AN ONLINE petition calling for Fonterra to pay back their suppliers has attracted more than 19,500 signatures in a couple of weeks.
Read More
Fonterra, the world’s largest dairy exporter, posted revenue of $13.9bn (€8.75bn) for the first nine months of 2016/17, which is up by 8% on the same period last year.
Read More
“Picture a situation like what Fonterra did to us in a different work environment. It would be illegal to take money back from someone after they have already been paid for supplying goods,” Mr Jones said.
Read More
A short video by David Burstyner recounting a recent conversation with a Fonterra supplier and a Fonterra representative..
Read More
Angry Aussie Farmers are taking action and Fonterra is their focus.
Read More
“They should pay back everything they took from farmers in financial year 2015-16 – some farmers lost over $1 a kilogram and we lost a great deal more than 40 cents,” Ms Singh-Mahil said
Read More
Australian Dairy Farmers (ADF) has questioned Fonterra's and Murray Goulburn's decisions to not reimburse farmers who no longer supply them for last year's clawbacks.
Read More
A class action is currently underway against Fonterra and Ms Singh-Mahil said she would now be joining the legal action.
Read More
Farmers said the decision saw Fonterra trying to “pass off” the 40c bonus, which had numerous conditions attached, as matching Murray Goulburn’s current milk price.
Read More
Fonterra has a legal obligation, under the Bonlac supply agency agreement, to match or make higher payments than Murray Goulburn (MG)
Read More
Lawyer David Burstyner explains what decisions from dairy companies mean for possible legal action
Read More
Mr Burstyner has Fonterra suppliers on his books who will continue with a class action up until that company, like Murray Goulburn, agrees to forgive its loan scheme and repay farmers
Read More
Fonterra farmers yesterday vowed to pursue legal action against the NZ processor if Mr Dedoncker does not commit to pay the full $50m-$60m now owing to milk suppliers.
Read More
"If the old board members won’t resign, the ACCC actions give the new chair reason to demand so" says Paul Mundy, a Cobram East Murray Goulburn supplier.
Read More
LORRAINE Robertson loathed the idea of sending milk to Fonterra below the cost of production last season.
Read More
There was speculation the Maffra and Rochester plants will be shut, and concerns over the future of the Kiewa facility.
Read More
Australia’s largest milk processor today issued a statement saying it would “forgive” the MSSP in order to “mitigate the risk of further milk loss”.
Read More
After major milk processors Murray Goulburn and Fonterra lowered prices below the cost of production in May last year, the Robertsons, who supply to Fonterra, said they “didn’t see a milk cheque” as their business equity dropped by $200,000.
Read More
Fonterra Australia milk supply manager Matt Watt would not be drawn on whether Fonterra, which claims to be paying more than Murray Goulburn, could guarantee it would not cut its price before the end of the season
Read More
Along with other multinationals such as Unilever and Nestle, Kellogg’s and Fonterra already had their suppliers on 90-day terms, a punishing delay for family businesses who have to pay staff and a slew of other costs within the month.
Read More