Michelle Pye elected to Fonterra board
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer shareholders as a 'short sighted sugar hit'.
Winston is a pretty wise old fellow but for the sake of the next generation of dairy farmers and NZ Inc, let's hope he's wrong.
Word from Fonterra is that it is 'unlikely' that Lactalis will walk away from NZ but there are no guarantees, and if that happens, does it matter?
Winston says it does and if he's right, think economic disaster.
Otherwise, take the money and run.
But with electioneering already underway, the lolly scramble for votes a year out is on, as poorly thought-out promises are made.
Political lolly scrambles may appeal to those with a sweet tooth but just remember, economic toothache is painful.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
The Government has announced it will immediately roll over all resource consents for two years, with legislation expected to pass under urgency as early as this week.
The New Zealand National Fieldays Society has achieved a major sustainability milestone - reducing its greenhouse gas emissions and reaching the target five years early.
Fonterra's 2025/26 financial year is off to a strong start, with a first quarter group profit after tax of $278 million- up $15m on the previous year.
Government plans to get rid of regional councillors shows a lack of understanding of the fundamental problem affecting all of local government - poor governance.

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