Blog Post

Australia’s FMD compensation package contains ‘major flaws’

Major flaws exist in the AusVetPlan’s approach to compensation for stock losses associated with any outbreak of Foot & Mouth Disease in Australia, independent analyst Simon Quilty told an industry gathering on the Gold Coast yesterday.

Speaking during the Rural Marketing Agents (RMA Network) annual conference, Mr Quilty painted an alarming picture about the financial impact on livestock producers of an FMD incursion from Indonesia. He exposed what he sees as serious flaws in the size of the available compensation package for stock liquidated in the disease response, and the methodology…

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