Australia’s dairy industry is a significant economic contributor to the regions in which it operates, and to Australia as a whole.

In 2021/22, $4.9 billion of milk was produced by Australian farmers, and transformed by dairy processors to products worth over $17 billion. Economic analysis completed in 2021 indicates that on average, a $1 increase in dairy industry output drives a $1.23 increase in Australia’s GDP, and every $1 million of dairy sales generates 9.65 full time equivalent jobs.