Fonterra's confident it will be able to make the best of bad global circumstances.  

The dairy giant has reported a 2.8% lift in first-half net profit to $750 million.  

It's also announced a 20 cent increase in the farmgate milk price with a midpoint now sitting at $9.70 per kilo of milksolids.  

Chief Executive Miles Hurrell says the war in Iran creates uncertainty.   

Fonterra Co-operative Council Chair John Stevenson told Ryan Bridge that farmers are certainly worried. 

He says the key thing will be seeing how the company deals with the war and the potential impact. 

LISTEN ABOVE 

Fonterra's confident it will be able to make the best of bad global circumstances. &nbsp;
The dairy giant has reported a 2.8% lift in first-half net profit to $750 million. &nbsp;
It's also announced a 20 cent increase in the farmgate milk price with a midpoint now sitting at $9.70 per kilo of milksolids. &nbsp;
Chief Executive Miles Hurrell says the war in Iran creates uncertainty. &nbsp;&nbsp;
Fonterra Co-operative Council Chair John Stevenson told Ryan Bridge that farmers are certainly worried.&nbsp;
He says the key thing will be seeing how the company deals with the war and the potential impact.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

John Stevenson: Fonterra Co-operative Council Chair on the company's jump in profits, potential impact of the war

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a4f668ca-f228-4efd-a5e4-b41601709c69/transcript

NZ20 has triumphed, but the administration disaster at New Zealand Cricket continues. 

Former Black Cap Dion Nash —understood to have been against the local franchise league that has been provisionally accepted— has resigned from NZC's board. 

A statement says Nash was no longer aligned with the future direction of the organisation. 

NZ Herald Sports Reporter Alex Powell told Ryan Bridge that it’s not surprising to see Nash falling on his sword. 

He says it was sort of known behind the scenes that he was the one board member really against NZ20, and without him, they could’ve come to this conclusion a few months ago. 

LISTEN ABOVE 

NZ20 has triumphed, but the administration disaster at New Zealand Cricket continues.&nbsp;
Former Black Cap Dion Nash —understood to have been against the local franchise league that has been provisionally accepted— has resigned from NZC's board.&nbsp;
A statement says Nash was no longer aligned with the future direction of the organisation.&nbsp;
NZ Herald Sports Reporter Alex Powell told Ryan Bridge that it’s not surprising to see Nash falling on his sword.&nbsp;
He says it was sort of known behind the scenes that he was the one board member really against NZ20, and without him, they could’ve come to this conclusion a few months ago.&nbsp;
LISTEN ABOVE&nbsp;

Alex Powell: NZ Herald Sports Reporter on NZ Cricket backing NZ20, Dion Nash resigning from the board

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/83607da7-608f-470c-9060-b41601741776/transcript

Calls for New Zealanders to remain level-headed at the pump as the Government moves to improve our fuel supply.  

It's changing fuel specifications so importers have the option to bring in fuel refined to Australian standards.   

The announcement comes as petrol surpasses four dollars a litre at some stations.  

Transporting New Zealand CEO Dom Kalasih told Ryan Bridge we don't need to be discussing rationing yet. 

He says there's been some short-term disruptions at some truck stops, but we have six weeks left of fuel in the country with ships on the way. 

LISTEN ABOVE 

Calls for New Zealanders to remain level-headed at the pump as the Government moves to improve our fuel supply. &nbsp;
It's changing fuel specifications so importers have the option to bring in fuel refined to Australian standards. &nbsp;&nbsp;
The announcement comes as petrol surpasses four dollars a litre at some stations. &nbsp;
Transporting New Zealand CEO Dom Kalasih told Ryan Bridge we don't need to be discussing rationing yet.&nbsp;
He says there's been some short-term disruptions at some truck stops, but we have six weeks left of fuel in the country with ships on the way.&nbsp;
LISTEN ABOVE&nbsp;

Dom Kalasih: Transporting NZ CEO on the Government announcing cost relief measures to tackle fuel crisis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/63316d72-476e-4fbb-aafc-b416011c8d44/transcript

On the Early Edition with Ryan Bridge Full Show Podcast Tuesday the 24th of March 2025, the Government's announced its first change to help us from running out of fuel, Transporting NZ CEO and Former Z Energy Logistics Manager Dom Kalasih shares his thoughts. 

NZ Cricket's made the decision to move ahead with NZ20, NZ Herald Sports Journalist Alex Powell tells Ryan what this means for the game. 

Fonterra's posted a $750 million profit; Fonterra Co-operative Council Chair John Stevenson shares his thoughts. 

Plus, Australia Correspondent Lesley Yeomans has the latest on fuel shortages across the ditch and thousands of journalists at the ABC are going on strike from Wednesday. 

Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts.          

LISTEN ABOVE

On the Early Edition with Ryan Bridge Full Show Podcast Tuesday the 24th of March 2025, the Government's announced its first change to help us from running out of fuel, Transporting NZ CEO and Former Z Energy Logistics Manager Dom Kalasih shares his thoughts.&nbsp;
NZ Cricket's made the decision to move ahead with NZ20, NZ Herald Sports Journalist Alex Powell tells Ryan what this means for the game.&nbsp;
Fonterra's posted a $750 million profit; Fonterra Co-operative Council Chair John Stevenson shares his thoughts.&nbsp;
Plus, Australia Correspondent Lesley Yeomans has the latest on fuel shortages across the ditch and thousands of journalists at the ABC are going on strike from Wednesday.&nbsp;
Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
LISTEN ABOVE

Full Show Podcast: 24 March 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b1ebac2e-f5eb-4565-97c8-b416011a9461/transcript

John Stevenson: Fonterra Co-operative Council Chair on the company's jump in profits, potential impact of the war

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