Fonterra acknowledges the release today of the Government’s options paper on the review of the Dairy Industry Restructuring Act.
The Act is a complex piece of legislation and it’s important to New Zealand that the review is thorough.
We recognise the significant work that the Ministry for Primary Industries and Minister O’Connor have put into the document and we appreciate their high degree of engagement with industry so far.
We will now consider the document, then discuss with our farmers the impact the options may have on their families and businesses.
Ultimately, we all want the same thing – a prosperous and sustainable dairy industry for New Zealand.
We look forward to working with the Government as it moves towards updating the legislation.