Will Damien O'Connor save Fonterra's farmers from themselves?

Will Damien O'Connor save Fonterra's farmers from themselves?
Agriculture minister Damien O'Connor said he doesn't support the plan. (Photo: Getty)
Jenny Ruth
Fonterra chair Peter McBride framed the dilemma facing his farmer shareholders starkly at last Thursday's meeting: "Either we're a corporate or we're a co-operative". "The current model, where we're trying to have a foot in each camp, is not sustainable," he said."At heart, it's about protecting the co-operative," he said of the capital restructure his board has proposed.Fonterra is not only a corporate; it's New Zealand's largest corporate, accounting for about 20% of the nation...

More Opinion

Why luxury needs a wake-up call
Opinion Fashion

Eden Bradfield: Why luxury needs a wake-up call

The focus should be on selling consumers a lifestyle, not just status symbols. 

Facebook is no place for risky financial investment offers
Opinion

Maria Slade: Facebook is no place for risky financial investment offers

Misleading ads continue to be thrust in the faces of Mum and Dad investors.

Maria Slade 30 Jun 2025
Money, Money, Money
Opinion

Simon Robertson: Money, Money, Money

Like it or not, everything digital is coming.

Simon Robertson 28 Jun 2025