The New Zealand Meat Board continues to manage around $77 million of reserves, with $57.5 million of this sum set aside for use in an industry crisis. The remaining monies held in reserves are available for industry good projects.
The Reserves Policy is reviewed on an annual basis with 2018 consultation now closed. Review of the consultation material is underway and further updates will be available in due course.
The currect Policy with markups identifying consultation material can be read here.