Struggling dairy manufacturer Synlait has asked shareholders to vote in favour of a $130 million lifeline from Chinese shareholder Bright Dairy.

The company said a2′s vote would be influential in deciding if the critical shareholder loan needed to pay off bank debt due July 15 went ahead.

The Country's Rowena Duncum says the situation's looking dire for Synlait.

LISTEN ABOVE

Struggling dairy manufacturer Synlait has asked shareholders to vote in favour of a $130 million lifeline from Chinese shareholder Bright Dairy.
The company said a2′s vote would be influential in deciding if the critical shareholder loan needed to pay off bank debt due July 15 went ahead.
The Country's Rowena Duncum says the situation's looking dire for Synlait.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Rowena Duncum: The Country producer on Synlait asking shareholders for multi-million dollar lifeline

Rishi Sunak and Keir Starmer have clashed over taxes, employment and immigration in their final showdown.

Voters in the UK will decide next week who will lead the country through its next term.

Prime Minister Sunak says he understands why voters might be frustrated with his Conservative Party.

But he says the election's a choice with consequences for voters and the country - and before voters make it, they should think about what a Labour Government would mean.

UK correspondent Enda Brady unpacked the debate further.

LISTEN ABOVE

Rishi Sunak and Keir Starmer have clashed over taxes, employment and immigration in their final showdown.
Voters in the UK will decide next week who will lead the country through its next term.
Prime Minister Sunak says he understands why voters might be frustrated with his Conservative Party.
But he says the election's a choice with consequences for voters and the country - and before voters make it, they should think about what a Labour Government would mean.
UK correspondent Enda Brady unpacked the debate further.
LISTEN ABOVE

Enda Brady: UK correspondent on Rishi Sunak and Keir Starmer clashing in their final debate before the election

Denmark is moving ahead on plans to introduce a carbon tax on agriculture, with cattle farmers facing additional charges as a result.

The bill suggests that farmers would be taxed at 300 DKK ($70) per ton of CO2 equivalent emitted from 2030, moving to 750 DKK ($177) by 2035.

The Country's Jamie Mackay says the farmers will be unlikely to take this lying down - and they love a good protest.

LISTEN ABOVE

Denmark is moving ahead on plans to introduce a carbon tax on agriculture, with cattle farmers facing additional charges as a result.
The bill suggests that farmers would be taxed at 300 DKK ($70) per ton of CO2 equivalent emitted from 2030, moving to 750 DKK ($177) by 2035.
The Country's Jamie Mackay says the farmers will be unlikely to take this lying down - and they love a good protest.
LISTEN ABOVE

Jamie Mackay: The Country host on Denmark's plan to introduce a carbon tax on agriculture

International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.

BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.

NZ Herald business editor at large Liam Dann unpacked this research further.

LISTEN ABOVE

International research group BMI has lowered its GDP growth forecast for New Zealand for 2024 - and warned of economic challenges to come.
BMI predicted the nation's GDP would grow by just 1 percent this year, down 0.2 percent from previous estimates.
NZ Herald business editor at large Liam Dann unpacked this research further.
LISTEN ABOVE

Rowena Duncum: The Country producer on Synlait asking shareholders for multi-million dollar lifeline

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