Beef & Lamb NZ directors could be in for a pay rise

BLNZ chair Kate Acland. (Image: Supplied)

Tue, 20 Feb 2024

Beef and Lamb New Zealand’s directors could be in for a pay rise, asking its levy-payers to vote on a “catch-up” year for its board fees.The industry body’s pool for director fees is around $401,500 a year. But there is a proposal to increase that by roughly 9% to $475,000.If passed, it will increase the fee for chair Kate Acland from $76,220 to $90,000. Each director would also get an increase from $38,110 to $45,000.It’s one of several resolutions, and farmer remits the industry body’s farmers will vote on...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZ sharemarket starts week down 0.8%

The S&P/NZX 50 Index closed at 13,351.92, down 115.34 points or 0.86%.

Graham Skellern 13 Oct 2025

Property

Du Val pair ordered to pay costs

The Clarkes are to pay the markets regulator following the asset seizure hearing.

Maria Slade 13 Oct 2025

Property

Auckland developer collapse leaves $40m in debt

Between all firms, debts with the IRD are about $25 million.

Gregor Thompson 13 Oct 2025

Auckland developer collapse leaves $40m in debt

Sponsored

Diversification has never been more important, says award-winning fund manager

Harbour Asset Management

Sponsored

The risks of powering New Zealand’s data boom

Sydney has curbed data centres to save power and water. Can New Zealand plan more wisely?

Dentons

More Primary Sector

Primary Sector

Alliance chair urges farmers to vote on Dawn deal: ‘Every vote counts’

Staff reporters 13 Oct 2025

Primary Sector

Napier Port on track to beat earnings guidance, Jarden says

It released its fourth-quarter volumes on Friday.

Staff reporters 13 Oct 2025

Primary Sector Rare Returns

Rare Returns: the state of NZ’s red meat sector

NZ’s red meat price rebounds, but cracks in the system are hard to ignore.

Riley Kennedy 13 Oct 2025

Primary Sector

Government to lower 2050 methane reduction target range

The Government is lowering its 2050 methane reduction target and confirming a review will take place in 2040 to assess whether New Zealand’s reduction efforts align with high-emissions countries.Cabinet will soon approve a new target range of 14–24% below 2017 methane emission le...

Staff reporters 12 Oct 2025

Beef & Lamb NZ directors could be in for a pay rise

More Primary Sector

Your company has a subscription

Team