AUSTRALIA: Sugar producers not keen on assistance deal
Sugar farmers in Australia have given a lukewarm reaction to details of the Federal and State Government industry assistance package intended to shore up their sector. The A$150m (US$81.5m) package sees the State Government contribute $30m towards new grants and subsidised loans, while the Commonwealth is donating some $120m. Some of this money will be given to farmers in the form of exit payments as they quit the sugar farming sector.
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