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


Welcome For Wool Board Referendum

07 April 2002

Meat & Fibre Producers Welcomes Wool Board Referendum

NZ Meat & Fibre Producers Chairman Murray Taggart has welcomed the announcement by the New Zealand Wool Board that it will hold a referendum on its proposed restructuring plans over the April / May period 2002.

"It is very pleasing for levy payers to see some tangible progress towards the restructuring of the Wool Board," said Mr Taggart.

"Late refinement of the Board's restructuring proposals mean its plans are more or less in line with NZ Meat & Fibre Producers' position. We would encourage all farmers to participate in the referendum."

"The referendum will give growers the opportunity to have a say on some important issues, including confirming that they want the Board wound up and deciding on the future tradeability of shares in the proposed commercial venture Wool Equities Ltd."

According to the Wool Board, it expects to post out the referendum papers and supporting information memorandum late April with referendum papers due back to the Board in late May. Growers should check the information pack for the referendum closing date.

"It's important that growers take the time to understand what the Board is proposing and participate in the referendum. By returning the referendum form growers will also effectively be taking the first step towards registering their interest in the future distribution of reserves," concluded Mr Taggart.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>