Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Dairy Merger Must Be Scrutinised

Sunday 8th Apr 2001 Penny Webster Media Release -- Other

Allowing the GlobalCo dairy merger proposal to avoid Commerce Commission scrutiny would be an abuse of Government power and could backfire on vulnerable farmers and the whole country, ACT MP and dairy farmer Penny Webster said today.

“We must have calm scrutiny of this proposal. I fear the consequences if we blindly place the future of the dairy industry in the hands of one group of people with one set of ideas – ideas that haven’t been independently assessed for their effectiveness. This really is putting all your eggs in one basket. If the people who would run GlobalCo get the strategy wrong, they could mess up the whole industry here, which would be disastrous for farmers and for all New Zealanders.

“As well, what sort of signals would the Government be sending if it allows this country’s biggest business to form itself into a virtual monopoly without proper scrutiny. Any other business, whether locally or overseas owned would have to put such a merger before the Commerce Commission. What are all the companies who have in good faith applied for the Commission’s approval for a takeover or merger to think of this?

“If the proposal were sound, it would breeze through the Commerce Commission. Why should it be given special treatment? This merger is far too important to the livelihoods of thousands of farmers and sharemilkers to bypass the business watchdog.

“I just think the dairy industry leaders themselves know that the proposal wouldn’t stand up to independent scrutiny. They’ve pulled the wool over the farmers and now, it seems, are doing the same to the Government.

“There are many issues which need to be examined properly before this merger should be allowed.

“Some of the issues we must examine include lumping Livestock Improvement into the transfer package. Sharemilkers have made a huge investment into that company, and they will be left out in the cold along with every Westland and Tatua supplier, and the small-town milk companies.

“We must also ensure that sharemilkers don’t continue to miss out on shares, after campaigning for years to be shareholders of dairy companies.

“If the Government lets GlobalCo bypass all checks and controls, it will be showing scant regard for the security of the farmers and all New Zealanders,” Penny Webster concluded.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Military Roles In Iraq & Afghanistan

The politics of the deployment extension have degenerated into a slanging match about whether the previous National government was right or wrong to make the initial commitment to Iraq – and whether the extension is a responsible thing given our joint training role in Iraq with Australia, or is hypocritical in the light of prior statements made by a previous Labour leader etc. etc. etc.

As usual, the benefit – or otherwise – of our military presence to the people on the receiving end has barely had a look in. More>>


Commissioner To Be Appointed: Govt To Dismiss Board Of Whitireia And WelTec

Education Minister Chris Hipkins has made a preliminary decision to appoint a Commissioner to Whitireia and WelTec to address the two polytechnics’ financial woes. More>>


Open Government Action Plan: Government To Proactively Release Cabinet Papers

The Cabinet papers will be released no later than 30 business days after a Cabinet decision. This process will be in place for Cabinet papers lodged from 1 January 2019... More>>


NZ Initiative: Evidence Of "Huge" Government Waste

It is not so much that spending is being literally wasted. Rather the best performing countries are achieving much better outcomes relative to their spending. More>>


Gordon Campbell: On The Ardern Pep Talk

The intolerance being shown as the coalition process unfolds in New Zealand betrays our depressing appetite for a tidily totalitarian style of government where everyone is expected to march in lockstep. More>>


Last Two: All Charter Schools To Join State System

The decisions on Tūranga Tangata Rite in Gisborne and Waatea School in Auckland mean that all 12 charter schools that applied to become designated character or state integrated schools have now been approved. More>>





InfoPages News Channels