- Tasmanian dairy performance is strong and is the most rapidly growing and profitable dairy region in Australia.
- Production is growing at 3% to 4% year on year.
- Considerable factory investment has occurred, providing major support for new dairy investment.
- There is significant excess processing capacity within the state to accommodate long term growth in supply.
- Tasmania has many environmental advantages, including:
Tasmanian Dairy Industry
- an abundance of natural water;
- significant investment in irrigation schemes;
- an absence of major animal diseases; and
- an ideal climate for pasture based dairy production.
- In addition to new farm development coming online, water is becoming more available, enhancing pasture growth for both dairy and grazing properties. This buoyancy has encouraged operational growth and land expansion.
- There is an increasing global demand for dairy products.
- Production costs are kept low through pasture-based farming.
- Land prices are highly competitive – values in Tasmania are lower than many other Australian states and dairying areas in New Zealand.
- This provides an opportunity to capitalise on climate change driving Australian milk production to cooler, wetter parts of the country.
- Current forecasts for a climate-changed world point to a long term and profitable future for the Tasmanian dairy industry.
- The Tasmanian dairy industry boasts first world infrastructure and a well-organised, cohesive dairy industry sector with clear, demonstrated capability that includes multinational, national and Tasmanian dairy manufacturing companies operating both large and small processors.