Commerce Commission files proceedings against Westpac
The Commerce Commission has announced that it has filed proceedings against Westpac New Zealand.
The Commerce Commission has provisionally authorised New Zealand Tegel Growers Association Incorporated (TGA) to collectively negotiate on behalf of its members the terms and conditions of its members’ supply of chicken growing services to Tegel Foods Limited (Tegel).
This provisional authorisation allows TGA to commence collective bargaining while the Commission considers the main application relating to the same conduct. This is the first time the Commission has considered an application for provisional authorisation.
Based on the Commission’s assessment of the evidence available at this time, they consider it appropriate to grant provisional authorisation.
In particular, the Commission considers that the potential benefits of collective negotiation in this case are more likely to outweigh the potential detriments than not.
The benefits of collective negotiation include the potential to reduce transaction costs and reach a more sophisticated agreement.
The Commission says it also considers that allowing this interim arrangement is unlikely to materially affect the market in a permanent way.
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
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