AGRICULTURE: Deregulation and low prices see sugar investment collapse*

As News Weekly goes to press, a major sugar summit is underway in Brisbane, organised by the Australian Cane Farmers Association. Bill Micola, sales manager of Cameco Cane Harvesters describes how with the threat of deregulation, investment in the sugar industry has collapsed.Over the past year, three reports written by free market ideologues have recommended deregulation of the sugar industry – the Federal Government’s Hilderbrand inquiry, the Queensland Government’s Centre for Internation…

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