Business Breakdown: Fonterra's rivals reject need to deregulate dairy industry

Mon, 13 Jul 2015

By Fiona Rotherham July 14 (BusinessDesk) - Competitors of Fonterra Cooperative Group, the country’s largest dairy processor, claim there’s still insufficient competition to deregulate the industry. The Commerce Commission is undertaking a nine-month review, ordered by the government, of the industry’s competitiveness and the Dairy Industry restructuring Act 2001 (DIRA). In submissions to the commission, rival processsors either want the status quo or are pushing for tighter regulations. Fonterra said it would comment separately on sub...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property
Precinct sees solid lease uplift, pays $8.3m in rent relief
Brent Melville | Thu, 18 Aug 2022

The listed property firm has seen its portfolio valuation climb by $400 million to $3.7 million.

Markets
Auckland Airport shares fall on weaker forward guidance
Dan Brunskill | Thu, 18 Aug 2022

Auckland Airport today said it expects profit to land somewhere between $50m and $100m, as travel in the Asia Pacific region recovers more slowly than in other parts of the world.

Finance
Kiwibank emphasises the 'Kiwi' as it posts record profit
Jenny Ruth | Thu, 18 Aug 2022

Kiwibank grew its business lending by three times the total bank lending growth in the year ended June.

Sponsored
In uncertain times, bricks and mortar hold steady

Can real estate provide a hedge against high inflation? Scott McKenzie, CEO of PMG Funds, talks about why tangible assets can be defensive and how PMG’s latest investment offer will help make the fund more resilient.

Sponsored
Communication the barrier to ‘human firewall’ technology

Communication is the barrier to New Zealand adopting the global Zero Trust cybersecurity strategy, says a new survey.