GDT results have taken a sharp dive - down 4.3 per cent.

Whole milk powder - which more or less dictates Fonterra's farmgate milk price - is down 8 per cent.

It's all painting a fairly bleak outlook for farmers..

Wayne Langford, Federated Farmers National president, joined Early Edition to discuss the impact of the figures.

LISTEN ABOVE

GDT results have taken a sharp dive - down 4.3 per cent.
Whole milk powder - which more or less dictates Fonterra's farmgate milk price - is down 8 per cent.
It's all painting a fairly bleak outlook for farmers..
Wayne Langford, Federated Farmers National president, joined Early Edition to discuss the impact of the figures.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Wayne Langford: Federated Farmers National president talks GDT results, whole milk powder price decrease

The Government books were opened up last week, and they unveil a somewhat more promising outlook ahead of the election.

The Pre-election Economic and Fiscal Update shows the planned 2028/29 surplus - will be nearly $2 billion dollars bigger than forecast, and the Crown will borrow less. 

Political commentator Brigitte Morton says the focus is now on Labour to respond to this with their own announcements and financial updates - including their pay equity plan. 

LISTEN ABOVE

The Government books were opened up last week, and they unveil a somewhat more promising outlook ahead of the election.
The Pre-election Economic and Fiscal Update shows the planned 2028/29 surplus - will be nearly $2 billion dollars bigger than forecast, and the Crown will borrow less.&nbsp;
Political commentator Brigitte Morton says the focus is now on Labour to respond to this with their own announcements and financial updates - including their pay equity plan.&nbsp;
LISTEN ABOVE

Brigitte Morton: political commentator on how the recent PREFU figures impacted the election campaign

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5bb9b9ea-03e6-43c3-bb52-b4d8016efbbb/transcript

Last week, Australia's ban on credit and debit card surcharges took effect, and it's sparked debate as to whether we should follow suit.

National expressed interest in implementing a similar rule with the Retail Payment System (Ban on Merchant Surcharges) Amendment Bill, but it appears to have stalled following backlash. 

Retail NZ CEO Carolyn Young says this ban led to Australian businesses increasing prices - and it's likely Kiwi businesses will have to do the same if these changes were made. 

"In such a tight environment, everyone's struggling - consumers are struggling, businesses are struggling - that 2 percent or 2 and a half percent or 3 percent can make a difference around whether a business survives or doesn't survive." 

LISTEN ABOVE

Last week, Australia's ban on credit and debit card surcharges took effect, and it's sparked debate as to whether we should follow suit.
National expressed interest in implementing a similar rule with the Retail Payment System (Ban on Merchant Surcharges) Amendment Bill, but it appears to have stalled following backlash.&nbsp;
Retail NZ CEO Carolyn Young says this ban led to Australian businesses increasing prices - and it's likely Kiwi businesses will have to do the same if these changes were made.&nbsp;
"In such a tight environment, everyone's struggling - consumers are struggling, businesses are struggling - that 2 percent or 2 and a half percent or 3 percent can make a difference around whether a business survives or doesn't survive."&nbsp;
LISTEN ABOVE

Carolyn Young: Retail NZ CEO on Australia banning card surcharges

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cefcc792-e673-46bb-8b47-b4d8016bf4fa/transcript

National and NZ First have expressed interest in pulling apart Foodstuffs, and the company is looking to fight back.

Foodstuffs recently commissioned consultancy firm Houston Kemp to review the Government-ordered cost-benefit analysis of making the split - with the review claiming the earlier conclusions were 'too good to be true'.

Houston Kemp founding director Greg Houston says the recipe of lower prices, higher costs and wiping out profits doesn't seem 'plausible.'

LISTEN ABOVE

National and NZ First have expressed interest in pulling apart Foodstuffs, and the company is looking to fight back.
Foodstuffs recently commissioned consultancy firm Houston Kemp to review the Government-ordered cost-benefit analysis of making the split - with the review claiming the earlier conclusions were 'too good to be true'.
Houston Kemp founding director Greg Houston says the recipe of lower prices, higher costs and wiping out profits doesn't seem 'plausible.'
LISTEN ABOVE

Greg Houston: Houston Kemp founding director on Foodstuffs stepping up efforts to stop National potentially breaking them up

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9eb360cf-dc0c-40c6-987f-b4d600723ceb/transcript

Wayne Langford: Federated Farmers National president talks GDT results, whole milk powder price decrease

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