Fonterra has announced its going to merge its New Zealand and Australian businesses. In an update to the NZX, chief executive Miles Hurrell said Fonterra Brands New Zealand (FBNZ) and Fonterra Australia will merge on 1 May to form Fonterra Oceania. zealand vs australia https://www.rnz.co.nz/news/business/509578/fonterra-to-merge-new-zealand-and-australian-businesses