Fonterra’s exit from Australia ‘a major event’
Fonterra’s impending exit from the Australian dairy industry is a major event but the story doesn’t change too much for farmers.
Apparently, after relocating its head office from Wellington to the third and fourth floors of a central Hamilton building, it was suggested synthetic carpet squares would be more appropriate because rolls of carpet were too big to lift.
However, Rabobank chief executive Todd Charteris, recognising it would be a bad look, wasn't having a bar of it.
In fact, he was so determined to have wool carpet he arranged for it to be craned in.
Rabobank sourced 3000kg of wool from three of its clients to be woven into the carpet.
It's good to see a major rural service company backing the industry.
Good work Rabobank!
