A record shattering year for dairy industry
Two reports released yesterday gave measures of the farm sector’s healthy contribution to the national economy. Fonterra’s report on its impressive financial results and record payout for the year had more sizzle than sluggish GDP growth figures from the official statisticians. Executive Update’s economics correspondent Bob Edlin reports.
“We have in this country a capacity for egregious hypocrisy – we do it better than anyone,” says New Zealander of the Year Professor Sir Paul Callaghan, who has written a business plan for New Zealand – which doesn’t include winning the World Cup.






