ASX Announcements
Conditional approval from ASX to delist FSF from ASX
Company Administration - Other, Letter to Shareholders - Other
- Jan 15, 2025
- 4 pages
Request for removal from the Official List of the ASX
Company Administration - Other
- Jan 8, 2025
- 5 pages
Fonterra lifts FY25 Milk Price and holds earnings guidance
Progress Report, Company Administration - Other
- Dec 5, 2024
- 2 pages
November 2024
Why Fonterra puts its dairy farmers before profit
Fonterra’s relationship with its dairy farmers is paramount to its success, making it a leader in the Established Business to Business category.
- Larry Schlesinger
September 2024
Fonterra targets South-East Asia, keeps Aussie dairy arm for now
The burgeoning cafe and bakery scene across South-East Asia has boosted the milk giant’s appetite for the region.
- Elouise Fowler
May 2024
- Updated
- Food bowl
Fonterra puts its Australian dairy assets up for sale
The New Zealand-based co-operative is behind household brands such as Western Star butter and Mainland cheese and has eight local manufacturing sites.
- Updated
- Brad Thompson
Jobless rate up; No ‘quick’ house price fix: RBA; Buffett boosts bulls
Read everything that’s happened in the news so far today.
December 2023
Brownes Dairy aims to dislodge Babybel’s iron grip in cheese snacks
The company, which has been owned by Chinese investors for the past six years, is on track to generate overall revenues of $245 million this year.
- Simon Evans
Fonterra’s local margins shrink as dairy cow scarcity grows
But the trans-Tasman company behind Western Star butter and Mainland cheese increased overall profits as demand from China improved.
- Simon Evans
October 2023
How to cut emissions with seaweed and burgers
The development of asparagopsis as a livestock feed supplement is just one of many ways the agricultural sector is reducing emissions.
- Larry Schlesinger
September 2023
Dairy exporters under pressure amid high milk prices
Australian farmers are enjoying near record milk prices thanks to reduced local supply, but exports are declining as buyers look to New Zealand for cheaper options.
- Cecile Lefort
August 2023
New Zealand cuts spending as downturn, China strain budget
Finance Minister Grant Robertson has instructed the public service to cut spending on consultants and contractors and said he would also reduce future budget allowances.
- Tracy Withers
May 2023
- Exclusive
- Board shake-up
Bubs investors seek to install Peter Nathan as CEO in board spill
The push to remove the company’s current directors is being led by departed chief executive Kristy Carr and executive chairman Dennis Lin.
- Updated
- Carrie LaFrenz
September 2022
NZ dairy giant Fonterra to keep 100pc of Australian business
The owner of Western Star butter, Mainland and Perfect Italiano cheese looked at an IPO and a partial stake sale, but decided against it.
- Simon Evans
August 2022
- Exclusive
- Baby formula
New kid on the block Care A2 Plus mulls ASX listing
The infant formula start-up was thrust into the limelight after gaining a tick from the US regulator in early July to supply millions of tins to a stretched market.
- Carrie LaFrenz
March 2022
Fonterra joins multinationals’ exodus and shutters Moscow office
New Zealand dairy giant will also exit its joint venture with Unifood in Saint Petersburg, joining other global companies leaving the country.
- Carrie LaFrenz
September 2021
Fonterra mulls IPO of Australian unit, exits Chile
The NZ diary giant flagged a review of its local business, which could see it list on the ASX with a valuation north of $1 billion.
- Updated
- Carrie LaFrenz
December 2020
ASX notches up five week winning streak with 0.5pc gain
The Australian sharemarket rose 0.3 per cent on Friday as banks gained and miners rode the rally in commodity prices. Nuix starred in a big day for IPOs.
- Updated
- Robert Guy, Vesna Poljak, Sarah Turner and Luke Housego
October 2020
ASX gains on banks, miners; Boral's Fagg to retire in 2021
The sharemarket rose 0.5 per cent as banks and miners advanced after RBA governor Philip Lowe signalled more easing. Whitehaven soared 11 per cent. Audinate, Redbubble shine amid tech slide. The September jobless rate rose to 6.9 per cent.
- Updated
- Robert Guy, Vesna Poljak and William McInnes
Fonterra sells China Farms for $514m
New Zealand dairy giant Fonterra has sold its China Farms business for $NZ555 million ($514 million) to pay down debt and focus on domestic producers.
- Updated
- James Fernyhough
September 2020
Fonterra says processing plants exceed milk supply
New Zealand-based Fonterra predicts more processing plant closures among its rivals in the Australian dairy industry.
- Brad Thompson
August 2020
- Opinion
- China
Lining up to replace China's Mengniu
Josh Frydenberg's personal decision to block the takeover of Lion's dairy and drinks business by the Chinese gives Australia's Bega Cheese – and others – the opportunity to pursue the target.
- Jennifer Hewett
Locally owned Tassie dairy farm fund grows portfolio
Circular Head Farms founder Steven Fisher says he is not a fan of foreign ownership of Tasmanian dairy farms.
- Larry Schlesinger