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New Zealand’s Co-op Bank grows annual profit to more than $20m

'We have seen strong growth in home loan customers, and we are proud to have helped…

New strategic direction for New Zealand dairy co-op Fonterra

'We believe we can grow further value for the co-op by focusing on being a business-to-business…

Fonterra to merge New Zealand and Australian businesses

The new business will be known as Fonterra Oceania

Woccu urges for proportional regulation for New Zealand’s credit unions

New Zealand has five credit unions serving 150,000 members

End of year Q&A: Roz Henry, CEO, Cooperative Business New Zealand

'This past year has seen a significant increase in groups looking to establish co-op as a…

NZ dairy co-op Fonterra announces target for on-farm climate emissions

'The co-op’s approach will be to work alongside farmers, not against them, as we collectively make…

Fonterra doubles profit to $1.6bn but warns of falling farmgate milk price

'We are aware that there are challenging conditions on the ground for many of our farmers,'…

Fonterra aims for $1bn cost savings as global dairy price slumps

'This goal will help offset higher inflation expectations and we intend to achieve it through a…

New Zealand Co-operative Bank shares NZD $2.5m profit with customers

The bank reported an underlying profit of $20.6m before rebates and tax

Climate crisis: Dairy co-op Fonterra steps up emission reduction goals

The dairy co-op is now aiming for a 50% reduction in its Scope 1 and 2…

New Zealand’s Co-operative Bank tops customer satisfaction survey

The bank ranked first in each of the 13 major satisfaction areas, including value for money,…

Fonterra announces return to farmers from asset sale and interim profits hike

'Our co-op’s scale and diversification across channels and markets has enabled us to navigate through disruption'