Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business

Dairy farmers' Fonterra class action payout slashed after $12 million for legal fees, funders

Dairy farmers say they are still recovering from the 2016 crisis. (AAP: Mal Fairclough)

Dairy farmers who were part of a class action over slashed milk payments, which sparked the 2016 dairy crisis, estimate they will get about 10 per cent of what they lost.

It comes on an important day for the almost $5 billion industry, with all milk processors required to release farm gate milk prices today. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.