Annual Reports
If you are a GAC member and wish to receive a hard copy please contact us.
2023-24 Annual Report
Year:
2024
On July 1, 2023, GAH, (Genetics Australia Holdings) commenced
operations as a joint venture between GAC and URUS and continued
to operate under the Genetics Australia brand.
2022-23 Annual Report
Year:
2023
It has been a true strategic journey for nearly a decade and we
couldn’t be happier with the results.
2021-22 Annual Report
Year:
2021
As we end one of our most successful financial years on record, it is
timely to consider what contributed to this outcome.
2020-21 Annual Report
Year:
2020
In many ways the past year has been one of the most significant in the history of the Co-operative.
2019-20 Annual Report
Year:
2019
Improving industry conditions over
the past 12 months in South Eastern Australia have been pleasing
however, the challenges of milk price, cost of production and adverse
seasonal conditions continue to plague producers in other regions.
2018-19 Annual Report
Year:
2018
The agribusiness sector of the dairy industry is feeling the effects of this
prolonged downturn and no business appears to be immune. In saying that, Genetics Australia continues to deliver on our mission and values providing Australian farmers with world class genetics at sensible prices.
2017-18 Annual Report
Year:
2017
Our industry continues to face difficult times with challenging climate and low milk prices. Despite the less than ideal conditions, Genetics Australia continues to provide Australian farmers with the best genetics at sensible prices. Our co-operative ethos and our values compel us to operate in this way.
2016-17 Annual Report
Year:
2016
Genetics Australia responded to the industry downturn and the erosion
of farmer confidence by launching our 100% Committed Shareholder
offer.
2015-16 Annual Report
Year:
2015
Dairy industry conditions for the latter part of last financial year deteriorated dramatically undermining the confidence of farmers and service and product providers alike.
2014-15 Annual Report
Year:
2014
The Dairy industry year again began with trepidation. After solid demand from China and other importers, the signals of over supply quickly softened milk prices to our shareholders.
2013-14 Annual Report
Year:
2013
It is pleasing to report a positive result for GAC in what was a milestone year in an ever-changing landscape. Most regions experienced favourable climatic conditions together with near record milk prices.
2012-13 Annual Report
Year:
2012
The 2012/2013 year was a very challenging year for most involved in the Dairy industry, including Genetics Australia Co-operative Limited (Genetics Australia).
2011-12 Annual Report
Year:
2011
The dairy industry experienced more favourable seasonal conditions and milk price versus cost pressures in the 2011-2012 financial year in most key dairying areas.
2010-11 Annual Report
Year:
2010
The 2010–2011 year was one of consolidation for both the dairy industry
and Genetics Australia Cooperative Limited.