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October 9, 2025 3 mins

There's been concerns out of Parliament over Fonterra's future.

Peters is asking the dairy giant questions about its proposed nearly $4 billion dollar sale of brands like Anchor and Mainland to a French company.

He's laying out a number of questions, including how long the deal is, and if it's repeating mistakes from the past.

The Country's Hamish McKay explained further.

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Speaker 1 (00:09):
You're listening to a podcast from News talks'd be follow
this and our wide range of podcasts now on iHeartRadio,
The Rural Report on hither do for see Alan Drive.

Speaker 2 (00:21):
A Miss McKay who's hosting the country for Jamie Mackay's
with us. Hello, Hamish, even Heather, Now am I'm very
well thank you. Now see Winston's complaining about this like
elektaali steal or however you pronounce it, and he reckons
there's going to be bonuses for the executives at Fonterra
for stitching the thing together.

Speaker 3 (00:38):
What do you say, Oh, he's come off the long run,
hasn't he? He's dug it. In short, it's a real
bouncer from Winston because this thing looks like it's the
lady on Missia happening. Farmer's going to get half a
million dollars. But this is a bit of a curve
ball about Myles Harrell and the rest of them, and
he's sort of Winston's saying, you know, they're going to
take their big check and bugger off, so to speak,

(00:59):
which you know, I think that would probably raise a
few shackles. I would have thought that one or two
might get a little bit upset about that, but you know,
like and then the other thing I quite liked went
to the saying is said, where's our pride and in
those brands, those Kiwi brands that have been established, And
he's also thoroughly stressed and right, you know, it seems
like it's an eight to ten year deal to provide

(01:19):
the milk, but you know he's wanting to see a
bit more surety around that. So yeah, so they're going
around the meetings at the moment, going around the farmers
and you know, telling them how much they're going to
get and what it all means. But he's just kind
of like, just while it seemed like a done deal,
he's probably just put a little bit of color into
the water that's going under the bridge at the market.

Speaker 2 (01:40):
Very interesting. Now I've got to say thank you to
you because you've literally stepped off a stage to talk
to us.

Speaker 3 (01:45):
Say yeah, yeah, well, I'm just I'm down at Wayaki
Golf Course of the beautiful Waacky Golf Course for It's
a charity fundraiser run by PTS Logistics out of the
Manor with two for Farmstrong and being Mental Health to
win this week gume. Yeah, I'm up on a stage
at the moment with Wallaby coach Joe Smith, Blues coach Burncotta.
I'm up there with Sam Whitelock and everything. But I

(02:07):
said I had a priority and that was you and
everybody in the room. Everybody in the room just lit up.
Ever it was like a tack it to anything that
I could do. And when I said, she'll even let
me mention the event I'm at. You know, I said,
here there is so bloody lovely she and so you know,
so you you know you're up and lights here tonight.

Speaker 2 (02:29):
You know what, it is no surprise to me that
you are married when you with that kind of carry on,
because geez, honestly, I mean talk about buttering up. Hey,
can I just ask you a favorite? Can you find
a cupboard for me and just push Joe Schmidt into
it and lock it.

Speaker 3 (02:45):
He doesn't coach. That's a team to beat us.

Speaker 2 (02:46):
Yeah, I don't want to go back to the Wallabies.
I just want to keep him here kind of like
a hostage.

Speaker 3 (02:51):
We need him because you know, if Raser ends up
doing a day knoles or something, you know, who knows
what the story is there? You know, we need Joe
get right out. I'll keep him. I'll tell him. I'll
tell him that you you said that he has to
coach the All Black Stets. I'm just going to make
it up.

Speaker 2 (03:03):
Oh my goodness, I need to get myself in so
much trouble. Hamish, go and enjoy yourself, Homush the guy
hosting the

Speaker 1 (03:09):
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