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Finance

Fonterra appears to have seen the error of its ways on bill paying

Jenny Ruth
Thu, 04 Jun 2020

Jenny Ruth
Thu, 04 Jun 2020
Fonterra appears to have seen the error of its ways when it come to paying its bills, if Small Business Minister Stuart Nash is to be believed.Nash cited the dairy giant as one of the companies that "has confirmed it is seeking to accelerate payments to its 10,000 farming businesses and 5,000 small vendors who have business with Fonterra worth up to $300,000." The government has asked government agencies, most of the companies within the S&P/NZX 50 Index, other significant private companies and the banking industry to partici...

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Markets
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