Sweet deal for canegrowers
THE acceptance of the regional reform plans for the sugar industry has resulted in $3.9million to New South Wales canegrowers and the NSW Sugar Milling Cooperative, according to Member for Page, Ian Causley.
Mr Causley said the release of the second payment had come at a critical time of the season with the money, for some growers, making the difference between the means to plant or not.
"I am happy to say that the reform process has progressed to the point where the second payment can now be released to growers," Mr Causley said.
"I believe this second payment will benefit cane growers on the Clarence Valley considerably."
The sustainability grants, totalling $7.8million to the NSW sugar industry over two payments, were a central component of the Howard Government's $444million national sugar reform package announced in 2004.
The Federal Government agreed to the funding on the conditions that regional plans were developed to provide the basis for ongoing reform; and there was a demonstrated commitment by the sugar industry to structural reform consistent with the statement of intent.