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OPINION: This old mutt suggests that Fonterra farmers may well have been a little too distracted by a high payout this year to see - or even notice- the exploding salary at the co-op.
According to excellent analysis recently done by BusinessDesk's Jenny Ruth, the number of Fonterra executives earning over $500k a year fell by 12 in the last year to 96.
However, this followed a 35.7% increase in the same salary bracket a year earlier.
Meanwhile, during the past year 1,052 more Fonterra employees are now 'earning' $100k or more a year - taking the total to 8,440 people.
Ruth is scathing about this jump in the salary bill saying: "The Fonterra gravy train keeps chugging along as its farmers, who are supposed to own the joint, appear oblivious to how much of the cream they produce is being hijacked by the executives". Ouch!
OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities Party, labelled by some as the 'LinkedIn Greens' for their corporate spin on Green-esque 'tax the rich' policies.
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in Westminster is a salient warning for us.
OPINION: Proponents of regenerative agriculture tend to be naturally aligned with a 'green mindset', so they will be nonplussed with their new mates in the US of A.
OPINION: Mike Chapman, former chief executive of levy-funded HortNZ, has thrown out a challenge to farmers and growers to put their levy-funded industry organisations under the same scrutiny as fertiliser, electricity, labour and freight.
OPINION: With 10,500 dairy farms, New Zealand continues to punch above its weight around the world.
Blueberries have the potential to become a major horticultural export, earning up to $150 million within the next three to five years.
Twenty five secondary school students from around New Zealand recently completed a three day residential programme designed to explore career opportunities across the food and fibre production supply chain.
Conversions of sheep and beef farms to forestry have slowed, however new research from Beef + Lamb New Zealand (B+LNZ) suggests land of value for food production remains at risk.
OPINION: A simpler, clearer, more effective Recognised Seasonal Employer (RSE) scheme.
Too many farmers put reclaiming excise duty on petrol into the "too-hard" basket, says farm accounting software provider, Farm Focus.
Tatua Co-operative Dairy Company has confirmed that chair and director Stephen Allen will retire at the co-operative's annual general meeting (AGM) on 3 December 2026, ending 30 years of service, including more than 20 years as Chair.
OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…
