Good morning, and welcome to The Bulletin. In today’s edition: Milk and money spills at Fonterra, Coasters told they’ll have to leave after threats from rising seas, and deputy PM Peters addresses coalition rift rumours. In the end, Fonterra’s year turned out to be worse than a lot of people were predicting. The dairy cooperative has announced … Read more
Rebecca Stevenson takes a look back at the tenure of ‘Mr Milk’, Theo Spierings, atop our biggest company. It’s our biggest business (yet it’s a co-operative) and its chief executive Theo Spierings also earns the highest salary in New Zealand – a lottery dream of a wage packet of about $8.3 million a year, or … Read more
Good morning and welcome to The Bulletin. In today’s edition: Fonterra looks to future as boss resigns, confusion at the top of the coalition government, and charities board denies Greenpeace again. There is comprehensive coverage of the resignation of Fonterra CEO Theo Spierings on the NBR. Mr Spierings stepped down on the same day Fonterra announced its interim financial results. … Read more