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The Government's $9.9 million loan to Westland Milk is raising eyebrows.
Some on social media are calling it a Government bailout for a struggling dairy co-op.
The taxpayer-funded loan will help Westland construct $22m plant for specialty products.
One prominent finance commentator says the deal smells bad and wants more details to be made public. He tweeted “Looks like the taxpayer is now a bank.”
OPINION: This is my last article as Chief Executive, so I thought I’d take the opportunity to talk about three recurring issues which I have seen over the years, and which are almost certain to be issues in the future.
Westgold butter has been named New Zealand's tastiest in a blind tasting conducted by Consumer New Zealand.
Yili's New Zealand businesses have reported record profits following a major organisational and strategic transformation.
Former Fonterra executive Alex Turnbull has been appointed CEO to lead all five Yili Oceania Business Division companies in New Zealand.
OPINION: Westland Milk may have won the contract to supply butter to Costco NZ but Open Country Dairy is having the last laugh when it comes to cashing in on NZ grass-fed butter.
As dairy farmers lock in plans for the upcoming mating season, a partnership between Fonterra and Silver Fern Farms has been formed with the aim of making it simpler to create additional value from calves not entering the replacement herd.
Farmers can now get a more reliable view of pasture covers across their farm, thanks to a combination of three data sources.
A warning to dairy farmers not to expect the same good conditions that they experienced last season, has been issued by a leading farm consultant.
South Waikato farmer Bas Nelis is always interested in fine-tuning his business to improve results.
On a farm in Tikorangi, North Taranaki, Brent Stevenson is sharemilking 1,400 cows.
Associate Agriculture Minister Mark Patterson says his party – NZ First - isn’t opposed to the “trade element” of a free trade deal with India.
OPINION: The Green Party’s rivers and oceans policy may have a new name but nothing else has changed.
OPINION: Staying on Plan Change 1, NZ First deputy leader Shane Jones took to social media to gain some political…
