Dairy Australia Limited (DA) was formed in 2003 as part of the restructuring of the Australian dairy industry. As part of the deregulation of the dairy industry in July 2000, the industry reviewed its organisations and structures, forming DA to assume the functions that prior to that time had been undertaken by the Australian Dairy Corporation (ADC) and the Dairy Research and Development Corporation (DRDC).
A new Constitution was developed and a Statutory Funding Agreement agreed with the Federal Government.
DA operates within a complex matrix of obligations owed to multiple stakeholders. By virtue of its status as an industry-owned Rural Research and Development Corporation (RDC), it owes obligations to its members and to the Commonwealth and is also subject to the legislative obligations ordinarily owed by corporations.
As an industry owned RDC, DA is reliant upon the Commonwealth for funding; the terms and conditions surrounding the basis upon which that funding is granted to DA are set out in the Statutory Funding Agreement. These documents are available below.
At the 2013 AGM, members voted to pass 11 separate special resolutions to amend Dairy Australia’s Constitution. At the 2014 AGM, members voted to pass one special resolution to amend Dairy Australia's Constitution. These amendments have now been approved by the federal Minister for Agriculture and are now in effect.
At the 2016 AGM, the requirement to have Ministerial consent to changes to the Constitution once approved by Group A members, was removed. This was undertaken at the request of the Federal Minister for Agriculture.
View copies of:
Corporate Governance and the Board
In accordance with Rule 22 of the Constitution, the Board must establish certain sub-committees. The Board sub-committees currently in place are the:
- Audit and Risk Management Committee;
- Human Resources Committee; and
- Selection Committee.
View copies of:
Policy on Independence of Directors
Dairy Australia Board Skills Matrix
The Board Skills Matrix is a summary of those skills areas which the Dairy Australia Board considers to be required of the Board as a whole. This information is updated by the Board (in consultation with its committees) as the needs of the industry and the organisation change.
- View a copy of the Dairy Australia Board Skills Matrix