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Milk for sale: Fonterra and other big cheeses behind Australia’s shrinking dairy industry

Milk for sale: Fonterra and other big cheeses behind Australia’s shrinking dairy industry

One of the nation’s largest dairy processors is pulling the plug on Australia, but it’s just the latest domino to fall in a sector that has been dwindling for decades.

  • by Jessica Yun

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Fonterra gets glimpse of documents after Bega boss corrects statement

Fonterra gets glimpse of documents after Bega boss corrects statement

Fonterra has gained access to a handful of Bega documents after its rival's boss corrected his witness statement in a long-running dispute over a licensing deal that went sour.

  • by Sarah Danckert
Dairy giant Fonterra to cut debts after $590 million asset sale

Dairy giant Fonterra to cut debts after $590 million asset sale

Fonterra is set to sell its stake in DFE Pharma for nearly $590 million as the company looks to reduce its debts.

  • by Ben Weir
Dairy giant Fonterra unveils $820m write-down as drought is 'new norm'

Dairy giant Fonterra unveils $820m write-down as drought is 'new norm'

The New Zealand-headquartered global dairy giant Fonterra has unveiled sweeping write-downs totalling up to $820 million.

  • by Darren Gray
Fonterra cuts full-year earnings outlook, to not pay interim dividend

Fonterra cuts full-year earnings outlook, to not pay interim dividend

Dairy giant Fonterra cut its annual earnings outlook on Thursday amid challenging weather conditions in New Zealand and said it would not pay an interim dividend.

Fonterra cries over spilt milk after $179m loss, pledges to do better

Fonterra cries over spilt milk after $179m loss, pledges to do better

The New Zealand-based dairy giant has admitted its own forecasts for the year had been too optimistic.

  • by Darren Gray
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Fonterra posts $314m loss as Chinese baby food partner disappoints

Fonterra posts $314m loss as Chinese baby food partner disappoints

Fonterra has slashed $365 million off the value of its investment in Beingmate Baby Child Food, calling the performance of its Chinese partner "unacceptable".

  • by Jonathan Underhill
A2 cheese, butter flagged amidst 'game-changing' deal

A2 cheese, butter flagged amidst 'game-changing' deal

Surging sales of infant formula in Australia and China have pushed the a2 Milk company's first half net profit up by 150 per cent.

  • by Darren Gray
Fonterra Australia to lift payments to dairy farmers

Fonterra Australia to lift payments to dairy farmers

Fonterra Australia, the nation’s biggest dairy processor, has unveiled a boost in payments to its 1300 farmer suppliers in Australia.

  • by Darren Gray
What Asian companies want from Australian food manufacturers

What Asian companies want from Australian food manufacturers

Big isn't always better when it comes to Australian businesses wanting to capitalise on the so-called Asian dining boom.

  • by Jared Lynch
HSBC 'negative' on Chinese dairy consumption

HSBC 'negative' on Chinese dairy consumption

Manufacturers might be quick to talk about the Chinese dining boom, but after a decade of growth HSBC has predicted a "generally gloomy" outlook.

  • by Jared Lynch

Original URL: https://www.watoday.com.au/topic/fsf-m1