Fonterra Australia reaches agreement for production workers
Following several months of negotiations, Fonterra Australia is pleased to confirm that an in-principle agreement has been reached with the United Workers’ Union to support production workers at our Cobden, Stanhope and Darnum sites.
Fonterra Australia supports customers, farmers and employees during industrial action
The United Workers’ Union have advised that some Fonterra Australia production workers at our sites in Cobden, Darnum and Stanhope in Victoria will take industrial action on Wednesday 18 and Thursday 19 October 2023.
Australia FY23 Results
Fonterra Australia delivered EBIT of NZ$75 million (AU$69.3 million) in FY23, while paying a record-high milk price for Australian farmers and managing an operating cost increase of 23% on FY22.