increase font size
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.
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
Meat Industry Association data, released alongside the Red Meat Sector conference in Wellington, shows export value climbing across the US, China, UK and Canada.
Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.
The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.
Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
