fbpx
Print this page
Tuesday, 19 February 2019 11:18

More bad news?

Written by 

A mate of the Hound reckons that Fonterra’ directors may finally be coming to grips with just how bad its Chinese investments have been for its farmer shareholders.

Your canine crusader’s informant claims to have innocently sat recently near a couple of stressed co-op directors in the Air NZ Koru lounge. They were deep in discussion about the co-op’s investment ‘dog’ in China, and were poring over meeting papers on the subject.

This old mutt’s informant says his ears pricked up when the directors’ hushed voices rose sharply as they added up the cost of the disastrous investments. He says Fonterra shareholders should brace themselves for more bad news very soon.

Featured

Massey University Wiltshire trial draws growing farmer interest

Farmer interest continues to grow as a Massey University research project to determine the benefits or otherwise of the self-shedding Wiltshire sheep is underway. The project is five years in and has two more years to go. It was done mainly in the light of low wool prices and the cost of shearing. Peter Burke recently went along to the annual field day held Massey's Riverside farm in the Wairarapa.

Rural health programme inspires new optometry graduate

Grace Su, a recent optometry graduate from the University of Auckland, is moving to Tauranga to start work in a practice where she worked while participating in the university's Rural Health Interprofessional Programme (RHIP).

National

India FTA negotiations end

A landmark moment for New Zealand. That's how  Prime Minister Christopher Luxon describes the conclusion of negotiations for an India-New…

Machinery & Products