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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.
OPINION: The time has come for the Government to back the organic sector.
Plan ahead and be patient. That’s the message to farmers and horticulturalists from the chairman of the NZ Agricultural Aviation Association, Kent Weir.
The industry is crying out for graduates with agricultural related degrees.
While GPS and guidance have become the norm and yield mapping and variable application continues to gain traction, most agricultural machinery manufacturers continue to expand their technology offerings, amalgamating the vast amounts of data being collected to streamline real-time and ongoing management decisions.
Supply chain problems, growing protectionism and a move to greater food security are some of the key challenges facing New Zealand exporters, according to our top trade negotiator, Vangelis Vitalis.
A spat within the ranks of the New Zealand Deer Farmers Association has resulted in the suspension of outspoken North Canterbury farmer Barry Cuttance.
