Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
Minister of Ag Damien O’Connor says the review will help the dairy sector get in shape for the future.
The Government has announced a comprehensive review of dairy industry legislation.
Minister of Agriculture Damien O’Connor says the review will help the sector get in shape for the future.
The Government also released the terms of reference for a review of the 17-year-old Dairy Industry Restructuring Act 2001 (DIRA), which regulates Fonterra to protect the long-term interests of farmers, consumers and the wider economy.
“The Ministry for Primary Industries will consult widely throughout the review, including surveys and formal consultation later in the year and I encourage you all to get involved and have your say,” says O’Connor.
“The review will allow us to take a strategic view of issues facing the dairy industry.
“In particular it will look at open entry and exit for farmers, the raw milk price setting process, contestability for milk, the risks and costs for the sector, and the incentives or disincentives for dairy to move to sustainable, higher-value production and processing.”
O’Connor says the whole dairy sector needs to look ahead to see what trends and potential disruptions are coming our way and get ahead of consumer trends.
“Only through a frank appraisal of the issues will we come to the right conclusions,” he says.
“The dairy industry will be fully consulted throughout the review so that any issues can be given full consideration before any changes happen.
“I look forward to receiving feedback from farmers, dairy processors, consumers and the wider public in the upcoming consultation process.”
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
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