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HISTORICAL FACTS: Fonterra - Caught on Camera

Treasury proposes ESG restrictions for Trump Accounts

In this week’s edition of Economy and Society:

Ballotpedia

How New Zealand became global laboratory for climate friendly cows

The government and industry are investing heavily to support these crucial climate initiatives. Widespread adoption of these technologies could reshape global agriculture practices.

The Economic Times

Changing climate law to prevent civil cases removes a key protection for NZ citizens

The government’s plan to change the law to bar claims for harms from greenhouse gas emissions shuts down New Zealand’s most important climate tort case, meaning it will never be decided on its merits.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Climate-neutral’ milk to solar-powered factories: How meat and dairy giants greenwash their image

Study finds most of the claims made by 33 of the largest meat and dairy companies can be categorised as misleading, unverifiable or unsupported by evidence

The Independent UK

Butter wars: ‘nothing cures high prices like high prices’ – but will market forces be enough?

The alarming rise of butter prices has become a real source of frustration for New Zealand consumers, as well as a topic of political recrimination. The issue has become so serious that Miles Hurrell, chief executive of dairy co-operative Fonterra, was summoned to meetings with the government and opposition parties…

The Conversation

NZ’s dairy industry faces an uncertain future – its fate now lies in its ability to adapt

New Zealand’s dairy sector faces an uncertain future due to several challenges, including water pollution, high emissions, animal welfare concerns and market volatility.

The Conversation

Farewell Anchor, Fresh'n Fruity and Mainland: what’s behind Fonterra’s decision to sell its consumer brands?

Fonterra caught the business world by surprise last week with plans to sell off its consumer brands and businesses – including supermarket mainstays such as Anchor, Fresh'n Fruity and Mainland. The move has been described as the “most dramatic major structural change” in the company’s 23-year history.

The Conversation

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Dairy farmers concerns at Fonterra's 'step change'

Dairy farmers say the news that dairy giant Fonterra is considering selling its Australian processing assets creates industry uncertainty.

AAP

Banks driving increase in global meat and dairy production, report finds

Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production

The Guardian - UK

The Māori climate activist breaking legal barriers to bring corporate giants to court

In a landmark case, Mike Smith has won the right to sue seven of the country’s biggest companies over their alleged contributions to climate change

The Guardian - AU

Restoring ecosystems to boost biodiversity is an urgent priority – our ‘Eco-index’ can guide the way

Biodiversity continues to decline globally, but nowhere is the loss more pronounced than in Aotearoa New Zealand, which has the highest proportion of threatened indigenous species in the world.

The Conversation

Pay deal averts six-day strike by dairy workers

A deal between a major milk processor in Victoria and the union representing milk workers over pay and conditions has halted a planned strike.

AAP

Victorian dairy workers say they want to ‘keep communities alive’ amid industrial dispute

Processing workers who went on strike this week were fighting for the right for community consultation, as well as a 5% pay rise

The Guardian - AU

Supermarkets deny milk shortages as strike continues

Coles and Woolworths have rejected reports of milk shortages as 1400 dairy processing workers continue their strike for better pay and conditions.

AAP

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AAP

Dairy workers walk off the job over pay, conditions

More than 1400 workers demanding improved wages and conditions are walking off the job at 13 sites across Victoria.

The Guardian - AU

Woolworths working on ‘contingency plans’ for milk supply as Victorian dairy workers strike

Some truck drivers walked off the job on Tuesday, ahead of planned strike of 1,400 workers

AAP

Dairy workers to walk off the job for better pay

Victoria's dairy industry is reassuring consumers ahead of a two-day strike by more than 1400 workers for improved wages and working conditions.

The Conversation

New Zealand’s carbon emissions are on the way down – thanks in part to policies now under threat

It may have been largely overlooked in the election debates, but New Zealand’s greenhouse gas emissions are finally on the way down.

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The Independent UK

Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought

ABC News

Dairy farmers to lose thousands as milk processors slash price offerings by up to 10 per cent

As opening prices from the country's major milk processors were slowly released over the past two weeks, news they have slashed offers to farmers have sent sour waves of anger rippling through the industry.

ABC News

Dairy farmers' Fonterra class action payout slashed after $12 million for legal fees, funders

Dairy farmers who were part of a class action over slashed milk payments in 2016 estimate they will get about 10 per cent of what they lost.

ABC News

Bulla Dairy Foods announces opening farmgate milk price as farmers continue to exit industry

The first farmgate milk price for the new dairy season is released, nine days before the deadline for processors to publish minimum prices.

The Conversation

NZ industry burns the equivalent of 108 litres of petrol every second – that has to reduce to meet our carbon targets

New Zealand burns the equivalent of 108 litres of petrol every second in coal and natural gas to generate heat for industrial processes. This burning of fossil fuels for industrial heat generates 28% of New Zealand’s energy-related emissions.

ABC News

Shoppers warned to expect price jump for Aussie cheese, butter, and other dairy products

Dairy lovers could be paying more for their favourite cheese, yoghurt, butter and cream in the coming months and eating fewer local products, industry experts warn.

ABC News

New Zealand dairy manufacturer Fonterra bans bobby calf slaughter, but Australian arm rejects move

Male dairy calves are considered to be a "waste product" in milk production and are frequently euthanased on-farm. Now, dairy manufacturer Fonterra says improved animal welfare for calves is what consumers expect.

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