By Christopher Adams, NZ Herald Fonterra chief executive Theo Spierings says a “she’ll be right attitude” was one of the causes of the company’s botulism fiasco. Business leaders have gathered in Auckland today for the annual China Business Summit. The event’s main focus this year is the ongoing impact of Fonterra’s whey protein contamination scare, which led to a global …

The Reserve Bank’s restrictions on low-deposit home loans won’t have much impact in alleviating pressures in a housing market driven by a shortage of land and high local authority compliance costs, says ANZ New Zealand chairman John Judge. Judge, chairman of New Zealand’s biggest lender, was speaking at Fletcher Building’s annual meeting in Auckland, where he is a director. “The …

Fletcher Building forecast earnings before interest and tax for 2014 of between $610 million and $650 million, saying there has been no improvement in Australia and weak trading is being compounded by a strong kiwi dollar. “In Australia, there has been no noticeable improvement in volumes since the new financial year began and our prognosis for the year is for …