Displaying items by tag: Fonterra

The time has come to reduce aspects of Fonterra’s regulatory burden, National’s Agriculture spokesperson Todd Muller says.

Politician Shane Jones says his position as Associate Minister of SOEs, including Landcorp (Pāmu), gives him the right to have a crack at the quality of Fonterra’s farmer governance.

Fonterra's biggest shareholder, ex-director Colin Armer, says it’s unbelievable the co-op’s directors and management have lost so much money.

Fonterra's efforts to rein in costs now see it turning the screws on staff by suspending bonuses and pay rises for its top earners.

Fonterra chief executive Miles Hurrell has told co-op employees that more work is needed to turn the business around.

Fonterra has deferred its 2018-19 annual result announcement.

Fonterra says its payouts to Australian farmers are being funded by its operations, not propped up from other places in the balance sheet.

Fonterra says the global dairy market remains largely in balance, but is not without some risk.

The time has come to reduce aspects of Fonterra’s regulatory burden, National’s Agriculture spokesperson Todd Muller says.

Groundwork has begun for a review of Fonterra’s capital structure.