Fonterra bombshell: $675m loss looms, no dividend
Fonterra is signalling a full-year loss of up to $675 million for 2018-19.
According to an Official Information Act request, made by the Taxpayer’s Union, the MoE spent $769,955 on international travel to meetings between July 2017 and December 10, 2018; no doubt most of these ‘meetings’ were to discuss climate change. Apparently ‘policy experts’ from the MoE were sent on 116 individual international trips to, for example, Korea, Jamaica, Germany, France, Africa, Canada, the US and China. Yet the MOE website says, “New Zealanders looking to reduce their carbon footprint should fly less, work remotely and use video conferencing”.
