Wednesday, 07 April 2021 11:30

Lost touch?

Written by  The Hound

OPINION: Your canine crusader was impressed to see that Beef + Lamb levypayers gave their farmer organisation a strong message at last month's annual meeting when they rejected the board's move for a big jump in director fees.

Farmers were so enraged by the move that they not only rejected the fee hike, but also voted out one director and just re-elected the other incumbent by a very slim margin.

However, despite all of this, BLNZ chair Andrew Morrison still had the chutzpah to say that the board "stood by its decision" to propose the big increase in director fees.

This old mate wonders if Morrison's off-farm life as a company director - as he is also a director of fertiliser co-op Ballance - and the $175,000-plus he pulls in annual remuneration between BLNZ and Ballance alone is putting him out-of-touch with the economic realities that farmers are currently facing?

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The Hound

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