Latest from Business

Fonterra outlines another South Island plant upgrade

The new factory at Edendale will create an additional 70 jobs.

Liquidators appointed to investigate Waitonui Group

The company operates three large dairy farms - one in Taupō and two in North Otago.

'Perfect storm': The impact of drought in Hurunui district

Feed supply has been sapped bare in the drought-stricken Hurunui district.

Red meat: United States top market four months in a row

China remained the second-largest market in July but fell by 37%.

First look: Inside Northland oil refinery post-shutdown

Marsden Point was once a hive of activity – now it's quiet and pipes are rusted.

NZ Rural Land resumes dividends after profit boost

Revaluations have boosted NZ Rural Land's first half profit.

'Really exciting': Commercial seaweed planting in Coromandel

'We are trying to establish an economically viable seed-to-sale seaweed industry.'

Bremworth carpet maker to reinstate part of cyclone-hit Napier plant

'We are at the moment hand-picking parts of the factory to reinstate.'

'An added expense': 12 more buildings deemed earthquake-prone around Napier

“It’s just one of those things we have to do and we will do it as time and cash permits."

Fonterra lifts forecast milk price, tips 'strong' full-year dividend

Hurrell says earnings expected to be at the top end of forecast range.

'Extremely infectious' tomato virus raises fears for NZ growers

Tomatoes NZ says the virus spreads easily and could spell up to 80% of crop losses here.

Synlait chair defends capital raise plan, says Pōkeno decision imminent

Cash-strapped Synlait has outlined details of its plan to pay off debt.

Zespri continues crackdown on illegal kiwifruit plantings in China

Chinese growers have been illegally planting Zespri's SunGold or G3 since 2016.

Dairy prices jump 5.5% in latest GDT event

The sixth event of the new dairy season has the largest percentage lift since March 2021.

High energy prices threaten 230 jobs at Winstone Pulp International

If the plan goes ahead 230 people would lose their jobs.

'It's having an impact': NZ sheep numbers continue to fall

'Unfortunately, we're not seeing anything that will signal a sharp turnaround.'

A2 Milk disappoints, despite 7.7% lift in profit

A2 Milk's share price just got slammed, despite reporting a strong annual result.

A2 Milk profit up by 7.7%, share price drops sharply

The infant formula company has lifted its annual net profit.