Outlook for the Australia Dairy Industry The Situation & Outlook process is designed to provide the Australian dairy industry and its stakeholders with an overview of the entire industry supply chain from dairy farm inputs to consumer markets. This is the latest of three updates released, following the most recent annual Dairy 2008: Situation & Outlook report published in June 2008. The report has been compiled with input from industry organisations and dairy companies, as well as a range of information sources.