Peters pins $2B-plus 'losses' to NZ on Fonterra

Mon, 18 Jun 2018

By Pattrick Smellie June 18 (BusinessDesk) - Deputy Prime Minister Winston Peters doubled down on last week's New Zealand First party attacks on the performance and leadership of Fonterra, saying the country's largest business was costing the economy more than $2 billion from food safety and animal welfare scares. Speaking at the weekly post-Cabinet press conference in the absence of Prime Minister Jacinda Ardern, Peters said in reference to Fonterra: "I think we will not become a great, first world trading nation in the top of the world’...

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