News | Business
17 Jul 2020 2:14
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Fonterra is on course to inject 11 billion dollars into the economy this year

    Fonterra is on course to inject 11 billion dollars into the economy this year


    Fonterra
    Fonterra
    Agriculture was labelled essential during the lockdown and able to continue operating.

    The company's set a milk price for the coming year of 5 dollars 40 to 6 dollars 90 per kilo of milk solids -- an unusually wide range due to uncertainly around covid-19.

    Chief executive Miles Hurrell says the lockdown worked in their favour.

    He says out of home consumption has declined, but the retail business has gone very well for them in the third quarter -- as people bought milk, cheese and yoghurt to take home.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     16 Jul: Auckland Council has signed off on a 3.5 per cent overall rates hike
     16 Jul: Front up and explain yourselves
     16 Jul: Shares in jewellery group Michael Hill have jumped nearly five per cent -- as investors look past a fourth quarter sales drop to focus on strong online sales
     16 Jul: The drop in inflation has taken analysts by surprise
     16 Jul: Multi million dollar loans are being offered to two Southland food producers to help them expand
     16 Jul: Invercargill's new CBD development is forging ahead - despite costing more than expected
     16 Jul: Questions are being raised about how regional lockdowns would affect businesses
     Top Stories

    RUGBY RUGBY
    Richard Kahui's unsure if his new career pathway will lead him back to Mooloo country More...


    BUSINESS BUSINESS
    Auckland Council has signed off on a 3.5 per cent overall rates hike More...



     Today's News

    Business:
    Auckland Council has signed off on a 3.5 per cent overall rates hike 21:57

    Environment:
    Four people have been forced to climb out of their vehicles and wade through floodwaters to safety as heavy rain and gusty winds hit the Coromandel Peninsula 21:17

    Entertainment:
    Naya Rivera's family says heaven has gained a "sassy angel" as they thanked fans for their love and prayers 20:29

    Entertainment:
    Ellie Goulding enjoys living apart from Caspar Jopling 19:59

    International:
    Coronavirus immunity: Any antibodies we develop to COVID-19 seem to drop off within months. So what does this mean for a vaccine? 19:47

    Entertainment:
    Melissa Etheridge has been learning to "love" herself after her son's death 19:29

    Entertainment:
    Mark Wright appreciates nights in with his wife more because of lockdown 18:59

    Rugby:
    Richard Kahui's unsure if his new career pathway will lead him back to Mooloo country 18:57

    Rugby League:
    The NRL has asked all players who face Queensland teams this week and live in south-west Sydney's COVID-19 "hotspots" to be tested immediately 18:37

    Entertainment:
    Naya Rivera's cause of death has been confirmed as drowning 18:29


     News Search






    Power Search


    © 2020 New Zealand City Ltd