Reverse Fonterra favouritism, says Productivity Commission

Reverse Fonterra favouritism, says Productivity Commission
Dan Brunskill
The Productivity Commission is recommending the reversal of changes to the regulation of dairy giant Fonterra, which only passed into law in July.The new rules will stifle much-needed competition, the commission says in a draft report on improving the competitiveness of New Zealand's so-called 'frontier firms'.The Dairy Industry Restructuring Act (DIRA), which allowed the creation of the giant farmer-owned cooperative in 2001, was amended in July to give Fonterra the right to refuse re-entry by dairy farmers who have left but want t...

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