Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
One of the architects of Fonterra says he’s very disappointed with the co-op’s performance over the years.
Tirau farmer, Tony Wilding says farmers expected better when they formed the co-op in 2001.
“It’s not the performance we had in mind when we formed Fonterra,” he told Rural News.
Wilding received a New Zealand Order of Merit in the New Year’s honours list for his contribution to the dairy sector and community.
Read: Dairy leader’s award richly deserved.
He was part of the negotiation team that merged Kiwi Cooperative Dairies and New Zealand Dairy Group, with the New Zealand Dairy Board to form Fonterra.
Tony Wilding. |
With the negotiations tying up then NZDG chairman Henry van der Heyden and his deputy John Roadley for months, Wilding stepped up to serve as NZDG’s acting deputy chair. Despite his criticism Wilding fully supports Fonterra, pointing out he’s happy with the shift in strategy.
Wilding is also happy that “the days of hiring high-flying overseas CEO” are over.
He fully supports the appointment of New Zealander Miles Hurrell as chief executive last year.
“There is nothing wrong with us, Kiwis”.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.