Saturday, 17 September 2016 09:15

$1/L milk not here – yet

Written by 

As Australia's competition watchdog gears up to investigate that country’s dairy crisis, Agriculture Minister Barnaby Joyce has pointed out that New Zealand doesn’t have $1/L milk marketing ploys despite having the same retailers.

But he’s only half-right. Australian retailer Woolworths owns the Countdown chain of supermarkets in NZ. Countdown is locked in fierce competition with the NZ-owned Pak n Save chain. The other Australian player, Coles, doesn’t operate here. And there’s nothing preventing Countdown offering milk at $1/L as does its parent company. Joyce acknowledges cheap milk has hurt dairy farmers for years, a problem now made more harmful by depressed export prices.

Featured

Rural Industry Leaders Event Raises $400,000

New Zealand’s rural sector has once again demonstrated its generosity, with the second Rural Industry Leaders Dinner, Debate and Auction raising an impressive $400,000 for the Rural Support Trust.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Too Lenient

OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…

Fossil Fuel Crusade

OPINION: The global crusade against fossil fuel is gaining momentum in some regions.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter