Senator HINCH (Victoria) (12:03): I and on behalf of Senator Rice, move: That the Senate— (a) notes that: (i) the Australian Competition and Consumer Commission (ACCC) published its final report on the dairy inquiry on 30 April 2018, following an 18-month public inquiry, and (ii) the ACCC made a number of recommendations with the goal of addressing a large imbalance in bargaining power between farmers and processors, one of which was recommendation 8: a mandatory code of conduct within the act should be established for the dairy industry; (b) acknowledges that: (i) the industry has taken the initiative to self-regulate by implementing a voluntary code of conduct, (ii) while this is a positive step, the ACCC sees the need for a mandatory code, as opposed to a voluntary code, for the following reasons: (A) it is difficult to monitor compliance with a voluntary code, (B) there are no consequences for breaching a voluntary code, (C) not all processors in the industry are signatories to the voluntary code, and (D) strengthening the voluntary code may result in non-signatories being less likely to sign up, and (iii) under a mandatory code, by comparison, the ACCC would have the power to take enforcement action for non-compliance against parties that are subject to the code – remedies would include injunctions, damages, non-punitive orders and other compensatory orders; and (c) calls on the Federal Government to prioritise the implementation of a mandatory code of conduct for the dairy industry, in line with the ACCC's recommendations. I seek leave to make a short statement. The PRESIDENT: Leave is granted for one minute. Senator HINCH: First up, I want to acknowledge Garry Kerr from Farmer Power and Shaughn Morgan from Dairy Connect, who have advocated strongly on behalf of dairy farmers and made sure we in the parliament are aware of all the issues facing regional Australia. I also want to note that, while it won't solve the wider structural issues facing the dairy industry, Woolworths today announced they'll be adding 10c a litre to the price of milk to be directed straight to drought-affected farmers. It is, I believe, a testament to our community that many shoppers around the country—city and country—are happy to cop that small extra charge to help those people who work hard every day to keep the milk industry alive in Australia. Farmers I have spoken to have told me that every cent helps during these difficult times.