Scoop has an Ethical Paywall
Who's The Boss At Fonterra Asks Woolerton?
Who's The Boss At Fonterra Asks Woolerton?
New Zealand First has urged Fonterra Dairy Cooperative executives to remember that they are the servants of their farmer shareholders and to start performing or face salary cuts.
Agriculture spokesperson Doug Woolerton said today that the latest drop in the payout of ten cents a kilo is astonishing - given that prices for dairy products on world markets are recovering.
“We have total sympathy for dairy farmers who have seen big cuts in their incomes this season and we suggest that the Fonterra corporate fatcats on huge salaries should suffer the same fate.
“The farmers own the company so they have every right to expect their executives to be accountable for their performance.”
Mr Woolerton said that the latest issue was sound proof that Fonterra should never become a public company or get any more involved in unnecessary corporate activity.
“There is a
danger that dairy farmers will end up as coffee-grinders for
Craig Norgate and his ilk if that happens,” said Mr
Woolerton.
Gordon Campbell: On unemployment, Winston Peters’ low boiling point and music criticism
NZ Government: Government Recommits To Equal Pay
Emily Ireland - Local Democracy Reporter: Deputy Mayor ‘disgusted’ By Response To Georgina Beyer Sculpture
Te Pāti Māori: Māori Unemployment Rate Increases By More Than Four-Times National Rates
Government: Streamlining Building Consent Changes
Koi Tu - The Centre for Informed Futures: If Not Journalists, Then Who?
FIRST Union: May Day, The Biggest Threat To NZ Workers In 2024 Is Our Government
