The Dairy Industry Restructuring Act needs to be changed but the Government wants one more minister on the Milk Price Panel for more transparency.
Fonterra would need to contract a financial institution for the farmer-only share trading market – and do independent analysis of the share price performance for farmer-owners.
The company’s chief financial officer Marc Rivers told Mike Hosking he’s pleased there’s government support, albeit with a few conditions.
He says farmers’ voices were clear in December, with a strong vote for flexible shareholding.
