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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.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.
