![Fonterra's Australian milk collection slumps](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fonterra's Australian milk collection slumps
Fonterra's Australian milk collection has slumped by 16 per cent so far this season.
Fonterra's Australian milk collection has slumped by 16 per cent so far this season.
Analysts questions the milk pool Fonterra continues to own outside New Zealand
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Strong buyer interest in Fonterra factories claimed if it can't compete for milk.
Dairy co-op will need to deliver at this share price, analyst says
Fonterra confirms ugly loss, starts cleaning house.
Why not just publish the results unaudited?
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Beingmate's rollercoaster financial ride continues.
Fonterra's NZX-traded units were unchanged despite news over the weekend that 19 people had been arrested in alleged milk powder scam.
The key change to the governance model will enable farmers to directly nominate their own choice for selection to the board.
The new model allows farmers to directly nominate their choice for selection to the board.
Fonterra's opposite number in Australia has announced A$4.31 per kg of milksolids as its opening farmgate milk price for the season.
Fonterra chief executive Theo Spierings has reshuffled the roles of some of his top managers for the third time this year.
Fonterra's plan to alter its governance structure has been defeated.
Fonterra's farmer shareholders will vote next month on whether to accept governance changes to trim the board.
A mild improvement in dairy prices is expected at this week's GlobalDairyTrade auction - the last for the 2015-16 season.
Fonterra could let farmer shareholders sell shares based on annual milk production to reduce debt, analysts say.
Fonterra's increased dividend payment isn't enough for most farmers to pay their interest bill, says Jacqueline Rowarth.
COMMENT: Fonterra has made the right call by accelerating dividend payments instead of extending its dairy farmer shareholders loan package, writes Fran O'Sullivan.
Fonterra has confirmed the closure of its cheese plant in Kaikoura next month.
New Zealand's largest dairy cooperative is planning to close its cheese plant in the South Island town of Kaikoura.
The Fonterra Shareholders' Fund meeting heard the payout to farmers would be $390 million.
Fonterra has affirmed its guidance for the 2016 milk payout to farmers, although chairman John Wilson said it was dependent on next year's global dairy prices.