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27 Apr 2024 13:44
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      Home > News > Rural

    Fonterra says Government's tweaks to Dairy Industry Restructuring Act are good but don't go far enough

    Fonterra says some of the Government's tweaks to the Dairy Industry Restructuring Act are beneficial but don't go far enough


    Fonterra
    Fonterra
    Cabinet has signed off on Primary Industries Minister Damien O'Connor's proposals to change the act.

    Chairman John Monaghan says they will now have the right to refuse certain farmers milk.

    He says that will be farmers who don't meet their terms and conditions of supply, especially around the environment and sustainability - which is a good start.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
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