Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Dairy Industry Restructuring Act 2001

Commission's outlines its role in the Dairy Industry Restructuring Act 2001: www.comcom.govt.nz

The Commerce Commission today published on its website a document outlining its role within the Dairy Industry Restructuring Act 2001.

The 24 page publication, called Compliance, explains the Commission's roles and responsibilities under the new Act, and its approach to meeting them.

"The Commission recognises the significant role the dairy industry has within New Zealand and its economy," said Commission Acting Chair, Paula Rebstock.

"The Commission's approaches will be drawn from its experience with its other investigation and adjudication responsibilities, following its normal processes and principals." The Commission consulted with the Ministry of Agriculture and Forestry, the Ministry of Economic Development, Fonterra and the Shareholders' Council in the preparation of Compliance.

In addition to being available on the website, Compliance is currently being printed and will be distributed next week.

"This issue of Compliance is the largest direct distribution in its six year history. The 18,500 farmers and sharemilkers on Fonterra's database will personally receive a copy of Compliance next week," added Ms Rebstock.

The electronic "pdf" file is available today and can be downloaded from the Commission's website, www.comcom.govt.nz .

Ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

'Unprecedented' Conditions: Genesis Coal Burn 5-Yr High

Coal-fired generation from Genesis Energy’s Huntly operations was the highest in more than five years in the December quarter, as a combination of low hydro storage and plant outages were compounded by tight natural gas supplies. More>>

ALSO:

Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>

ALSO:

GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>

ALSO:

Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>

ALSO: