Strong Interim Results See Fonterra Boost Farmgate Milk Price to $9.70/kgMS
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
Chartered accountants are offering two scholarships in honour of former Fonterra chief executive, the late Craig Norgate.
Chartered Accountants Australia and New Zealand announced two new scholarships, honouring the memory of an inspirational business leader, to support young Kiwis setting out on their careers as Chartered Accountants.
Norgate who led the New Zealand Chartered Accountants’ organisation at a key time in its history – its amalgamation with Australia – died aged 50 in 2015. He also played an important role in the formation of Fonterra and was the dairy cooperative’s first chief executive.
He was a Chartered Accountant Fellow.
Kirsten Patterson, New Zealand Country Head of Chartered Accountants ANZ, said the Craig Norgate Memorial Scholarships aim to honour and celebrate “Craig’s big heart, big intellect and generous spirit.
“He was someone you would go the extra mile for.
“For the scholarships, we are looking for people who like Craig embodied leadership, a community spirit and action, bold ideas, entrepreneurship, business acumen, pride, passion and drive.”
Patterson, who worked with Norgate as part of his New Zealand Institute of Chartered Accountants executive team, said his life will resonate with young New Zealanders wanting to become Chartered Accountant (CAs) and business leaders.
The annual scholarships are:
1. The Craig Norgate New Zealand Memorial Scholarship – a national scholarship open to anyone enrolled, or planning to enrol, in Chartered Accountants ANZ’s 2017 CA Program.
2. The Craig Norgate Taranaki Memorial Scholarship (honouring Norgate’s strong Taranaki connections) – open to anyone, at the time of application, living, studying or working in Taranaki and is enrolled, or planning to enrol, in Chartered Accountants ANZ’s 2017 CA Program.
Each scholarship is worth $5000 over two years and is targeted at helping cover students’ course costs while completing the CA Program.
An Ōpunake farmer with a poor effluent system has been fined $35,000 with a discount on the penalty discarded after he charged at a Taranaki Regional Council officer inspecting the ‘systematic problems’ on his farm.
The horticulture sector is under threat because of vulnerabilities of the country's transport infrastructure, according to a report commissioned by a collective representing a range of groups in the sector.
Silver Fern Farms chief executive Dan Boulton says the meat processor wants to find ways of getting product destined for Middle East markets into those markets as opposed to try and place them elsewhere.
The current Middle East war could not have happened at a worse time for New Zealand.
This week, more than 100 farmers, policy makers, politicians and other industry influencers will gather at the annual Dairy Environment Leaders (DEL) Forum to workshop positive environmental change for New Zealand dairy.
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
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