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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 (00:01):
The Rural Report on Heather do for see.

Speaker 2 (00:04):
Alan Dreve Amus McKay who's hosting the country for Jamie
McKay's with us.

Speaker 1 (00:08):
Hello, Hamish, even Heather.

Speaker 2 (00:11):
Now I'm very well, thank you. Now see Winston's complaining
about this like Electali 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 1 (00:21):
What do you say, Well, 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 is going to get half
a million dollars. But this is a bit of a
curve ball about Miles Hurrell 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,

(00:42):
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 like well
went to the saying is you know where's our pride
in our in those brands, those Kiwi brands that have
been established. And he's also thoroughly stressed and right. You know,
it's seems like it's an eight to ten year deal
to provide the milk, but you know he's wanting to

(01:05):
see a bit more shorty 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 morment.

Speaker 2 (01:23):
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 1 (01:28):
Say yeah, yeah, well, I'm just I'm down at Wayaki
golf Course of the beautiful Warecky 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 Yes, I'm off 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

(01:51):
said I had a priority and that was you and
everybody in the room. Everybody in the room just lit up.
Ye 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 there, you know, I said,
here there is so bloody lovely she and so you know,
so you you know you're upper right here tonight.

Speaker 2 (02:12):
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 1 (02:28):
No, he doesn't coach. That's the team to beat us.

Speaker 2 (02:30):
Yeah, I don't want to go back to the Wallabies.
I just want to keep him here kind of like
a hostage.

Speaker 1 (02:34):
We need him because you know, if Raser ends up
doing a day Knowles 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 sets. I'm just going to make
it up.

Speaker 2 (02:46):
Oh my goodness, I need to get myself in so
much trouble, Hamish, Go and enjoy yourself, Hamish, but guy
hosting the country.

Speaker 1 (02:52):
For more from Heather Duplessy Allen Drave, listen live to
news Talks it'd be from four pm weekdays, or follow
the podcast on iHeartRadio.
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