All animals are equal but some are more equal than others!
Our largest company, Fonterra, is an international company when it suits it. Despite being the world's most efficient dairy company (so we are told) it charges us Kiwis international prices for its products (butter $6 for 500g, up 40 per cent recently). It pays its CEO on a world scale (the average of 24 similar CEOs of companies in Austalia). The CEO's weekly pay is the equivalent of 160 average- waged Kiwis. Fonterra's drivers' hourly rate is 52 per cent of the average truck driver in Australia.
A company policy that rewards those who set it and shafts the workers and the Kiwi customers, who have no viable alternatives.
P Dolden, Papamoa.
2 comments
Butter Ripoff!
Posted on 08-10-2017 06:24 | By leighmac
The price of Butter @ Tesco's UK is $3.50 last week, You guessed right, it's NZ Anchor brand. Figure that one because I can't. A ripped off Kiwi. Are we the only ones paying the 8 million+ wage bill????
Sad to say not so leighmac...........
Posted on 08-10-2017 09:28 | By groutby
........I initially was disappointed by your comment re. Anchor pricing in UK, and wondered why such an 'iconic' NZ brand could be sold at such low prices (by our expectations anyway). Aria Foods in UK ( a farmer owned co-operative, sound familiar?) actually appear to own the Anchor name, and even though we 'assume' it is a new Zealand product being exported and sold there, it isn't the case it seems. So since 2012 they have been making butter under the Anchor brand with UK cream, one major retailer...yup Tesco. Things may just not be the way it seems perhaps...
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