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    • Robotics team wins big in international competition October 16, 2018
      University robot rolls into the winner’s circle at international competition. BONNIE MOSEN reports. The post Robotics team wins big in international competition appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Blind patrons catered for at Nutcracker performances October 16, 2018
      The Nutcracker ballet will offer audio description to blind audience members. BONNIE MOSEN reports. The post Blind patrons catered for at Nutcracker performances appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • LISTEN: New Zealanders like their internet without limits October 15, 2018
      Broadband use is rising rapidly In this country. LEAH TEBBUTT reports. The post LISTEN: New Zealanders like their internet without limits appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Calls for change to benefit system October 15, 2018
      The Green Party wants an overhaul to the benefit system. LEAH TEBBUTT reports. The post LISTEN: Calls for change to benefit system appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Benefit system failing the most vulnerable October 15, 2018
      Green Party are changing the benefit system. LEAH TEBBUTT reports. The post Benefit system failing the most vulnerable appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Rainbow crossing a small step in the right direction October 15, 2018
      Members of the rainbow community say Wellington’s new rainbow crossing is a sign of visibility and pride for the capital. The crossing which was officially opened last week was a collaborative effort between the Wellington City Council and the rainbow community. Support group, Inside Out’s national coordinator, Tabby Besley says the crossing is important for […]
      Leah Tebbutt
    • On yer bike! October 15, 2018
      The post On yer bike! appeared first on NewsWire.co.nz.
      Jayden Tamarua
    • WATCH: Cats Protection League needs your help October 15, 2018
      Cashless society is bad news for Cats Protection League. COURTNEY DAY reports: The post WATCH: Cats Protection League needs your help appeared first on NewsWire.co.nz.
      Courtney Day
    • PHOTO ESSAY: Colourful crossing opened October 15, 2018
      A colourful street party marks the official opening of Wellington’s new rainbow crossing. MOLLY HANCOCK documents the occasion. The post PHOTO ESSAY: Colourful crossing opened appeared first on NewsWire.co.nz.
      Molly Hancock
    • LISTEN: Fun day highlights homelessness October 15, 2018
      A community fun day helps raise awareness on World Homeless day. NIKITA RAWNSLEY WRATT reports. The post LISTEN: Fun day highlights homelessness appeared first on NewsWire.co.nz.
      Nikita Rawnsley-Wratt
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Fonterra close to unveiling plans

The New Zealand Herald has a story about how Fonterra is expected to announce its second proposal for capital reform within the next fortnight.
 
Fonterra is facing pressure and increased competition from other dairy nations, including America, Ireland and the Netherlands.

It needs more moolah to stabilise its balance sheets against drought and other shooks and to advance its global growth ambitions into the highly lucrative ingredients and brands markets (see Paediatric and health and wellness nutrition, proteinised beverages and nutraceuticals and specialised cheeses).

The proposed restructure would be done in stages and take up to four years to achieve, says Fonterra chairman Henry van der Heyden (above right):

Dairy giant Fonterra is expected to unveil its second proposal for capital structure reform within days as the threat to its world-beating exporter status gathers pace in rival dairying countries.

Parties close to the capital structure reform plan indicated New Zealand’s biggest company would reveal the long-awaited proposal within a fortnight. READ MORE.

Speaking of the New Zealand dairy giant, Scoop has a story about how the price of milk powder jumped more tha 24% on its Cooperative Group’s online auction.  CLICK HERE to read more.

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NZX to launch futures market

Commodify Me! would like to draw your attention to a story by the NZPA that appeared on Stuff last month about the New Zealand Stock Exchange’s (NZX) plans to launch a  futures market for trading whole milkpowder in ‘The Land of the Long White Cloud’:

Stock exchange operator NZX is launching a futures market for trading whole milkpowder – but says the contracts will be settled only in cash, rather than physical delivery. READ HERE