Bank closures 'hurting local communities'
Rural Women New Zealand (RWNZ) says access to personal banking services in rural communities is fundamental to promoting outcomes that benefit Kiwi consumers.
LIvestock firms PGG Wrightson, Elders New Zealand (Carrfields) and Rural Livestock are facing claims of price fixing by Commerce Commission.
The commission is the country’s competition regulatory agency. On its website it describes its purpose as, “…enforcing legislation that promotes competition in NZ markets and prohibits misleading and deceptive conduct by traders”.
It claims that the three livestock firms fixed fees charged during the implementation of the NAIT national livestock tagging scheme. Its consumer protection authority is investigating fees charged during the adoption of the scheme.
A spokesman for the commission says it will file proceedings against the three companies and five undisclosed individuals before the end of July.
In a statement to Rural News the commission said: “The commission can confirm that its investigation into alleged price fixing by NZ livestock companies is in its final stages. The commission expects to file proceedings against PGG Wrightson, Elders New Zealand and Rural Livestock Ltd and five individuals by the end of July. We cannot comment further at this time.”
Last week PGG Wrightson advised that the commission believed it had breached the Commerce Act over how it charged fees during the scheme’s implementation.
OPINION: The recent Federated Farmers / Rabobank 2024 Farming Salaries Report revealed strong growth in farm salaries over the past two years.
The low unemployment environment is one of the key factors driving on-farm salaries higher over the past 24 months, says Rabobank general manager for country banking Bruce Weir.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
OPINION: This old mutt well remembers the wailing, whining and gnashing of teeth by former West Coast MP and Labour…
OPINION: Your canine crusader gets a little fed up with the some in media, union hacks, opposition politicians and hard-core…