Part 3: Performance Report
Preamble
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The Dairy Adjustment Authority was established
under the Dairy Industry Adjustment Act 2000 in April 2000 to administer applications and
make determinations under the Dairy Structural
Adjustment Program Scheme 2000. In July
2001, the Dairy Produce Legislation
Amendment (Supplementary Assistance) Act
2001, provided the legislative framework
for the Authority to administer additional
assistance measures to dairy producers
under the Supplementary Dairy Assistance
Scheme 2001.
The Dairy Structural Adjustment Program
(DSAP) and Supplementary Dairy Assistance
(SDA) are the Australian Government's
response to the dairy industry's request to assist
the industry to adjust to the fully deregulated
market, which became effective on 1 July 2000.
The prime objective of the Dairy Adjustment
Authority is to administer the Australian
Government’s Dairy Structural Adjustment
Program and Supplementary Dairy Assistance.
These provided around $1.63 billion and $139
million respectively, which is to be allocated in
payments for eligible dairy producers. In
achieving this objective, the Authority
expended $3.72 million in operational costs in
the financial year ended 30 June 2003.
Although a prescribed body under the
Financial Management and Accountability Act
1997, the Dairy Adjustment Authority is funded
by a levy on drinking milk, and not through
budget appropriations. Performance is reported
over the life of the two programs, against
objectives and key performance indicators
agreed by the Authority.
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