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

 

Dairy Farmers Say ‘yes’ To Milksolids Levy

Levy paying dairy farmers have voted to continue the sector’s milksolids levy.

The one in six-year milksolids levy vote closed on May 30, with provisional results showing 57 percent of the 11,747 levy paying dairy farmers voted – and of those who voted, 69 percent voted ‘yes’ to continuing the levy.

Weighting the vote by milksolids production shows even greater representation and support for the levy, with this year’s votes equating to a 67 percent farmer vote and 74 percent voting ‘yes’.

DairyNZ, the industry good body for dairy farmers, is funded by the milksolids levy. Chair Jim van der Poel said the vote provides DairyNZ with confidence as it heads into the future.

“New Zealand’s dairy sector is progressive and our farmers have illustrated a clear mandate that they want an industry good organisation which represents and supports them to continue as a successful sector,” said Mr van der Poel.

“The milksolids levy underpins a wide range of industry good work, including the sector strategy Dairy Tomorrow, and we are pleased this year’s levy vote will enable DairyNZ to continue that work on behalf of dairy farmers.”

The milksolids levy vote was a simple ‘yes’ or ‘no’ vote for each levy paying farm owner, sharemilker or leaseholder.

“Final results will be available once the total milksolids produced for the 2019/20 season is known in late June. However, we don’t expect any significant change.”

A clear indication of farmer support is required for DairyNZ to make a new levy application to the Minister for Primary Industries to approve the ongoing levy for the next six years.

“I’d like to thank every dairy farmer who voted. Having a farmer mandate gives us a stronger voice when important decisions are underway, where sector feedback can result in significant change.”

Mr van der Poel said DairyNZ will continue to deliver the best research and on-farm tools and support.

“Securing a better future for dairy farmers is the biggest motivator for the DairyNZ board and staff and we are looking forward to continuing our work. This levy campaign will inform our priorities and we have a lot of work ahead of us,” said Mr van der Poel.

“The 2020 season has been challenging with weather, COVID-19 and some uncertainty, so we have some work to do as an organisation and we look forward to ensuring we have farmers’ support and active engagement going forward.”

“We’ve picked up a lot of useful feedback from farmers through this process, which we’ll use to improve our service to farmers going forward.”

Levy paying farmers contribute 3.6c per kilogram of milksolids (kgMS) produced. The levy rate gets reviewed by the DairyNZ Board each year. It has remained at 3.6c/kgMS since 2008 and DairyNZ has committed that it will remain at that level for the 2020/21 season.

The table below shows previous milksolids levy outcomes.

Levy vote yearBy number By milksolids 
 Overall voter turnout
(by number of eligible voters)

‘Yes’ vote

(by number of eligible voters)

Overall voter turnout

(weighted by milksolids production)

‘Yes’ vote

(weighted by milksolids production)

200259%63%62%67%
200852%69%61%75%
201460%78%68%82%
202057%69%67%74%

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tiwai Point: Rio Tinto Announces Plans To Close Tiwai Point Smelter

Rio Tinto has just announced that it will wind down New Zealand Aluminium Smelters - the Tiwai Point smelter - saying the business is no longer viable. More>>

ALSO:

Freight: New Report On Auckland Port Relocation

The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. More>>

ALSO:

Chartered Accountants: COVID-19 Fails To Knock Kiwi Investor Confidence, But More Disclosure Wanted

Three months of COVID-19 lockdown and investment turmoil has done little to knock confidence in New Zealand capital markets and listed companies with overall investor sentiment very similar to 2019, an investor survey held in mid June shows. However, ... More>>

ALSO:

Taxation: Black-Market Tobacco Sidesteps $287 Million In Excise Tax

Year-on-year increases in consumption of illicit tobacco in New Zealand have seen illegal trade swell to 11.5% of the total market. If consumed legally, illicit products would have netted the Government $287 million in excise tax during 2019. Independent ... More>>

ALSO:

Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>

ALSO:

XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>

ALSO:

Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>

ALSO:

Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>

ALSO:

RNZ: Economic Activity And Business Confidence Bouncing Back

Two surveys from ANZ show business confidence and economic activity have rebounded, but uncertainty about the future remains extreme. More>>

ALSO:

NIWA: The Climate Record That Keeps Getting Broken

Among the multitude of New Zealand climate statistics there is one record that continues to be broken month after month. Since January 2017 there has not been one month that recorded a below average nationwide temperature, according to NIWA’s seven station ... More>>

ALSO:

Govt: Extended Loan Scheme Keeps Business Afloat

Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small ... More>>

ALSO:

Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>

ALSO:


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>

ALSO:

Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>


DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>

ALSO:

New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>

ALSO: