I, the Hounourable Nathan Guy, Minister for Primary Industries, received the Commerce Commission’s report on the state of competition in the New Zealand dairy industry on 1 March 2016.
Pursuant to section 148(3) of the Dairy Industry Restructuring Act 2001 (“Act”), I hereby give notice that I intend to promote the enactment of legislation that will both:
- reset the market share thresholds in section 147 of the Act; and
- promote the adoption of measures that provide a transition pathway to deregulation of the New Zealand dairy industry.
The Ministry for Primary Industries has released a document discussing options for achieving these aims. I intend to consider feedback from industry and the wider public before making any policy decisions or introducing legislation. A link to the discussion document can be found at
www.mpi.govt.nz/news-and-resources/consultations/
Dated at Wellington this 25th day of May 2016.
Hon NATHAN GUY, Minister for Primary Industries.