22-07-2014 09:52 AM | Australia

Fonterra to keep investing, despite dairy decline

Dairy giant Fonterra will invest $100 million into its Australian business to keep a hold on domestic supply.

The global producer will keep investing in Australian products despite a global decline in dairy trade by 9 per cent in July.

Managing director of Fonterra Australia, Judith Swales, says current volatility in dairy won't stop expansion.

“The demand is solid if you look at the changing behaviour of people in emerging countries.
Full Story : ABC Online