What’s happening at KNZ
Collaborative Marketing Results 2017-18
Regulation 15 of the Kiwifruit Export Regulations 1999 requires KNZ, to disclose publicly within three months of the end of season;
- the identity of each CM approval holder
- the volume marketed by each approval holder
- the financial information to enable an assessment to be made, if the net returns for each arrangement were greater than if the arrangement had not been approved.
This information is contained in a report located here: 2017-18 Collaborative Marketing Results (Reg. 15)
2017-18 Financial Statements and Auditor Report
Regulation 40 of the Kiwifruit Export Regulations 1999, requires KNZ to prepare financial statements that comply with generally accepted accounting practice, have them audited by a qualified auditor, signed by the Board and disclose publicly, within three months after the end of the financial year.
KNZ has complied with this regulation and the statements can be found here: 2017/18 Financial Statements and Auditors Report
There are two areas of variance compared to previous years;
- the Regulations were amended from 1 August 2017, and the KNZ Board was increased from five to six members.
- the expenses relating to collaborative marketing activities were reviewed and amended to reflect the time and costs associated with collaborative marketing for the 2017-18 year.
Statement of Intent
The Kiwifruit New Zealand Board (KNZ) performs a unique role in the New Zealand kiwifruit industry. It is the independent statutory body tasked with ensuring there is a balance to the benefits of the Zespri single desk structure and the risks it brings by implementing mitigation measures.
In 2017 a substantial review of the regulations was undertaken by the Ministry of Primary Industries (MPI) to take into account the rapid growth and development of the industry, and included careful consideration of the Kiwifruit Industry Strategic Plan (KISP) process and report. From this review the Regulations were amended in a number of areas, including the requirement for KNZ to provide a Statement of Intent every 3 years.
This first Statement of Intent marks an important shift to position KNZ to carry out its functions in a more transparent, accountable, and measured manner. It is an excellent opportunity to share our strategic goals and initiatives for the next 3 years, and we hope this document will provide all interested parties a better understanding of KNZ’s role in the industry.
To view the Statement of Intent, please click here.