Milk price war worries Qld premier

January 24, 2013
AAP

QUEENSLAND Premier Campbell Newman wants the competition watchdog to investigate the milk price wars.

Coles, Woolworths and Aldi supermarket chains last year dropped their home brand milk price to $1 a litre.

Australian Dairy Farmers campaigned against the cuts which they say have caused major reductions to the income of farmers.

Scores had already left the industry in Queensland.

Mr Newman said although the price wars benefit consumers in the short term, people are being driven out of the industry.

“I am absolutely on the dairy farmers on this one,” Mr Newman told 4BC.

“I would like the ACCC (Australian Competition and Consumer Commission) to have a really good look at what’s going on in this whole area.”