Podcasts about Fonterra

Make sense of the markets with Michelle Lopez, Head of Australasian Equities and Portfolio Manager at PIE Funds. Michelle talks about the ripple effects of tariffs and finding opportunities in a volatile market—identifying the emerging sectors and unexpected advantages. Michelle tells us which industries might be more impacted by US tariffs—and which could benefit. Hear why global trade disruptions could actually lead to deflation for Aussie consumers, and how to identify promising investments that have dropped due to anxious markets. Plus, learn how the decommissioning of Australian oil and gas wells is worth an estimated $60 billion, and gear up for potential IPOs on the ASX from Virgin and Fonterra. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

A Rhodes Scholar from Nimmitabel with a Master of Philosophy in Economics from Cambridge. He cut his teeth at McKinsey before helping establish Fonterra, the Kiwi dairy co-op whose creation is now studied at Harvard Business School as one of the greatest feats of agribusiness strategy in the modern era. That should qualify him for the role of Federal Treasurer right? Now, he’s pitching nuclear power as the affordable answer to Australia’s energy future and facing the task of trying to win back government against significant headwinds. We ask is he the man from the high country who can win back Teal seats and bring the “colt from Old Regret” back into the fold? Or will the Canberra machine chew him up and spit him out? We talk policy, power bills, and political branding and why Treasurer Jim Chalmers reckons he’d be “shit”. You can judge that for yourself. Like any good country boy, he didn’t arrive at The Advocate’s newsroom empty handed. Angus came bearing hats, a branded mug with his famous self-congratulatory tweet on it, some notepads, shopping bags and stickers. We appreciate that. Good Job, Angus.See omnystudio.com/listener for privacy information.

This episode of The Food Professor Podcast brings together global trade drama and local wine opportunity. In the opening news segment, Michael and Sylvain react to the latest trade bombshell from Donald Trump: sweeping new tariffs aimed at dozens of countries, with Canada & Mexico left off—for now. They dig into how this could reshape the Canadian food sector, focusing on dairy and the persistent challenges of supply management. Sylvain calls out the inefficiencies of Canada's quota system and urges a national strategy, comparing our lack of vision to New Zealand's Fonterra success. The conversation also covers the real reasons behind “Buy Canadian” sentiment—whether driven by tariffs or values—and highlights the implications of avian flu outbreaks on Canadian poultry supplies.In the second half, Michael and Sylvain welcome Michelle Wasylyshen, President and CEO of Ontario Craft Wineries. With a public affairs background spanning government, industry, and advocacy, Michelle brings a sharp perspective on the role of VQA (Vintners Quality Alliance) wines in the current climate. She explains how VQA signifies wines that are 100% Ontario-grown, produced, and bottled, and why that matters for consumers and the local economy.Michelle details how the removal of U.S. wines from LCBO shelves has created a rare and significant opening for Ontario wine producers. Early data already shows a 30% jump in VQA sales, with some members seeing growth as high as 70–80%. Her team is capitalizing with cheeky, targeted campaigns like “Screw the Tariffs, Pop the Cork,” and partnering with groups like Restaurants Canada and Canadian Manufacturers & Exporters to amplify the message.She also addresses a long-standing pain point: interprovincial trade. Michelle shares the absurd reality that it's currently easier to sell Ontario wine to Sweden or Denmark than to Quebec. She expresses cautious optimism that the current tariff climate might finally create the political will to tear down these barriers.On the topic of consumption trends, Michelle acknowledges the growing “sober-curious” movement but remains confident that Ontario wines, especially given their quality and local value, remain a compelling choice. She concludes with policy priorities including sustained shelf presence at the LCBO, education on VQA labels, and increasing restaurant availability of local wines.The episode wraps with lighter banter on the possible revival of Hooters and a shoutout to Quebec-based food brand Mid-Day Squares, capping off a wide-ranging conversation rooted in both disruption and opportunity. The Food Professor #podcast is presented by Caddle. About UsDr. Sylvain Charlebois is a Professor in food distribution and policy in the Faculties of Management and Agriculture at Dalhousie University in Halifax. He is also the Senior Director of the Agri-food Analytics Lab, also located at Dalhousie University. Before joining Dalhousie, he was affiliated with the University of Guelph's Arrell Food Institute, which he co-founded. Known as “The Food Professor”, his current research interest lies in the broad area of food distribution, security and safety. Google Scholar ranks him as one of the world's most cited scholars in food supply chain management, food value chains and traceability.He has authored five books on global food systems, his most recent one published in 2017 by Wiley-Blackwell entitled “Food Safety, Risk Intelligence and Benchmarking”. He has also published over 500 peer-reviewed journal articles in several academic publications. Furthermore, his research has been featured in several newspapers and media groups, including The Lancet, The Economist, the New York Times, the Boston Globe, the Wall Street Journal, Washington Post, BBC, NBC, ABC, Fox News, Foreign Affairs, the Globe & Mail, the National Post and the Toronto Star.Dr. Charlebois sits on a few company boards, and supports many organizations as a special advisor, including some publicly traded companies. Charlebois is also a member of the Scientific Council of the Business Scientific Institute, based in Luxemburg. Dr. Charlebois is a member of the Global Food Traceability Centre's Advisory Board based in Washington DC, and a member of the National Scientific Committee of the Canadian Food Inspection Agency (CFIA) in Ottawa. Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur. He has been on the front lines of retail industry change for his entire career. Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada's Retail Marketing conference with leaders from Walmart & Google. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.Rethink Retail has recognized Michael as one of the top global retail experts for the fourth year in a row, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer. If you are a BBQ fan, you can tune into Michael's cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world.

Fonterra’s chief innovation and brand officer comments on last night’s GDT Auction (+1.1%), payout prospects, and Trump’s tariffs.See omnystudio.com/listener for privacy information.

Fonterra's elaborating on the details of their consumer brand sell-off. The conundrum comes off the back of a monster half year result in which operating profit rose to 16%. The planned divestment could see brands like Anchor and Mainland sold off. CEO Miles Hurrell told Mike Hosking the key for any good business is knowing what you're good at. He says that over the years, the returns as an ingredients business have been stellar, but farmers aren't getting the desired return on capital from the consumer side of things. He says they believe they can get higher returns from investing that cash back into ingredients and food service. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Thursday 27th of March, the banks are continuing to call for capital rules to be eased. But Massey University banking expert Claire Matthews is warning against it. We get reactions to the new sentencing and drug driving testing laws coming into place. Fonterra's CEO Miles Hurrell defends the proposal to sell of the company's consumer brands, like Anchor. And the iconic Bob Geldof is the country for his stage show - so he joined Mike in studio for a chat. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

THE BEST BITS IN A SILLIER PACKAGE (from Thursday's Mike Hosking Breakfast) What if Liam Was an All Black?/Why Would You Get Out of Ice Cream?/They're Not War Plans. They're UpdatesSee omnystudio.com/listener for privacy information.

National MP Joseph Mooney has introduced a members bill that would remove people's right to take legal action against companies for their impact on the climate. The most prominent case this would impact is Mike Smith's (Ngāpuhi and Ngāti Kahu) Smith v Fonterra.  Wire Host Caeden spoke to Smith about this proposed legislation and the potential impact on his case, which remains ongoing.

Open Country Dairy's chief executive comments on keeping up with the Joneses - or in his case, Fonterra - when it comes to milk price. And why is OCD not following Fonterra in offering a premium for low-carbon milk?See omnystudio.com/listener for privacy information.

Dom talks with the winner of the 2025 Tasman Young Farmer of the Year Contest George Letham about the competition, working for Fonterra and his preparations for the Grand Final in Invercargill (July 3-5). Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

On today's REX Daily Podcast, Dom talks with Rob and Mandy Pye from Mangere Falls Farm about winning the Northland Ballance Farm Environment Supreme Award, their respective teaching backgrounds and the philosophy that underpins their farming operation... He talks with the winner of the 2025 Tasman Young Farmer of the Year Contest George Letham about the competition, working for Fonterra and his preparations for the Grand Final in Invercargill (July 3-5)... And he talks with the winner of the 2025 Taranaki Diary Manager of the Year Martin Keegan about how he got into dairy farming, his background as a diesel mechanic and his plans for farm ownership. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Fonterra has delivered a strong interim result for the 2025 fiscal year. It's reported a half year Profit after Tax of $729 million, with earnings of 44 cents per share. It's alongside a Farmgate Milk Price midpoint of $10 per kilograms of milk solids for the season ending 2025. CEO Miles Hurrell says it's pleasing to be able to deliver these results for farmer shareholders and unit holders. Dairy Insights Consultant Stu Davison told Mike Hosking the entire industry is fizzing. He says it's a pretty uncommon result to see a strong milk price and a strong dividend in the same season, and they're going to ride the wave while they've got it. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Fonterra's chief executive says he's "bloody proud" of the co-op's excellent half-year result with an increased net profit and interim dividend. See omnystudio.com/listener for privacy information.

It's good news for diary giant Fonterra, whose first half net profit is up 8 percent to $729 million, with a revenue growth of 14 percent. A dividend of 22 cents a share will be paid, and the forecast farmgate milkprice is sitting at a midpoint of $10 a kilo. What is the message to farmers? Fonterra Chief Executive Miles Hurrell talks to Tim Beveridge about the result. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

On top of a forecast $10 milk price (Milk Price range narrows: NZ $9.70 - $10.30 per kgMS), Fonterra Ltd has increased its FY25 full year earnings guidance from 40-60 cents per share to 55-75 cents per share. Fonterra released its FY25 interim results today. The Co-op's dividend policy is 60-80% of full year earnings, with up to 50% of the full year dividend to be paid at interims. That's a possible range of 33 to 60 cents. The Country host Jamie McKay talks to Tim Beveridge about Fonterra's results. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

Did the news yesterday that the economy had grown more than expected, by a whopping 0.7%, put you in a good mood for the week? Maybe the news that Fonterra has reported an 8% lift in first-half net profit to $729 million put a spring in your step. Or the opportunity to grab a bargain in the Afterpay Sales this weekend is putting a smile on your face. Or maybe none of these things had an impact on your happiness. According to the World Happiness Report, published yesterday by the Wellbeing Research Centre at the University of Oxford, happiness isn't just about wealth or growth – it's about trust, connection and knowing people have your back. It's not a huge surprise; Finland is the happiest country in 2025, for the 8th year in the row. Denmark, Iceland, and Sweden came in at 2nd, 3rd and 4th, and Costa Rica and Mexico both ranked in the top 10 for the first time. New Zealand came in at 12th, between Australia and Switzerland. I tend to roll my eyes every time we compare New Zealand to a Scandinavian country – we make constant comparisons due to population size, but we are different countries with different resources and rarely follow their lead. But it is intriguing to look at why Finland, with its dark, chilly winters and border with Russia, is such a happy place. According to the managing director at Gallup who partnered on the study, the reason Finnish people are happier than most is because of “a belief in others,” optimism for the future, trust in institutions, and support from friends and family. Does any of that feel familiar to us right now? 12th for New Zealand feels about right, I think. Between 2016 and 2020 we were 8th, and we've been slowly slipping down the list since 2021. We all know health and wealth are not solely responsible for happiness, but they play a part. The less you have to stress about, the more you can focus on being happy. But the study has turned up some unexpectedly strong predictors of wellbeing. Sharing meals with others, having somebody to count on for social support, and household size all play a part. Basically, social connection is key to happiness in this era of social isolation and polarisation. This applies particularly to young adults – the study found 19% of young adults across the world reported in 2023 that they have no one they could count on for social support. That is a 39% increase compared to 2006. It may of course be a hangover from the pandemic, or more likely the consequence of giving our lives over to devices and social media. The Harvard Study of Adult Development —the famous 80+ years study into happiness— has already established a strong correlation between deep relationships and well-being. So, this revelation about social connection isn't new news, but it's an important reminder for us all to put our phones down, sit up at the dinner table, and have a chat. See omnystudio.com/listener for privacy information.

Fonterra farmers are in line for a large payout on interim results. The co-op's lifting its dividend to 22 cents a share, from 15 in the previous comparable period. It's reporting its first-half profit increased 8% to $729 million. Federated Farmers' Richard McIntyre told Francesca Rudkin that for the first time in quite a while, he's hearing farmers starting to talk about what they could or should invest in for their farms. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news it's a big day of data locally with our Q4-2024 GDP result out later this morning, preceded by the Fonterra half year result. Either may have market-moving implications.But a few minutes ago, the US Fed released its latest monetary policy review and projections, the dot plot indications and forecasts, which suggest they see higher inflation in the year ahead (now 2.7% from 2.5% and a smaller economic expansion (1.7% from 2.1%). They also expect a higher jobless rate.They see two rate cuts this year. Nine of the 19 policymakers expect it to be in the 3.75%-4.00% range by the end of 2025.But at this meeting there was no policy rate change.In contrast, the AtlantaFed's GDPNow tracking suggests the US economy is now contracting at a -1.8% rate. Apart from the pandemic period, that would be their worst since the GFC.After two strong weeks of mortgage application growth, but mostly driven by refinance activity, last week there was a pull back with volumes falling -6.2%. But with the rise in US benchmark interest rates, and the consequent rise in the 30 year home loan rates (their first rise in nine weeks), perhaps this isn't much of a surprise. Still, overall activity is now +6% higher than year-ago levels.Tariffs and tariff threats are raising prices for basic commodities. For example, American steel is up +27% just from February 7, 2025. There is no way that won't have an inflationary impact there. Thinks cars. Interestingly with international steel diverted, these costs will be lower elsewhere, so the core competitiveness of American-made products are probably going to weaken noticeably. Chinese steel prices are back to where they were in 2017.Across the Pacific, Japanese exports rose +11.7% in February from the same month a year ago and this was the second best rise since December 2022 and much better than the +7.8% rise in February 2024. Still it wasn't quite as strong as expected.Japanese machinery orders rose +19.8% in January from the same month a year ago (up to ¥3.27 bln from ¥2.73 bln in January 2024.)The Bank of Japan kept its key short-term interest rate at around 0.5% during its March meeting, maintaining it at its highest level since 2008 and in line with market expectations. It was a unanimous decision and a cautious stance, focusing on assessing the impact of rising global economic risks on Japan's fragile recovery. They noted ongoing uncertainties in the domestic economic outlook, including trade policies and global conditions.The central bank of Indonesia held its benchmark interest rate at 5.75% during its March 2025 meeting, as expected. They have had only one -25 bps rate cut in 2025 which took their policy rate back to where it was for most of 2023. Recently their inflation rate fell to only +0.8%. And there was a sell-off on their stock exchange earlier in the week. So this 'hold' may be their last. The financial instability in Indonesia is a bit of a worry, especially for its neighbour, Australia.In Turkey, their autocratic president is feeling increasingly vulnerable. He has moved against his main rival with trumped-up charges and the instability has caused the Turkish currency to dive - again. Inflation is running at 39% still but it is falling. And their central bank keeps cutting their policy rate, now down to 42.5%.The World Meteorological Organisation's latest report, for 2024, is a sobering read. New Zealand may be situated in a climate sweet-spot but that isn't the case for almost all our trading partners. CO2 levels in the planet's atmosphere are now at an 800,000 year high. The future won't be like the past. The main way it will hit our pockets is through insurance costs.The UST 10yr yield is now at 4.28%, up +1 bp from yesterday at this time.The price of gold will start today at just on US$3034/oz and down a net -US$2 from yesterday.Oil prices are up +50 USc from yesterday at just on US$67.50/bbl in the US and the international Brent price is at just over US$71/bbl.The Kiwi dollar is now at 57.9 USc and down -30 bps from this time yesterday. Against the Aussie we are unchanged at 91.4 AUc. Against the euro we are also unchanged at 53.2 euro cents. That all means our TWI-5 starts today just on 67.2, and -10 bps softer.The bitcoin price starts today at US$84,613 and up +3.3% from this time yesterday. Volatility over the past 24 hours has again been moderate at +/- 2.1%.Join us for the Q4-2024 GDP result at 10:45 am this morning. And before that, we will have the Fonterra half year update.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Dom talks with NZDIA Manawatu Dairy Trainee of the Year, Eva Wooller, about working on Fonterra's Longburn Farm, how she got into farming and her efforts to change the negative connotations associated with dairy farming. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news there are plenty of bumps in the economic road to note today.But first up today, there was another full dairy auction overnight, one that analysts had been nervous about and the derivatives market saw downside risks (on the uncertainties of how dairy product distortions would fare in the growing tariff disputes). In the end overall prices were unchanged - so no bump here - which the industry will take as a 'win'. But that is in USD terms. In NZD terms it certainly wasn't with prices down -3.3% overall as the USD weakened. Butter inched higher, and to a new record level. So did cheese. But WMP was little-changed, and SMP fell -0.4%. China was in there buying although not with notable enthusiasm.All eyes now turn to Fonterra's interim report on Friday, and the expectations are for only minor tweaks to their payout levels over that they have already announced at record highs.In the US, the retail impulse tracking though the Redbook index still shows a strong year-on-year +5.2% gain compared to the same week a year ago, but the advantage is fading and has done so each week in March so far. We don't get a week-on-week reading but for that year-on-year gain to fall from +6.6% three week ago, there must be a sharpish recent fall away.American housing starts unexpectedly jumped +11.2% in February from January, but that was just making back the -11.5% fall the prior month. The February 2025 build rate was at 1.501 mln units whereas the February buodl date was at 1,546 mln units so a -2.9% retreat on that basis.It was a similar story for US industrial production - up more in February from January (+0.7%) than expected (+0.3%), but the gains were less (+1.4%) than year-ago levels (+1.7%).There was a US Treasury 20 year bond auction earlier today and it brought less support, and at a median yield of 4.60%. The better supported prior equivalent event a month ago was at a median yield of 4.77%.Canada reported its CPI inflation rate at 2.6%, which was a notable rise from their January level of 1.9% and an expectation of 2.2%. It is probably only going to get worse from here due to the snarky tariff war the Americans started and the Canadians collective reactions. Their monetary policy decisions are based on "trimmed mean" rates, and they only moved up slightly.Across the Atlantic in Germany, and by a two thirds majority, their parliament has approved a massive €1 tln funding increase to allow it to build its defence capability and support Ukraine. It is a massive change in attitude to their fiscal policy direction.In the Pacific, Indonesia's stock market halted trading yesterday for the first time since 2020 after their market plunged more than -7% from Monday's close. Substantial concerns over economic stability and consumer sentiment are behind the move.In China the property sector woes are far from over. Another major developer, Sunac, has issued a major 'profit warning', actually a major warning about huge losses. Demand for its projects is very weak.In Australia, a superannuation fund has been convicted of greenwashing and ordered to pay a fine of more than AU$10 mln for making false claims about how it invested funds.The UST 10yr yield is now at 4.27%, down -3 bps from yesterday at this time. And we should probably note that the Tesla share price is down another -6% so far today.The price of gold will start today at just on US$3036/oz and up a net +US$42 from yesterday, and another all-time high.Oil prices are down -50 USc from yesterday at just under US$67/bbl in the US and the international Brent price is at just under US$70.50/bbl.The Kiwi dollar is now at 58.2 USc and unchanged from this time yesterday and maintaining its recent gains. Against the Aussie we are up +20 bps at 91.4 AUc and a new three-month high. Against the euro we are unchanged at 53.2 euro cents. That all means our TWI-5 starts today just over 67.3, and marginally firmer.The bitcoin price starts today at US$81,895 and down -1.9% from this time yesterday. Volatility over the past 24 hours has again been moderate at +/- 2.1%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

On today's REX Daily Podcast, Dom talks with Stu Davison from HighGround Dairy about the latest Global Dairy Trade Event (0.0%), the uncertainty in the market due to geopolitical tensions and the opening weekend of Formula 1... He talks with Agricultural Economist Phil Journeaux about drought mitigation via reticulated water schemes, his report into the economic benefits of such schemes back in 2016 and in what ways it's still relevant today... He talks with Julius Cousins from Hiamoe farm in Manawatu about his family winning the Supreme Award at the Horizons Ballance Farm Environment Awards, the diversity of the family farming operation and the host of other awards they collected... And he talks with NZDIA Manawatu Dairy Trainee of the Year, Eva Wooller, about working on Fonterra's Longburn Farm, how she got into farming and her efforts to change the negative connotations associated with dairy farming. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Dairy farmers are being urged to pay down debt while they're in a good position to do so. Fonterra's already forecasting a midpoint of $10 this season. Industry organisation Dairy NZ expects the situation to continue, forecasting a payout above $10 next season. DairyNZ Head of Economics Mark Storey told Mike Hosking it's a good chance to clear debt while payouts are rising, and interest rates are falling. He says farmers have been making repayments in the last few seasons, and they should continue to do so. LISTEN ABOVE See omnystudio.com/listener for privacy information.

This week on TaPod we catch up with one of our favourite Kiwis, Keith Muirhead – Director of Talent Acquisition at Fonterra. We talk about how one of the biggest companies in NZ (responsible for 5% of the national GDP) transitioned from RPO to inhouse, covering all of the BIG transformation challenges, from tech to people and process. It's a great blueprint for change; we learn how to 'make dairy sexy' and we loved our discussion – you will too. Thanks to Avature for your continued support this month. 

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. New Zealand: 7/10 Between the investment conference, the India trip about to unfold, and the huge boost in visa interest from wealthy foreigners, that's not a bad week's work for a small country trying to get its mojo back. Tariffs: 2/10 The idiocy driving the ideology has been on full display. Random numbers, multiple threats, increased costs - all it has done this week is tank markets, decrease value, freak people out, provide uncertainty, and generally reinforce the idea that the U.S President is random as, if not dangerous. Whanganui: 7/10 That council with the payment for meetings and dumping the food scraps is rolling. It's not often a council does two good things in a week. Liam Lawson: 8/10 It's early days and the pressure is real, but F1 is as big as sport gets anywhere and he is at the pointy end of it. Fonterra: 9/10 Yet another payment upgrade. Those guys can't stop giving away money. We like that too. Malcolm Turnbull: 7/10 Sort of my hero of the week. If you give into bullies, you get more bullying. In politics, and life, it's sage advice. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

One of the sharpest minds in agriculture wants Fonterra to offer Kiwis a bite of dairy cherry with an IPO floating of its consumer brands business. See omnystudio.com/listener for privacy information.

On today's REX Daily Podcast, Dom talks with Agri business leader Rob Hewett about his involvement in a shareholder revolt at carpet maker Bremworth, the move to dump the current board due to a fall in sales and earnings and whether they have the numbers to force the change... He talks with Silver Fern Farms Innovation Manager Nick Rowe about his role with the company, the future of innovation in the red meat sector and what factors are currently driving innovation... And he talks with NZ Dairy Industry Awards GM Robin Congdon about two new awards for this year's programme - the Fonterra & ASB First Farm Award and the ASB Alumni of the Year Award. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Dom talks with NZ Dairy Industry Awards GM Robin Congdon about two new awards up for grabs this year; the Fonterra & ASB First Farm Award (FFA) and the ASB Alumni of the Year Award (AAOTY). Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

On today's REX Daily Podcast, Dom talks with Agricultural Economist Phil Journeaux about a recent Fonterra event for rural professionals about the new financial incentives to dairy farmers to reduce Greenhouse gases, the incentive structure and whether it's the tip of the iceberg for NZ food producers... He talks with DairyNZ Chair Tracy Brown about its proposal to lift the levy paid by farmers to the organisation, its current nationwide roadshow and the feedback from farmers so far... And he talks with Peter Cruickshank from Rosedale farm in Southland about the history of the property, celebrating 150 years of his family at Rosedale and his work as a rural reporter for Country Calendar and National Radio. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Dom talks with Agricultural Economist Phil Journeaux about a recent Fonterra event for rural professionals about the new financial incentives to dairy farmers to reduce Greenhouse gases, the incentive structure and whether it's the tip of the iceberg for NZ food producers. Tune in daily for the latest and greatest REX rural content on your favourite streaming platform, visit rexonline.co.nz and follow us on Instagram, Facebook and LinkedIn for more.

Spark has lost $1 billion in market value, a result that was greeted with shock by investors. Sky TV also reflected a tough economy, while Fonterra jumped after lifting earnings forecasts. Crossing the Tasman, an American real estate giant has launched a A$2.6B bid for Australian real estate portal domain. Greg Smith of Devon Funds Management talks to Mike Hosking about the outcomes. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

THE BEST BITS IN A SILLIER PACKAGE (from Monday's Mike Hosking Breakfast) So Move On/Stop Selling Off the Best Bits/The Importance of Non-Contact Time/Busting the Hospo Myth/Grok Knows What's WhatSee omnystudio.com/listener for privacy information.

The "Dangen Zone" panel discusses the dry conditions in the upper North Island, Fonterra's low emissions payment incentives, and the latest farmer confidence survey.See omnystudio.com/listener for privacy information.

Fonterra's Chief Financial Officer comments on the co-op's low emissions payment incentives announced yesterday and last night's GDT auction.See omnystudio.com/listener for privacy information.

Fonterra appears to be advancing its plans to sell off Anchor, Mainland and its other consumer brands. The co-op hasn't decided whether or not to sell the brands to another business in a trade sale - or whether to list the in an IPO. NZ Shareholders Association CEO Oliver Mander weighs in on what Fonterra's next move could be. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Taranaki dairy farmer, and All Black stud breeder, comments on the Big Dry and Fonterra's latest emissions incentives and why he reckons he's not getting them.See omnystudio.com/listener for privacy information.

Fonterra dairy farmers will be able to earn cash for their climate efforts - beginning from June. The dairy giant has announced it will pay an extra 1-5 cents a kilogram of milk solids to farms that meet climate criteria, and more for some farms. The criteria takes into account emissions from cow feed, fertiliser, animals and drained peat soils - minus any carbon removed by trees and vegetation. Chair of Fonterra's Co-operative Council, John Stevenson, says this financial incentive will make a material difference to the farmers who receive it. LISTEN ABOVESee omnystudio.com/listener for privacy information.

In this quick bite, Fonterra CEO Miles Heller shares his insights on the company's outlook for 2025 and beyond. What are the key challenges facing this dairy giant? How is Fonterra positioning itself to handle global uncertainties, from geopolitical tensions to market volatility? Plus, get his perspective on shareholder value and the company's financial transformation since 2019. This quick bite is from our previous episode 'Beyond milk: Fonterra's next frontier' For more or to watch on youtube—check out http://linktr.ee/sharedlunch Investing involves risk. This episode is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. Information provided is general only and current at the time and does not take into account your circumstances, objectives or needs. We do not provide recommendations and you should always read the disclosure documents available to the product's issuer before making a financial decision. Our disclosure documents, including a Target Market Determination for Sharesies, can be found on our website. If you require financial advice, you should consider speaking with a qualified financial advisor. The views expressed by individuals are their own and Sharesies does not endorse any of the guests or the views they hold. See omnystudio.com/listener for privacy information.

It’s not just about milk anymore. Fonterra CEO Miles Hurrell opens up about steering the export giant through geopolitical turbulence, shifting consumer demands, and the push for sustainability. After a rocky ride in the late 2010s, Fonterra has refined what it’s selling and who it's selling to. With an aging global population and a wellness boom, Fonterra is ramping up investment in R&D to pursue products for health and medical nutrition. Miles describes the opportunities presented by Southeast Asia's growing middle class, even amidst Trump's looming tariffs and a shakier Chinese market. Plus, hear about Fonterra’s complex journey towards sustainability—trialling electric tankers, getting rid of coal, and the race to reduce methane emissions. For more or to watch on YouTube—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Limited (NZ) in New Zealand and Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) (collectively referred to as ‘Sharesies’). Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not personal financial advice and provides general information only. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.

In this episode of the AgCulture Podcast, Andy Macfarlane, a respected voice in agriculture and sustainability, shares his perspective on the evolution of Canterbury's farming systems. He talks about everything from managing irrigation to finding the right balance between environmental care and productivity. Andy highlights how New Zealand has responded to global market pressures and environmental challenges, offering fresh ideas on innovative farming practices, seed production, and sustainable water use. Don't miss this insightful conversation packed with practical tips and strategies for succeeding in agriculture today. Catch it now on all major platforms! This episode was sponsored by: SDG Precision Agriculture Meet the guest: Andy Macfarlane graduated from Lincoln University and is a strategic leader passionate about sustainable farming practices, biodiversity, and global agricultural innovation. As a director at ANZCO and Fonterra, he combines science with practical adoption strategies to enhance the New Zealand brand. With extensive experience in dairy, beef, and seed production, Andy's insights are invaluable for today's agripreneurs. Connect with our guest on Social Media: LinkedIn (00:00) Introduction (09:30) Sustainable irrigation systems (15:22) Shifts in land use (21:00) Advancing seed production (28:11) Environmental challenges (35:33) Role of technology (39:44) Final Questions

Fonterra’s president of global market ingredients reviews another great GDT auction with a 3.7% rise across the board (WMP +4.1%, SMP +4.7%). So, if $10 is locked in, what about $11 for 24/25?See omnystudio.com/listener for privacy information.

Fonterra is investing $150 million into electrification over the next 18 months. The collective says the projects across the North Island are a significant step towards its climate goals and operational resilience. It includes electric boilers at the Whareroa, Edgecumbe, and Waitoa sites - and more fleet decarbonisation. Fonterra's Director of Global Engineering, Chris Kane, says the rising costs of gas and carbon made it an opportune time to make the switch. LISTEN ABOVESee omnystudio.com/listener for privacy information.

A social media backlash is underway in the United Kingdom with well-known milk brands being poured down drains and people vowing never to buy them again.

Fonterra has taken to social media to reassure customers it is not using a feed additive designed to lower the climate impact of cows. Climate Change Correspondent Eloise Gibson reports.

Jarden's head of commodities comments on reversal in fortunes with last night's 1.4% increase in the GDT auction mirroring the fall in the first auction of the new calendar year (WMP 5%, SMP 2%, AMF -7.8%, Butter 2.2%, and Cheese 2.8%). Does this lock in Fonterra's $10 milk price? Which is where the futures market is currently sitting. See omnystudio.com/listener for privacy information.

The dairy sector's upbeat heading into the new year. Dairy prices are up 1.4% at the latest Global Dairy Trade auction, while Fonterra's still predicting farmgate milk prices to reach a record $10.50 midpoint this year. New Zealand's milk production in 2024 was also the highest in five years. Fonterra co-operative council chair, John Stevenson told Ryan Bridge it's looking really positive from an on-farm perspective. He says supplementary feed supplies, silage, and crops have had a good start to summer. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Leighton is on summer break, so we are highlighting some of his favourite guests from 2024. The legal fraternity in this part of the world is delighted at the Supreme Court's decision on Smith v Fonterra. But not everyone feels that way. In his inevitable style, Professor James Allan critiques the decision and the direction a collection of un-elected ex-lawyers are “usurping power to themselves at the expense of the elected branches of government”. As a specialist in constitutional law, Jim is in his element. We also spend words on SCOTUS and Trump. An important and essential commentary. File your comments and complaints at Leighton@newstalkzb.co.nz Haven't listened to a podcast before? Check out our simple how-to guide. Listen here on iHeartRadio Leighton Smith's podcast also available on iTunes:To subscribe via iTunes click here See omnystudio.com/listener for privacy information.

Miles Hurrell has been at the helm of Fonterra for five years now, and to say he's conducted a turnaround job is probably an understatement. 

At the end of each week, Mike Hosking takes you through the big-ticket items and lets you know what he makes of it all. Yoon Suk Yeol: 2/10 What the hell was that about? Joe Biden: 0/10 A liar and inexcusable, with any amount of damage not just to his reputation but to the party for Lord knows how long. Labour and AUKUS: 4/10 Having run with it in Government, nothing changes in between, and now it's off with no real explanation as to why. Notre Dame: 8/10 Five years and look at it! That is a restoration. Zelenskyy: 6/10 The first sign of concession. This thing will be negotiated away by this time next year. Eden Park: 9/10 More events! Gosh, who would have thought that was a good idea? Fonterra: 9/10 Come on! $10! And I am not sure there isn't more where that came from. LISTEN ABOVE FOR MIKE HOSKING'S FULL WEEK IN REVIEW See omnystudio.com/listener for privacy information.

2024 is coming to a close and with it the Coalition Government's first year in power. Prime Minister Christopher Luxon joined Mike Hosking for the last time this year to reflect on his first year as Prime Minister. In response to the reports that say New Zealand faces an investment gap with a growing population, Luxon says that it's a marvellous set of challenges. "The last 30 years, what we've had is a productivity disease," Luxon said. He said countries with similar populations are wealthier than New Zealand. "I've studied this for about 20 years and it comes down to about five things, it's education, science, technology, innovation. What you're seeing at Fonterra, they're really adding a lot of value to their product services, it's definitely infrastructure..." Luxon said as a country we are bad at attracting foreign investment. Hosking asked Luxon if he thinks people "truly understand how troubled this country is." "No," Luxon responded, referencing the past six years of previous government policy. "We run the country like it's 1975," Luxon said. Hosking said the mentality in the country is "the government will wipe my bum." There needed to be a "better quality economic engine" in place for New Zealand to be able to fund its public services better, Luxon said. In regards to his first year as Prime Minister, Luxon said it's been a great 12 months, but you don't really have time to digest it while you're in it. Hosking said his criticism of Luxon was that he hasn't gone hard enough, but the Prime Minister says problems are often more complex than they seem from the outside. "You can get very lost in it if you don't have great clarity," he said. "This Spotify wrapped of yours, are you a fraud?" Hosking asked, referencing that Luxon had previously said he was a country music fan and there was a lack of country music on his list of most listened-to songs and artists. "That was quite an accusation..." Luxon responded. Luxon defended himself by saying Post Malone and Dua Lipa have created a country song together and is one of his favourites. He called Post Malones new album the "best album of the year." He gave a shout-out to "Day of the Jackal," a TV series he was enjoying and joked with Hosking that they were supporting TVNZ+ by doing so. While the Prime Minister was in, Hosking gave him a Christmas gift that was "one of one" and a "prototype." It was a book titled "The Complete Guide to Surviving a Mike Hosking Interview." "That is genius," Luxon said. Luxon gave Hosking a Christmas card with a family photo on it and some "furikake seasoning," a Japanese seasoning typically made with toasted sesame seeds and nori. "People like me, who are men of the people, just use salt, I mean I come from a very humble background. "This is what really posh people do," Luxon said. "Absolutely love it," Hosking said in response to the gift. Luxon also gave Hosking a "special energy Voost" that was described as "posh Berrocca." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Siew Ting Foo is a transformational growth leader who builds businesses and brands with soul. Building Brands with Soul is also the title of her new book. During her 25-year career, she's worked with brands including Unilever, Mars Inc, Diageo, and HP. We discussed all of this and more this week on the On Brand podcast. About Siew Ting Foo Siew Ting  Foo is a transformational growth leader who builds businesses and brands with soul. She has focused most of her 25-year career on this mission by infusing human-centric growth strategies into brands including Unilever, Mars Inc. Diageo, Fonterra, and, most recently, HP Inc. As a female leader who has worked in global business and marketing roles, Siew Ting shares her experiences in her new book: Building Brand with Soul — from creating value for shareholders, humanizing growth strategies for global brands or leading groundbreaking initiatives that set industry benchmarks. Siew Ting has received recognition as a transformational business leader across the region who helped build businesses and brands with soul.  She was named consecutively 6 times as Asia's most purposeful and influential CMO and named Asia/China top women leader. The book is her continuous commitment to inspire and nurture the next generation of marketing leaders. From the Show What brand has made Siew Ting smile recently? Siew Ting shared two — e.l.f. Cosmetics and Jaguar! Connect with Siew Ting Foo on LinkedIn and her website. As We Wrap … Listen and subscribe at  Apple Podcasts, Spotify, Amazon/Audible, Google Play, Stitcher, TuneIn, iHeart, YouTube, and RSS. Rate and review the show—If you like what you're hearing, be sure to head over to Apple Podcasts and click the 5-star button to rate the show. And, if you have a few extra seconds, write a couple of sentences and submit a review to help others find the show. Did you hear something you liked on this episode or another? Do you have a question you'd like our guests to answer? Let me know on Twitter using the hashtag #OnBrandPodcast and you may just hear your thoughts here on the show. On Brand is a part of the Marketing Podcast Network. Until next week, I'll see you on the Internet! Learn more about your ad choices. Visit megaphone.fm/adchoices