Damien O’Connor’s wilful blindness in his Fonterra about-face

Agriculture minister Damien O'Connor won't explain his Fonterra about-face. (Image: Getty)

Mon, 27 Jun 2022

Why did agriculture minister Damien O’Connor change his mind about Fonterra’s restructuring?It’s been a remarkable about-face. Ahead of the vote by farmers last December, O’Connor showed he well understood why the restructuring is so fatally flawed.He laid out his understanding of why in a letter included in the notice of meeting sent to farmers ahead of the vote.“I am particularly concerned that the current proposals would create a higher risk of diverging shareholder interests inside the cooperative between farme...

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