Murray Goulburn proposal to delist MG unit trust
The Murray Goulburn Co-operative has put forward a proposal to delist the MG Unit Trust (ASX:MGC) from the ASX. The dairy Co-op says based on inquiries with insurance advisors it expects the business could significantly reduce future insurance premiums by delisting. The Board of the Murray Goulburn is set to seek approval from unitholders in […]
Farmer fury over ‘lenient’ fine handed to former Murray Goulburn chief Gary Helou
DAIRY farmers are outraged over a lenient penalty handed out to former Murray Goulburn managing director Gary Helou over misleading milk suppliers on the 2015-16 milk price.
GrainCorp's John Wylie once 'formidable pair' with Murray Goulburn's Gary Helou
It took 31 months for the Australian Competition & Consumer Commission to extract an admission of wrongdoing from Murray Goulburn’s rambunctious former chief executive Gary Helou.
ADF president Terry Richardson says sale of Murray Goulburn watershed for Australian dairy industry
It has been a big year for the dairy industry and Australian Dairy Farmers – sometimes difficult, but often rewarding.
Former Murray Goulburn MD Gary Helou to pay $200,000 penalty
The Federal Court has ordered former Murray Goulburn Co-operative Managing Director Gary Helou to pay $200,000 in penalties for being knowingly concerned in Murray Goulburn’s false or misleading claims about the farmgate milk price it expected to pay dairy farmers during the 2015-16 milk season.
Murray Goulburn to settle with ACCC on milk price case
Murray Goulburn (MG) has agreed to settle a court case brought by the competition watchdog over allegations it misled farmers about how much they would be paid for their milk in 2016, triggering the dairy crisis.
Murray Goulburn: Gary Helou likely to face fines following ACCC settlement
Failed dairy processor Murray Goulburn has reached a settlement with the Australian Competition and Consumer Commission (ACCC) which will likely see former managing director Gary Helou fined.
Murray Goulburn ASX-listed units in demand by investors
A SYDNEY investor has spent $15 million buying units in the Murray Goulburn Unit Trust during the past year.
Murray Goulburn Koroit plant sale spells milk fight
STRONG competition is expected in the Western District for dairy farmers’ milk in the wake of the sale of Murray Goulburn’s Koroit plant to Bega Cheese.
Saputo released MG financial accounts, questions arise about why MG sold
MURRAY Goulburn had nearly $170 million sitting in the bank just months after saying it had no money to pay farmers extra for their milk and the business had to be sold to Saputo Inc.