Canterbury Mornings

Jamie Mackay: "Fonterra needs to drain the swamp"

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Sinopsis

Fonterra has reported its first annual loss since it was formed in 2001.The dairy co-operative has reported a net loss of $196 million for the year to July.Jamie Mackay, host of NewstalkZB's The Country, told Chris Lynch this loss is not unexpected at all based on the huge loss in the first six months of the year.