Primary Sector
Synlait Milk looking to slash headcount by 15%
Synlait says the move will generate up to $12m a year in savings and is a 'complete reset' of how it operates as a business.
Policy
NZ, except Auckland, to move to level 2
Level 2, however, does look slightly different and the hospitality sector says it's another "kick in the guts".
Primary Sector
A2 Milk to be bumped out of S&P ASX50
The company’s market capitalisation has dropped to A$4.26 billion.
Primary Sector
Fonterra holds payout midpoint steady
The dairy cooperative is tipping a payout price of $8.00 per kilogram of milk solids, which will help offset rising costs for farmers.