March 15, 2026 • 10 mins
Eric Roy says Miles Hurrell is leaving Fonterra in a better situation than when he started as CEO eight years ago.
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Speaker 1 (00:03):
Welcome back. This is the muster. Gerrik Croix joins us next.
He's wore a number of hats over the years. Currently
a counselor with Environment South and he's been an MP.
He's been cheered of the New Zealand pork boardletters, amongst
a pleessor of other titles.
Speaker 2 (00:18):
Good afternoon, Eric, good afternoon, Good to be back.
Speaker 1 (00:22):
You're always good to catch up as we work our
way through an interesting March month and we're trying to
figure out what the hell's happening with these fuel prices.
Speaker 2 (00:32):
Well, yeah, well, I think everybody is really concerned about that,
and I think what's pretty clear now is that the
President of America doesn't think beyond forty eight hours. And
very clearly the Straightfoor moves is going to be a
sticking point. And you just can't bully people whose religious
(00:54):
belief says that be rewarded if they're a martyr, and
bombing also is not that change their minds. So he's
got a problem, and I don't know how he's going
to get out of it. Right now, it looks like
that's still escalating. He's asking for support from other nations.
He's got marines on the way there and it's looking
(01:15):
very very messy. But I think what may well happen
is he'll start to feel the bite when the price
of fuel starts to escalate in America and around the world,
pressure will be put on him to end the fiasco
that he's created there. And it's very very untidy. That's
(01:37):
straight up. Amos is just absolutely critical. As we know
for both fertilizer and fuel and the shipping lane within it,
there's only three kilometers wide, so laying minds, shooting guns
or putting drones into there is not going to be
easy to fix.
Speaker 1 (01:57):
It's very similar to the school yard bully ending money
off you and then asking you to go it as
quiz tine that week, I mean, what are they supposed
to do, like as a care starmer, the UK, the
EU countries, are they supposed to join in?
Speaker 2 (02:12):
Well? Yeah, for what was this World War III? What's
likely to happen here? And as I say, look, it
was just very well, very very much ill considered the
way the whole thing's gone, and very clearly this was
going to be the issue. And in a way, you know,
the way in which wars are often fought now is
(02:36):
to just create some disturbance in the country in the
same way that Venezuela was pedling drugs into America sponsored
by China and Russia, and Trump would have stopped to that.
But this is now going to be fuel prices, and
that's the way the war is going to be fought.
And so it's to just turn people against Trump. And
(02:56):
there'll be a lot of effort by the Iranians to
keep that guy as long as they possibly can, and
casual piece will not be an initial for a ragme
like they run in Iran.
Speaker 1 (03:08):
Well, if China gets involved, that's a game changer.
Speaker 2 (03:12):
Well it is. And so you know, there's all sorts
of stories out there now about Russia feeding information or
intelligence into Iran so that they can continue to be
thorn in the side of America and then getting rewarded
now because we need their oil. It's just a complete
(03:33):
tiasco and a terrible mess.
Speaker 1 (03:35):
Do you think this will be over sooner than later?
Or is it a case of how long is a
piece of strength?
Speaker 2 (03:39):
Oh? Look, I don't know enough about it to make
a comment on how long it's going to go. But
at the moment it's still escalating and there needs to
be some effort put into saying how can we now
fix this mess? In short of that, it could go
for quite a while because while it's still escalating, Iran
(04:00):
to keep the pressure on that straight and they know
that they've got a significant thawn in the side. Not
only America, but the rest of the world in Europe
and other countries are going to start and put pressure
on America as well.
Speaker 1 (04:14):
I would guess on the local FRONTIERIC what is has
announced a few closures regarding factories and that this is sad,
but this is purely just a financial decision.
Speaker 2 (04:22):
I suppose, well it is, and I mean it sort
of signifies the number of things. The first thing is
that this huge pressure on the cost of living. And
I have a saying which I might have used on
your show before, that a shoper going into a supermarket
goes in as an environmentalist that comes out as an economist.
(04:43):
The pressure is when they're in there and what they
can buy to feed their family overrides everything else. And
we are now in a place where the supermarkets are
sourcing product at the cheapest price they can get. It
might be the best, but the dollar is king. When
people have a limited budget to spend on these things,
and these A lot of the imported products come from
(05:08):
areas where there is a much cheaper regime to produce it.
They have less lesser standards environmentally or labor or whatever else,
and they just are able to produce a product much
cheaper than we can produce it in New Zealand. And
New Zealand sold off at Cheer or what he sold
off at Cheers some time ago to an international company,
(05:31):
and if they can't make it work in New Zealand,
well I'll bring it in from somewhere else. And that's
just the reality of the world we now live in.
And it's a harsh place, but it is the reality
of where we're at.
Speaker 1 (05:44):
Well that's a great saying, Erica. We can't understate that
a consumer walks and environmentalist walks out an economist. And
I mean this is pretty much a case when I've
got my groceries coming back from wine Ocare on Saturday,
and the fact lies at supermarkets outside of our local town,
I reckon they're about five to six percent cheaper on
a two hundred dollars shop.
Speaker 2 (06:04):
Well, you could be right, But the other thing is
that that disconfuses us is the messiness of what has
actually branded New Zealand product. So if you actually can
afford to buy New Zealand, then you want to buy
in New Zealand. The signage that's on those products are
very very confusing, and you will be aware of my
(06:24):
time with New Zealand pork and trying to get New
Zealand pork branded and the fiasco that we came up
with the David Clark solution when he was Minister of
Consumer Affairs or whatever it was, putting the regulations in
place that you get a list of products of New
Zealand and twenty five other countries and the only thing
that might be New Zealand might be the packaging in
(06:46):
the water, who knows. And so that needs to be
tidied up as well, so that if you do have
the resources to buy New Zealand and you want to
buy New Zealand, there alta be a clear way which
you can choose that product.
Speaker 1 (07:01):
Well, that takes us back to the early nineties, by
New Zealand made and the logo was out there everywhere
to be seen. Do we need to go back to
that era?
Speaker 2 (07:09):
Well it is, but today where we have products imported
from a number of countries to make components of something
like a pickled pork or a salami or something. You
could have a number of products, and I kind of
like the Australian system where they just have a thermometers
kind of thing on the side of the packaging which
(07:32):
shows how much is Australian product by volume or by value,
and we need to go to something like that. I
think that just simplifies it and that will give a
better indication. Then just here's a product with twenty five
different components in it.
Speaker 1 (07:49):
Just finally, Miles Harrah, he said eight years as the
bus of Fonterra, and I think he's done a really
good job. You're no doubt agree.
Speaker 2 (07:57):
Oh look, he's put billions of dollars to the New
Zealand economy and he came from within the industry. I
think I'm reading this morning he speak twenty nine years
associated with the dairy industry and he runs in this
blood and he's done a great job. The standard probably
didn't have to be high after the previous one. I
(08:18):
think Tays Bearings never really served the industry as well
as he could have. And Mars Miles Hurell, he's done
a great job. Just identifying where the strengths of the
industry are and making sure that the product is going
for them in the best way to the best markets
that he can. And you know the beneficiary is New
(08:41):
Zealand as a whole in the dairy industry has done
very well out of him.
Speaker 1 (08:45):
I'll just get your comment on this very quickly as well.
Political poll is that one that came out ten days ago?
Is this null and voided your opinion or it's a
case of internal polling maybe following suit.
Speaker 2 (08:56):
Look, I think there's a number of journalists that are
trying to create the news. You just look at the
last week the story about well this morning Audrey Young
writing about who could take over from Luxon theres know
there's no one doing the numbers at the moment, and
then the story out of some o that Luson asked
(09:19):
for her title and all of that stuff. Look, I
thought by now that the public, the wider public would
be starting to see through the media, but for some
reason they haven't. And Michael Lalways wrote an article which
I read over the weekend saying Luxon just needs to
realize that the media are not going to like him,
(09:40):
and he just needs to forget about them and move on.
And for me, Luxon mightn't be the greatest articulate speaker
that we've ever had as a Prime minister, but when
we've got a fuel shortage, coming a man with his
commercial knowledge and experience driving some solutions that are going
to get us through what might be quite a crisis.
(10:01):
There is a long way better than flesh harries that
stood up during COVID and told us a load of
rubbish on the portpit of Truth every jolly day. And
I just think it's time we got on and had
people that can do the business here here.
Speaker 1 (10:13):
Eric Croid, nothing wrong with a bit of common sense
on a Monday afternoon. Always appreciate your time, Thank you,
good luck, Eric Croy, preach just what Eric said. Then
from the podium of truth. Do we go back to
that era which we're not going to. We are going
to window next day. Catching up of Ben Dowey, Cheap
Beef and YouTube Farmer
Welcome back. This is the muster. Gerrik Croix joins us next.
He's wore a number of hats over the years. Currently
a counselor with Environment South and he's been an MP.
He's been cheered of the New Zealand pork boardletters, amongst
a pleessor of other titles.
Speaker 2 (00:18):
Good afternoon, Eric, good afternoon, Good to be back.
Speaker 1 (00:22):
You're always good to catch up as we work our
way through an interesting March month and we're trying to
figure out what the hell's happening with these fuel prices.
Speaker 2 (00:32):
Well, yeah, well, I think everybody is really concerned about that,
and I think what's pretty clear now is that the
President of America doesn't think beyond forty eight hours. And
very clearly the Straightfoor moves is going to be a
sticking point. And you just can't bully people whose religious
(00:54):
belief says that be rewarded if they're a martyr, and
bombing also is not that change their minds. So he's
got a problem, and I don't know how he's going
to get out of it. Right now, it looks like
that's still escalating. He's asking for support from other nations.
He's got marines on the way there and it's looking
(01:15):
very very messy. But I think what may well happen
is he'll start to feel the bite when the price
of fuel starts to escalate in America and around the world,
pressure will be put on him to end the fiasco
that he's created there. And it's very very untidy. That's
(01:37):
straight up. Amos is just absolutely critical. As we know
for both fertilizer and fuel and the shipping lane within it,
there's only three kilometers wide, so laying minds, shooting guns
or putting drones into there is not going to be
easy to fix.
Speaker 1 (01:57):
It's very similar to the school yard bully ending money
off you and then asking you to go it as
quiz tine that week, I mean, what are they supposed
to do, like as a care starmer, the UK, the
EU countries, are they supposed to join in?
Speaker 2 (02:12):
Well? Yeah, for what was this World War III? What's
likely to happen here? And as I say, look, it
was just very well, very very much ill considered the
way the whole thing's gone, and very clearly this was
going to be the issue. And in a way, you know,
the way in which wars are often fought now is
(02:36):
to just create some disturbance in the country in the
same way that Venezuela was pedling drugs into America sponsored
by China and Russia, and Trump would have stopped to that.
But this is now going to be fuel prices, and
that's the way the war is going to be fought.
And so it's to just turn people against Trump. And
(02:56):
there'll be a lot of effort by the Iranians to
keep that guy as long as they possibly can, and
casual piece will not be an initial for a ragme
like they run in Iran.
Speaker 1 (03:08):
Well, if China gets involved, that's a game changer.
Speaker 2 (03:12):
Well it is. And so you know, there's all sorts
of stories out there now about Russia feeding information or
intelligence into Iran so that they can continue to be
thorn in the side of America and then getting rewarded
now because we need their oil. It's just a complete
(03:33):
tiasco and a terrible mess.
Speaker 1 (03:35):
Do you think this will be over sooner than later?
Or is it a case of how long is a
piece of strength?
Speaker 2 (03:39):
Oh? Look, I don't know enough about it to make
a comment on how long it's going to go. But
at the moment it's still escalating and there needs to
be some effort put into saying how can we now
fix this mess? In short of that, it could go
for quite a while because while it's still escalating, Iran
(04:00):
to keep the pressure on that straight and they know
that they've got a significant thawn in the side. Not
only America, but the rest of the world in Europe
and other countries are going to start and put pressure
on America as well.
Speaker 1 (04:14):
I would guess on the local FRONTIERIC what is has
announced a few closures regarding factories and that this is sad,
but this is purely just a financial decision.
Speaker 2 (04:22):
I suppose, well it is, and I mean it sort
of signifies the number of things. The first thing is
that this huge pressure on the cost of living. And
I have a saying which I might have used on
your show before, that a shoper going into a supermarket
goes in as an environmentalist that comes out as an economist.
(04:43):
The pressure is when they're in there and what they
can buy to feed their family overrides everything else. And
we are now in a place where the supermarkets are
sourcing product at the cheapest price they can get. It
might be the best, but the dollar is king. When
people have a limited budget to spend on these things,
and these A lot of the imported products come from
(05:08):
areas where there is a much cheaper regime to produce it.
They have less lesser standards environmentally or labor or whatever else,
and they just are able to produce a product much
cheaper than we can produce it in New Zealand. And
New Zealand sold off at Cheer or what he sold
off at Cheers some time ago to an international company,
(05:31):
and if they can't make it work in New Zealand,
well I'll bring it in from somewhere else. And that's
just the reality of the world we now live in.
And it's a harsh place, but it is the reality
of where we're at.
Speaker 1 (05:44):
Well that's a great saying, Erica. We can't understate that
a consumer walks and environmentalist walks out an economist. And
I mean this is pretty much a case when I've
got my groceries coming back from wine Ocare on Saturday,
and the fact lies at supermarkets outside of our local town,
I reckon they're about five to six percent cheaper on
a two hundred dollars shop.
Speaker 2 (06:04):
Well, you could be right, But the other thing is
that that disconfuses us is the messiness of what has
actually branded New Zealand product. So if you actually can
afford to buy New Zealand, then you want to buy
in New Zealand. The signage that's on those products are
very very confusing, and you will be aware of my
(06:24):
time with New Zealand pork and trying to get New
Zealand pork branded and the fiasco that we came up
with the David Clark solution when he was Minister of
Consumer Affairs or whatever it was, putting the regulations in
place that you get a list of products of New
Zealand and twenty five other countries and the only thing
that might be New Zealand might be the packaging in
(06:46):
the water, who knows. And so that needs to be
tidied up as well, so that if you do have
the resources to buy New Zealand and you want to
buy New Zealand, there alta be a clear way which
you can choose that product.
Speaker 1 (07:01):
Well, that takes us back to the early nineties, by
New Zealand made and the logo was out there everywhere
to be seen. Do we need to go back to
that era?
Speaker 2 (07:09):
Well it is, but today where we have products imported
from a number of countries to make components of something
like a pickled pork or a salami or something. You
could have a number of products, and I kind of
like the Australian system where they just have a thermometers
kind of thing on the side of the packaging which
(07:32):
shows how much is Australian product by volume or by value,
and we need to go to something like that. I
think that just simplifies it and that will give a
better indication. Then just here's a product with twenty five
different components in it.
Speaker 1 (07:49):
Just finally, Miles Harrah, he said eight years as the
bus of Fonterra, and I think he's done a really
good job. You're no doubt agree.
Speaker 2 (07:57):
Oh look, he's put billions of dollars to the New
Zealand economy and he came from within the industry. I
think I'm reading this morning he speak twenty nine years
associated with the dairy industry and he runs in this
blood and he's done a great job. The standard probably
didn't have to be high after the previous one. I
(08:18):
think Tays Bearings never really served the industry as well
as he could have. And Mars Miles Hurell, he's done
a great job. Just identifying where the strengths of the
industry are and making sure that the product is going
for them in the best way to the best markets
that he can. And you know the beneficiary is New
(08:41):
Zealand as a whole in the dairy industry has done
very well out of him.
Speaker 1 (08:45):
I'll just get your comment on this very quickly as well.
Political poll is that one that came out ten days ago?
Is this null and voided your opinion or it's a
case of internal polling maybe following suit.
Speaker 2 (08:56):
Look, I think there's a number of journalists that are
trying to create the news. You just look at the
last week the story about well this morning Audrey Young
writing about who could take over from Luxon theres know
there's no one doing the numbers at the moment, and
then the story out of some o that Luson asked
(09:19):
for her title and all of that stuff. Look, I
thought by now that the public, the wider public would
be starting to see through the media, but for some
reason they haven't. And Michael Lalways wrote an article which
I read over the weekend saying Luxon just needs to
realize that the media are not going to like him,
(09:40):
and he just needs to forget about them and move on.
And for me, Luxon mightn't be the greatest articulate speaker
that we've ever had as a Prime minister, but when
we've got a fuel shortage, coming a man with his
commercial knowledge and experience driving some solutions that are going
to get us through what might be quite a crisis.
(10:01):
There is a long way better than flesh harries that
stood up during COVID and told us a load of
rubbish on the portpit of Truth every jolly day. And
I just think it's time we got on and had
people that can do the business here here.
Speaker 1 (10:13):
Eric Croid, nothing wrong with a bit of common sense
on a Monday afternoon. Always appreciate your time, Thank you,
good luck, Eric Croy, preach just what Eric said. Then
from the podium of truth. Do we go back to
that era which we're not going to. We are going
to window next day. Catching up of Ben Dowey, Cheap
Beef and YouTube Farmer
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