Fonterra seeks further changes to dairy act

Fonterra seeks further changes to dairy act
Rebecca Howard
The Dairy Industry Restructuring Act needs to stop tilting the playing field in favour of foreign-backed competitors with significant capital resources, Fonterra Cooperative Group says. Eighteen years after the passage of the original legislation, there are 10 competitors operating 15 manufacturing sites across the country and Fonterra’s market share has reduced from 96 percent in 2001 to around 82 percent in 2018, it said in its submission on proposed changes to the law. The act was passed in 2001 to enable the formation of Fonterra. Sin...

More Primary Sector

Job cuts on the table at embattled BX Foods
Primary Sector

Job cuts on the table at embattled BX Foods

The meat processor operates a plant in Oamaru.

Riley Kennedy 25 Jul 2024
Foresta parts ways with managing director Ray Mountfort
Primary Sector

Foresta parts ways with managing director Ray Mountfort

The company assured shareholders plans for a biomass plant in Kawerau are on track.

Greg Hurrell 25 Jul 2024
NZ raises its concerns with EU over deforestation regulation
Primary Sector

NZ raises its concerns with EU over deforestation regulation

The regulation is tipped to pose “quite significant burdens”.

Riley Kennedy 25 Jul 2024