Nicola Willis is defending her decision to seek answers from Fonterra about its prices. 

The price of butter has almost doubled in the past 14 months because Asia is demanding more, and Europe is producing less. 

Fonterra is ruling out selling butter to New Zealanders at a lower price than it makes overseas. 

But Willis told Mike Hosking she has no regrets about raising the issue with the dairy co-op in the first place. 

She says she can't dismiss an issue lots of New Zealanders are talking about. 

LISTEN ABOVE 

Nicola Willis is defending her decision to seek answers from Fonterra about its prices.&nbsp;
The price of butter has almost doubled in the past 14 months because Asia is demanding more, and Europe is producing less.&nbsp;
Fonterra is ruling out selling butter to New Zealanders at a lower price than it makes overseas.&nbsp;
But Willis told Mike Hosking she has no regrets about raising the issue with the dairy co-op in the first place.&nbsp;
She says she can't dismiss an issue lots of New Zealanders are talking about.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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Nicola Willis: Finance Minister on the meeting with Fonterra over butter prices

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5bdbeb28-0616-4b64-9399-b324014826a0/transcript