Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
OPINION: The Hound would have thought - with the end of all the Covid regulations earlier this month - it would see public entities no longer using the restrictions to limit media access.
However, it seems that Fonterra is still refusing to hold 'in person' media attendances at its corporate announcements - the latest example was the co-op's recent annual results unveiling.
Despite taking place a good two weeks after the Government dropped all the Covid protocols, the dairy giant's media managers still won't allow journalists to front up at Gumboot castle and quesiton the chairman and executive team in person.
Access was only granted by phone or weblink - which is never as useful or enlightening as face-to-face.
It begs the question - if it no longer has the excuse of using Covid health requirements in fronting the media in person -what is Fonterra, its chair and leadership trying to hide?
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.