Wednesday, 29 April 2015 16:04

Million-dollar views

Written by 

Fonterra's decision to scale back the rebranding of RD1 stores into the new Farm Source hubs will be welcomed by cash-strapped farmer shareholders.

Will the co-op also scale back on its flashy new headquarters under construction in Auckland’s Viaduct area?

While Fonterra will be leasing the HQ, surely workers moving into offices with million dollar views while farmer bank balances languish in the red won’t go down well with cockies.

More like this

$10m Boost for Govt Coffers From Pāmu

State farmer Pāmu (Landcorp) has announced it will pay a $10 million special dividend to the Crown off the back of a strong outlook for the business and a capital repayment of $9.5 million following Fonterra's consumer business sale.

Featured

Champion Farmers Drive Environmental Change in Agriculture

Finding and supporting ‘champion farmers’ – or top-quality farmers - is one of best ways of getting other farmers to take the appropriate measures to mitigate environmental issues, according to a leading Irish scientist Dr Mary Ryan.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Too Lenient

OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…

Fossil Fuel Crusade

OPINION: The global crusade against fossil fuel is gaining momentum in some regions.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter