only be held if a change to the levy is proposed.
“The response from levy payers including through the vote, which closed on Friday 27 November, provides a strong signal that dairy farmers believe the
industry should make the changes to the levy poll process.”
Once the changes are made, if farmers believe a poll is necessary, there is a failsafe mechanism for a group of levy payers representing at least 15 per
cent of levy votes to call a Dairy Australia general meeting and propose a resolution that a poll be held.
“Against the benchmark of a shareholder vote, the consultation and voter turnout for this review demonstrates significant engagement and support by levy payers,” Mrs Jolliffe said.