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The Government's $9.9 million loan to Westland Milk is raising eyebrows.
Some on social media are calling it a Government bailout for a struggling dairy co-op.
The taxpayer-funded loan will help Westland construct $22m plant for specialty products.
One prominent finance commentator says the deal smells bad and wants more details to be made public. He tweeted “Looks like the taxpayer is now a bank.”
More questions are being asked about the Government’s contentious $10 million loan to Westland.
Westland Milk Products says the DIRA is still needed, but with some changes.
Any changes to the tax system should better support the productive dairy sector and not hinder environmental work, says DairyNZ.
A significant number of lifestyle block owners may have to pay a capital gains tax on their family home, warns the Real Estate Institute of NZ.
Federated Farmers says a capital gains tax will add unacceptably high costs and complexity.
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More questions are being asked about the Government’s contentious $10 million loan to Westland.
Cows and bulls searching for ‘moo love’ now have a mobile app to help their breeders.
