Murray Goulburn chairman Phil Tracy is holding the company's line that its board had no idea huge price cuts were coming to their dairy farmer suppliers.
Prime Minister Malcolm Turnbull and Agriculture Minister Barnaby Joyce will make good on a campaign promise today, sitting down to meet with the board of Murray Goulburn. It comes after revelations that just one farmer has had a government loan approved, under a program the Coalition said would provide emergency relief.
The independent agricultural think-tank's Mick Keogh says low dairy prices and low wheat prices could be followed by lower commodity prices generally, as Donald Trump has a chilling effect on free trade.
The President of Primary Employers Tasmania, Glynn Williams says he believes the consensus on the backpacker tax has already been reached and is worried time is running out for the Government to make a decision and get the message out.