O'Connor to table holding bill on dairy restructuring to allow deeper review

Tue, 19 Dec 2017

By Paul McBeth Dec. 19 (BusinessDesk) - Agriculture Minister Damien O'Connor says he will introduce legislation next year delaying the expiry of provisions that require Fonterra Cooperative Group to accept milk supply from any South Island farmer that seeks to join the company, pending a wider review of the regime. The bill needs to be passed before May next year when contestability and efficiency provisions expire under the Dairy Industry Restructuring Act as a result of independent processors collecting 22 percent of all milk solids in...

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