Jamie Mackay: "Fonterra needs to drain the swamp"

Publish Date
Thursday, 13 September 2018, 10:38a.m.

Fonterra has reported its first annual loss since it was formed in 2001.

The dairy co-operative has reported a net loss of $196 million for the year to July.

Jamie Mackay, host of NewstalkZB's The Country, told Chris Lynch this loss is not unexpected at all based on the huge loss in the first six months of the year.


Mike Hosking Breakfast

Mike Hosking Breakfast

6a.m. - 9a.m.

Sponsored by