A mandatory code of conduct for wheat exports has been released by the Federal Government, and will be in place by 1 October.
In a joint announcement, the Minister for Agriculture, Barnaby Joyce, and Minister for Small Business, Bruce Billson, said the code will “give exporters of bulk wheat fair and transparent access to port terminal services,” ABC Rural reports.
Joyce said the code of conduct is necessary to support the $6.8 billion wheat export industry.
“After consulting widely with industry, we made some changes to address potential concerns,” he said.
“The code now ensures the level of regulation on port terminal operators is fit-for-purpose and won't impose an unnecessary regulatory burden on the industry.”
The code of conduct will be monitored and enforced by the Australian Competition and Consumer Commission (ACCC).
The code of conduct will be subject to a review in three years' time and another review three years later if it remains in place after the initial review.