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CEO 'should take voluntary pay cut'
The Labour Party has launched into the controversy surrounding Fonterra's latest restructuring by saying chief executive Theo Spierings should take a voluntary pay cut.
Chief: We'll get through
Fonterra chairman John Wilson says he knows farmers are increasingly anxious about low farm-gate milk prices.
Stock Takes: Float pipeline drying up
It hasn't been a great week for investment bankers on both sides of the Tasman.
Media told of job cuts before staff
Media were told that hundreds of Fonterra jobs were to be axed, hours before staff heard the news.
Dairy giant needs more than cosmetic surgery
Fonterra management had no choice but to restructure, writes Liam Dann. But it is cosmetic surgery for a patient that requires much more fundamental medical attention.
Fonterra heads on the block
Highly-paid head office managers are expected to be in Fonterra's sights as it slashes hundreds of administrative jobs to cope with falling global milk prices.
Call for big changes at Fonterra
Market analysts and dairy industry players say Fonterra needs to improve its performance and while job cuts are unfortunate, big changes are required.
Dairy firm shows way - Brewer
Auckland Council should follow the lead of Fonterra, which is laying off hundreds of staff in response to low dairy prices, says Orakei councillor Cameron Brewer.
Danone pins loss on ongoing fallout from Fonterra botulism scare
Danone Nutricia, the French-owned infant formula maker, has reported a full-year loss it attributes to the continuing effects of the Fonterra Co-operative Group's botulism scare in August 2013.
Danone Nutricia blames Fonterra for loss
Danone Nutricia has reported a full-year loss it attributes to ongoing fallout from the Fonterra botulism scare in 2013.
Fonterra coy on management review
Is global consulting firm McKinsey reviewing management at Fonterra? Seems so, though Fonterra won't confirm it.
Lochinver purchase stalls
The sale of Lochinver station to Chinese interests spearheaded by Shanghai Pengxin reignited concerns about farm sales to foreigners during the election campaign.
Mark Lister: Little optimism for dairy recovery
The only topic that seems to be competing with Auckland house prices at present seems to be the declining Fonterra payout, and what it means for the economy as a whole.
NZ dollar drops to 4-month low against euro
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.
Sixth drop in a row for dairy prices
The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.
Commodity prices fall again in May
The ANZ Commodity Price Index for May fell by 4.7pc, following April's 7.4 per cent decline.
NZ dollar hits lowest in almost 5 years
The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.
Chief confident prices will rebound
The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.
Brian Gaynor: IPO puts spotlight on Aussie dairy sector
Trust set-up raises issue of whether farmer shareholder and external investor interests in Fonterra are fully aligned.
Online Anchor ad says all lack calcium
An apology after an online Anchor promotion told everyone they needed more calcium.
Dollar drops to 4-year low
The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.
Farmers face another tough year
Dairy farmers face two successive years of below-break-even payouts after Fonterra issued its forecast for 2015/16 yesterday.
Farmer income set to fall by $150,000
Next season's average farmer income will drop by $150,000 based on Fonterra's $5.25 per kg forecast, says DairyNZ.
Fonterra cuts payout forecast
Fonterra's cut its payout forecast by 10c to $4.40 a kilo of milk solids and says it expects to pay out $5.25 a kilo for next season.
Changes in dairy call for a response
Fran O'Sullivan asks, when is enough enough when it comes to Chinese investment in the New Zealand dairy sector?
Dairy weighs on trade balance
A slump in dairy exports weighed on the trade balance last month.
Crunch time for dairy farmers
It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.