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


Dairy Farmers Unconvinced re Meat NZ Levy

Dairy Farmers Unconvinced re Meat NZ Levy

Dairy Farmers of New Zealand (DFNZ) remain unconvinced that the activities suggested by Meat New Zealand in their draft proposal for the future of Meat Levies would benefit all levy payers.

Meat NZ Chair Jeff Grant addressed the DFNZ conference in Wellington earlier this week.

"Dairy farmers are concerned that they will be paying for activities, which will duplicate those that they fund through the dairy levy, says DFNZ Chair Kevin Wooding.

"Meat NZ has proposed that a third of the levy be spent on market development. DFNZ is concerned that they have not seen any return for investment in this area and believes that the processing companies should undertake promotional activity.

"Given the lack of benefit derived from the bobby calf levy to date DFNZ considers that the bobby calf levy in particular is unjustified.

"Dairy farmers need to be convinced that the activities Meat NZ proposes will deliver benefit before they commit to paying an industry good levy on meat."

© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news