Commerce Commission files proceedings against Westpac
The Commerce Commission has announced that it has filed proceedings against Westpac New Zealand.
The Hound hears that a Christchurch ambulance chaser (lawyer) is trying to put together a group action against the livestock firms tied up in a Commerce Commission case over the NAIT scheme.
Your old mate understands the said lawyer is interested in bringing a group representative action to recover a proportion of the fees overcharged to farmers as a result of the unlawful agreements between the firms and parties involved. The case relates to complaints about livestock firms overcharging for ear tags and collection of fees for entry into the NAIT system. The Hound understands an application has already been made to the High Court at Auckland for access to the court's file on the case. Watch this space.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.
There was much theatre in the Beehive before the Government's new Resource Management Act (RMA) reform bills were introduced into Parliament last week.