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The Government's $9.9 million loan to Westland Milk is raising eyebrows.
Some on social media are calling it a Government bailout for a struggling dairy co-op.
The taxpayer-funded loan will help Westland construct $22m plant for specialty products.
One prominent finance commentator says the deal smells bad and wants more details to be made public. He tweeted “Looks like the taxpayer is now a bank.”
The Government is giving an extra $400,000 to help West Coasters recover from the devastating March floods.
The West Coast may be Westland Milk Products territory but that hasn’t prevented Fonterra from stepping in to help with the cleanup following the torrential rain and flooding of late March.
Westland District mayor Bruce Smith isn’t buying suggestions that productive farmland at Franz Josef should be abandoned to the flood-prone Waiho River.
The Government's decision not to proceed with a capital gains tax has been approved by farmers.
Tax implications for farmers receiving big Mycoplasma bovis compensation payments is one of the issues farmers are raising in meetings now underway NZ-wide.
Soaring butter prices may see next season’s milk price go beyond $7/kgMS – even as high as the mid sevens.
A small organic farm in South Auckland has become the first NZ recipient of DeLaval’s new robotic milking system, the…
Bert Quin, managing director of Quin Environmentals (NZ) Ltd and owner of the fertiliser company Quinfert on why we need…
Australia's last surviving iconic dairy cooperative, Norco, says it’s getting enquiries daily from farmers wanting to supply it milk.
Alex Turnbull, director NZMP marketing, Fonterra, outlines the co-op’s ongoing commitment to adding value to New Zealand’s economy and the…
UK activists have resumed their attack on the dairy industry.
The shelf life of fresh milk can be extended up to two months by a technology developed by an Australian…
