Disappointment at Stalled Restructing Discussions

MEDIA RELEASE

Monday 21 April 2008

The Meat Industry Taskforce has today considered last week’s announcement that the industry restructuring project led by the Alliance Group had failed to progress to the next stage.

Chairman of the Taskforce, Sir John Anderson said the Taskforce was disappointed that discussions had stalled.

The Taskforce has been compiling industry information to support recommendations on how the industry might be re-organised to deliver long- term sustainable returns for farmers and the wider industry.

Sir John said the Taskforce has been fully supportive of the restructure concept and has been acting in a supporting role to assist the commercial discussions to bring them to a conclusion.

“We remain convinced that the merits of the concept are still worth pursuing and further discussions are planned this week to encourage the talks to resume,” Sir John said.

The Taskforce has requested that farmers and media commentators allow these talks to conclude before further comment is made.

ENDS

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