They're our corporate doctors. But do receivers and liquidators deliver the right medicine, or just bleed the patient dry? Karyn Scherer reports.

An increase in the number of farmers failing to meet effluent rules is unacceptable, says dairy giant Fonterra.

An increase in the number of farmers failing significantly to meet effluent rules is unacceptable, says Fonterra. Significant non-compliance increased by 1 per cent to 16 per cent for the 2009/10 season.

Prices in Fonterra's latest online auction have fallen 8.2 per cent.

Specially trained staff from Fonterra have joined the recovery effort in Christchurch city centre.

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The New Zealand dollar will probably hold around 75 US cents until next Thursday as traders wait for the Reserve Bank to say whether it will cut the OCR.

The price of milk powder rose to the highest level in three years in Fonterra's latest online auction.

The New Zealand dollar may extend its losses this week as the cost of the Christchurch earthquake becomes clearer.

Fonterra is increasing its forecast payout for the current season by 60 cents per kilo of milksolids. This means an average payout of around $1 million to its farmers shareholders.

Agriculture Minister David Carter has ruled out government intervention to keep milk prices down, saying high international prices will benefit the New Zealand economy.

Prices in Fonterra's latest online auction have been pushed to record levels but recent volatility means picking the top of the cycle is proving tricky.