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Lachlan McKenzie

High 2010 payout will be bettered next year - Fonterra

High 2010 payout will be bettered next year - Fonterra
Wellington, Sept 23 NZPA - Fonterra Co-operative Group Ltd has boosted farmer confidence by holding to plans for a bonanza payout for the current 2011 dairy season of $7/kg-$7.10/kg, representing a $9 billion shot in the arm for the economy and cheques of over $800,000 for the average farmer, wit

NZ dollar eases slightly from push through US73c

NZ dollar eases slightly from push through US73c
Wellington, Sept 13 NZPA - The New Zealand dollar pushed to a five-week peak above US73c today as it continued to be swept along by a surge in global risk appetite but it finished off its best levels.

Govt to decide law changes for Fonterra

Wellington, June 30 NZPA - Agriculture Minister David Carter says he is pleased that Fonterra shareholders delivered a "resounding" endorsement of constitutional change needed to rejig the cooperative's capital structure.

Fonterra board wins through on capital restructure

Fonterra board wins through on capital restructure
Wellington, June 30 NZPA - Fonterra directors today won over sufficient farmer shareholders to endorse changes to the cooperative's constitution that will allow share trading among farmers.

Minister promises farmers conditions on ETS

Minister promises farmers conditions on ETS
Wellington, June 25 NZPA - Agriculture Minister David Carter has promised the nation's farmers that they will not be made accountable for the greenhouse gas emissions through the Government's emissions trading scheme (ETS), unless trading partners are also feeling some of the financial pain.

Big boost for dairy may give $1m payout average

Big boost for dairy may give $1m payout average
Wellington, May 26 NZPA - Fonterra farmers -- and the rest of the nation's cow cockies -- look set for a major boost when the new dairy season begins next month.

Feds put a grim spin on potential payout bonanza

Wellington, May 25 NZPA - Federated Farmers has welcomed Fonterra's prediction that the payout to farmers next season may top $8/kg of milksolids, but has warned farmers not to count on milkflows turning into white gold.

Dunne bewildered over Govt slowness on driving age

Dunne bewildered over Govt slowness on driving age
(0400 please) Wellington, April 16 NZPA - United Future leader Peter Dunne is at a loss to explain why the Government has been so slow to implement a lift in the driving age from 15 to 16.

Labour to back Govt's lift in driving age to 16

Labour to back Govt's lift in driving age to 16
Wellington, April 15 NZPA - The driving age is certain to be raised to 16 after Labour confirmed today it would back the Government's decision to approve the move.

"Something for everyone" - Fed Farmers

"Something for everyone" - Fed Farmers
Wellington, April 7 NZPA - A big farmer lobby which has previously adopted a sceptical tone on aspects of Fonterra's proposal for share trading says the scheme detailed today "has something for everyone".