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Frequently Asked Questions
Frequently Asked Questions
How can I become a member of the Co-operative and what does it cost?
By contacting the Co-operative's 'Membership Co-ordinator', a membership application will be immediately forwarded to you. The cost of membership is A$250.00, which gives the new member a holding of 250 stock units.
Can anyone join as a member of the Co-operative?
No. A person must be actively engaged in a rural industry as a customer producer and supply animals for slaughter to the Co-operative, (a minimum throughput of 500 kilos 'Hot Standard Carcase Weight' per year is required).
What happens if I decide I no longer wish to be a member?
You simply advise in writing to the Co-operatives 'Membership Co-ordinator' that you no longer wish to be a member and your shares will be repurchased at the original value of A$1.00 per unit (A$250.00 per holding).
What do I gain from being a member of the Co-operative?
• Producers and Customer/Operators are able to use the Co-operatives state of the art processing facilities, without the extensive capital outlay in owning ones own processing plant
• Members share in the success of the Co-operative by profit sharing through direct consignment incentives, dividends and rebates.
• Up to date industry information is supplied to Co-operative members.
• Being part of a group of like minded individuals who fully support the future of the Australian livestock industry within the Co-operative concept.