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


Dairy Legislation Time Frame Very Tight

DFNZ chairman Charlie Pedersen said today that the time for responding to the new Dairy Industry Restructuring Bill was so tight as to be formidable but not impossible to adequately consult stakeholders and respond to the select committee.

Submissions will be due four weeks from today to enable the bill to be back before Parliament before it rises. A specially formed select committee is going to examine the bill.

"Our members are already nervous at the pace of change and their lack of inclusion in the process. However, we agree that the industry has had to find agreement on some complex and linked issues before consulting the stakeholders in a way that is meaningful, bearing in mind that this is the busiest time of the year on a dairy farm.

Mr Pedersen said that he had confidence in the ability of the DFNZ Executive and DFNZ Council to respond on behalf of their members.

"We must accept the criticism that to this point, farmer inclusion has been less than ideal. However, now is the critical time, with all parts of the jigsaw in place and the picture at last complete."

"Industry leaders and DFNZ must now make sure all farmers understand the options the legislation will allow them, and are sufficiently briefed to make the decision that has such huge implications for the future viability of New Zealand dairy farming and the New Zealand economy," Mr Pedersen said.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


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>>



Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news