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Tuesday, 8 November 2011
Page: 8468


Senator LUNDY (Australian Capital TerritoryParliamentary Secretary to the Prime Minister and Parliamentary Secretary for Immigration and Multicultural Affairs) (10:07): The carbon price impact on dairy prices is projected to be 0.4 per cent, reflecting the low emissions intensity of dairy processing and the impact of the exclusion of agricultural emissions from the scheme. Targeted assistance under the $150 million Clean Technology Food and Foundries Investment Program is the appro­priate vehicle for addressing carbon cost issues in the dairy supply chain. I understand these issues were covered to some degree yesterday. I am very happy to continue with my briefing notes, so please indicate if you would like further information.