How did Murray Goulburn, once Australiaβs biggest milk processor and a successful dairy cooperative since 1950, end up being sold to its international competitor, Canadian dairy giant Saputo? In the final part of this series (read), Elena Garcia provides some answers. [You can also read part one, two and three.]
Despite the profitability of the Australian dairy industry and its claims to support βinnovation" and "jobs and growthβ, the federal government refused to step in and help Murray Goulburn expand into untapped Asian markets.