Miles Hurrell
Fonterra head on 'historic' UK-NZ trade deal
When Prime Minister Jacinda Ardern announced the free trade deal with the UK, few were paying closer attention than the local dairy sector.
The deal, which is expected to be ratified over the coming… Audio
Business News for 21 September 2020
News from the business sector, including a market report. Audio
Northland farmer responds to the Fonterra profit announcement
Northland dairy farmer, Evan Smeath breeds jersey cows and gives his response to Fonterra's $659 million profit. Audio
Fonterra has strong first half, but holds back on payout
Dairy cooperative, Fonterra, has reported a strong first half profit, but won't be paying an interim dividend given the uncertainty posed by the spread of the Covid-19 virus. Audio
Fonterra raises farmgate milk price with improved first quarter
Fonterra says an increase in milk prices will put pressure on the dairy co-op's profits, which have risen significantly in the first quarter. Audio
Further asset sales on cards for Fonterra to reduce debt
Fonterra is planning more cost-cutting measures and asset sales to further reduce its debt. Audio
Fonterra charts new course after horror losses
Fonterra has reported a 605-million dollar loss for the year and is now looking to refocus its efforts on its core New Zealand business to turn things around. Audio
Fonterra returns to profiability, but it's far from satisfied
Fonterra has returned to profitability but expects the business to be challenged over the balance of the financial year. Audio
Fonterra appoints Miles Hurrell to lead company
Fonterra's acting chief executive is staying on permanently, with a base pay packet of close to two million dollars a year. Audio
Economy expected to take a hit off dairy price falls
With us is Fonterra's group director of co-operative affairs, Miles Hurrell. Audio
Fonterra slashes forecast milk payout to under $4
Fonterra has this afternoon slashed its forecast milk payout to 3 dollars 85, down from $5.25. Audio
South Korea and the NZ Trade Deal
Jane Patterson delves into the trade agreement with South Korea and asks if it's a good deal for NZ? Audio
Fonterra says dry weather behind drop in milk volume forecast
Dry weather has prompted Fonterra to further reduce its milk volume forecast for the current season by 3.3 percent. Audio