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Tax reforms could hurt co-op sector, warns New Zealand apex

Cooperative Business New Zealand has urged policymakers to recognise member-owned businesses in new shareholder loan rules

Fonterra farmers back capital return plan from Mainland sale

The dairy co-op expects the sale of the business arm to be complete in the first…

Fonterra aims for $2 per share return on sale of Mainland business

The co-op is also looking to recruit more farmers to its organic business which is expanding…

New Zealand co-ops apex to host leaders summit to talk growth

Co-op and mutual leaders from all sectors will discuss the future of the movement

New Zealand’s Co-op Bank pays customers $7.225m over excessive fees

The bank was found to have charged 12 unreasonable fees across its lending products involving home…

Fonterra’s farmer-owners approve sale of global consumer business

The New Zealand dairy co-op giant is selling its Mainland Group arm to Lactalis for $4.22bn

New Zealand agri co-op Alliance to sell 65% stake to Irish company

A vote put to farmer-owners saw 87% approval for the $270m part-demutualisation deal with Dawn Meats

Fonterra increases divi as it reports annual revenue of $26bn

The co-op says it is continuing investments as it seeks to become 'the source of the…

New Zealand’s co-ops ‘punch above their weight’, says sector report

Figures from Cooperative Business New Zealand show co-ops are more resilient than other businesses, boosting prosperity…

Co-op Bank of New Zealand replaces core system to chase growth

New Zealand’s Co-operative Bank is replacing its core banking system in a “major investment” as it…

Fonterra opens first electrode boiler in bid to cut climate emissions

The New Zealand dairy co-op plans to invest $70m in two new electrode boilers as part…

New Zealand’s Co-op Bank tops consumer satisfaction survey

The customer-owned bank has been voted No.1 by customers in the Consumer People’s Choice Award for…