Peters: ’Heads should roll’ at Fonterra

Deputy Prime Minister and New Zealand First leader Winston Peters has also got stuck into the Fonterra leadership. Photo: File.

New Zealand First leader Winston Peters has swung in behind his MP Shane Jones, joining him in savaging Fonterra and its chairperson.

Mr Jones - who is Regional Development Minister - yesterday attacked the dairy giant, saying it needed to be restructured and its chair should "catch the next cab out of town".

Mr Peters defended the comments and said "heads should roll" at Fonterra.

"It goes to the top and the buck stops there," he said.

"I can't believe somebody responsible would be in the job still."

In March, the dairy cooperative announced its first ever loss, of $348 million for the six months to September.

"A massive hundreds of hundreds of millions of dollars loss needs an explanation ... there needs to be some accountability," Mr Peters said.

At Parliament, Mr Jones told reporters he stood by his criticisms which he said he made in his personal capacity.

"From time to time in MMP coalition government, a robust NZ First politician such as myself should be entitled to serve notice on these corporate aristocrats at Fonterra."

Shane Jones. Photo: RNZ/Dan Cook.

Speaking at Fieldays in Hamilton, Prime Minister Jacinda Ardern endeavoured to distance the government from Mr Jones' comments.

"Ministers share personal opinions all of the time, but what I'm making clear here is was he said is not government policy ... end of story."

Ms Ardern said she would not be disciplining Mr Jones as he made clear his comments were his own opinion.

The attack on Fonterra comes just a few months after Mr Jones was told off by Ms Ardern for launching an extraordinary attack on Air New Zealand.

National economic development spokesperson Paul Goldsmith said NZ First was in "open defiance" of the Prime Minister.

"The last time Shane Jones got on his high horse and started attacking business leaders she said that that was a step too far.

"Now he's done it again - and instead of saying 'that's your second strike', she's saying, 'oh it's a personal opinion'."

Mr Goldsmith said the excuse was "weasel-words".

"He is a minister of economic development, talking about New Zealand businesses ... he's not entitled actually to a personal opinion. He's the minister."

The Prime Minister's weak response proved she could not control the NZ First Ministers, Mr Goldsmith said.

"The government has no coherence and internal discipline."


What was

Posted on 16-06-2018 11:12 | By Merlin

What was that salary $8.1 million I think.Absolutely disgusting.And the price of milk?


Posted on 15-06-2018 17:49 | By maildrop

$348m loss! What, was the CEO in a hotel room watching porn on company time?

More lactose anyone?

Posted on 15-06-2018 08:37 | By backofthequeue

Astronomical salaries at Fonterra are one thing but what leaves me dumbstruck is the acceptance by consumers of the process of standardising milk whereby it is broken down into its component parts and then put back together with the addition of extra permeate. This watering down of the product, which also increases the lactose content, is just as questionable as their corporate governance.

Leave a Comment

You must be logged in to make a comment. Login Now