'There Are Two Ways You Can Look at This': David Seymour on the Upside of Costly Butter
NEW ZEALAND, JUL 21 – Butter prices in New Zealand have risen 120% over the past decade, with Finance Minister Nicola Willis questioning Fonterra about retail and wholesale cost factors.
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Willis wants answers over high butter price
The price of a block of butter is now 120% higher than it was a decade ago, according to Stats NZ. Photo: Getty Images Finance Minister Nicola Willis will be asking dairy giant Fonterra about the high retail price of butter in New Zealand.
‘No getting away from high butter prices’
Reading Time: 2 minutes By Giles Dexter of RNZ The Finance Minister does not believe New Zealanders are getting a “raw deal” on butter, but has accepted there is no getting away from how expensive it is right now. Nicola Willis met with Fonterra’s chief executive Miles Hurrell at Parliament on Tuesday evening. While the two meet regularly, there was increased interest in the meeting due to the current price of butter. Willis had earlier said it …
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