Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
Fonterra chairman John Wilson says former PM John Key was a great supporter and advocate of the dairy industry.
Fonterra today celebrated the official opening of its new state-of-the-art milk powder dryer at its Lichfield site – the cooperative’s most efficient milk powder dryer to date.
More than 75% of New Zealand’s dairy exports to China are still subject to tariffs the industry thought would by now be cut.
Fonterra directors and shareholder councillors will go without a pay rise for a third straight year.
Fonterra's $6/kgMS forecast is good news considering the tough couple of years endured by its farmers, says chairman John Wilson.
Fonterra has welcomed Prime Minister John Key's announcement at APEC of the launch of China NZ FTA upgrade negotiations.
Fonterra will have at least one new director joining the board at its annual meeting in Darfield next month.
Two long-serving Fonterra farmer directors – Malcolm Bailey and Ian Farrelly –will retire from the Fonterra board at the cooperative’s annual meeting on 8 December.
OPINION: The new government has clearly signalled big cuts across the public service.
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