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Hot Topic Hawke’s Bay
Australia
3 mins to read

Fonterra sale ‘yet another blow’ to Aussie farmers

Sale of Australian dairy production assets risks further consolidation in an industry that farmers say already has too many unfair market pressures.

Fonterra is behind some of the best-known dairy brands in Australia.

Dan Purves Fri, 17 May 2024

New Zealand-based dairy giant Fonterra’s plans to divest its Australian businesses has been lambasted as “yet another blow” to Australian dairy farmers by the Business Council of Co-operatives and Mutuals (BCCM), which says the move is a risk to Australian consumers.

Fonterra has eight

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Dan Purves Fri, 17 May 2024
Contact the Writer: dpurves@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fonterra sale ‘yet another blow’ to Aussie farmers
Australia,
104103
true