Fonterra capital return could boost GDP – ANZ Report
The Fonterra divestment capital return should provide “a tailwind to GDP growth” next year, according to a new ANZ NZ report, but it’s not “manna from heaven” for the economy.
A fundraising initiative, backed by local businesses, has been organised at ANZ Morrinsville branch to raise funds for the Cancer Society.
The fundraising raffle offers a selection of prizes donated by Farm Source, DairyNZ, Tatua, Fonterra, LIC, Vet Clinic, Farmlands, FIL, GEA, and Agrihealth, Donaghys, Westmorland Estate Limited and PGG Wrightson among others.
Tickets are sold at ANZ Morrinsville for $2 each but the buyer also has the option of purchasing three tickets for $5.
Organisers say all proceeds will go directly to the Cancer Society, helping fund vital services and support for those affected by cancer in the community.
The fundraising is part of Daffodil Day - an annual fundraising campaign for the Cancer Society held on the last Friday of August, which is August 29th this year. The campaign raises funds for cancer research, support services, and prevention programs.
On August 29th, a barbeque will be done by the ANZ agribusiness team outside their premises.
Organisers are urging the community to buy raffle tickets and help them raise money for a worthy cause.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.
Farmers are being encouraged to take a closer look at the refrigerants running inside their on-farm systems, as international and domestic pressure continues to build on high global warming potential (GWP) 400-series refrigerants.
As expected, Fonterra has lifted its 2025-26 forecast farmgate milk price mid-point to $9.50/kgMS.
Bovonic says a return on investment study has found its automated mastitis detection technology, QuadSense, is delivering financial, labour, and animal-health benefits on New Zealand dairy farms worth an estimated $29,547 per season.

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