Allan Barber's guest appearances

Allan Barber

Early Edition with Kate Hawkesby

The Mike Hosking Breakfast

Elon Musk

Kamala Harris

Donald Trump

Julie Smith

Greta Thunberg

John Townsend

Phil Jones

Chris Henry

James Logan

Bernie Sanders

Matt Bell

Sean Palmer

Brad Olsen

Jennifer Lopez

Jeff Bezos

OwlTail

Fonterra's financial woes are being blamed on the way the cooperative was set up.It's expecting a loss of up to $675 million this financial year, after massive write-downs of its assets.Regional Economic Development Minister, Shane Jones, says Fonterra's management and board are to blame.However, agricultural commentator Allan Barber told Kate Hawkesby they have inherited a situation that was avoidable many years ago.He says overseas marketing of the product should've been part of a separate vehicle.“The present board and management have inherited a difficult situation because of decisions made under the previous leadership.”Barber says international companies like Danone and Nestle were set up to be food marketers.“ Fonterra was set up to be a milk processor that wanted to be a food marketer as well, but they have founds has it's far too expensive.”

Fonterra's financial woes are being blamed on the way the cooperative was set up. It's expecting a loss of up to $675 million this financial year, after massive write-downs of its assets. Regional Economic Development Minister, Shane Jones, says Fonterra's management and board are to blame. However, agricultural commentator Allan Barber told Kate Hawkesby they have inherited a situation that was avoidable many years ago. He says overseas marketing of the product should've been part of a separate vehicle. “The present board and management have inherited a difficult situation because of decisions made under the previous leadership.” Barber says international companies like Danone and Nestle were set up to be food marketers. “ Fonterra was set up to be a milk processor that wanted to be a food marketer as well, but they have founds has it's far too expensive.”

Allan Barber: Fonterra's management and structure blamed for massive financial loss