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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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Tags
Fonterra dairy Australia New Zealand Business Council of Co-operatives and Mutuals ACCC Farmers
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Related News
Investment
1

Fonterra’s consumer business could fetch more than $2.5b
Investment
13

Fonterra to sell global consumer, Oceania, Sri Lanka, businesses
Business
1

Former Fonterra supplier Waitonui Holdings owed over $43.5m
Australia

Aussie Senate committee calls for supermarket break-up powers
Investment

Fonterra farmers to trade using Sharesies

Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
1

Fonterra’s consumer business could fetch more than $2.5b
Investment
13

Fonterra to sell global consumer, Oceania, Sri Lanka, businesses
Business
1

Former Fonterra supplier Waitonui Holdings owed over $43.5m
Australia

Aussie Senate committee calls for supermarket break-up powers
Investment

Fonterra farmers to trade using Sharesies

Fonterra sale ‘yet another blow’ to Aussie farmers
Australia,
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