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Jamie Gray
Business Reporter
Business reporter, NZ Herald
We are your advocate, Aotearoa. Uncovering stories that matter, asking hard-hitting questions of those in power, live-blogging sport events, monitoring the highs and lows of the NZX and providing Premium expert opinion and analysis. Bringing you distinctive, quality journalism and breaking news from across New Zealand and around the world. With specialists working together to create indepth reads, engaging video, and unmissable podcasts.
Check out Jamie’s latest content
Danone NZ beats Fonterra, A2 Milk to US infant formula approval
France's Danone has won FDA approval to send NZ made formula to the US.
Meat industry unimpressed with NZ-EU free trade deal
"Slap in the face," Feds say, but Zespri happy with new EU deal.
NZ King Salmon pours cold water on takeover talk
The salmon farmer said it had not been approached regarding a potential takeover.
NZ King Salmon's Blue Endeavour may require a capital raise
If it goes ahead, the first possible harvest for Blue Endeavour would be in 2027.
Redwood gains a toehold in central NI forest plantations
Coastal redwood is growing in popularity as a plantation species for carbon and timber.
How a tweet from Joe Biden injected life into a2 Milk's share price
A2 Milk's share price sparked back into life after a tweet from US President Joe Biden.
Me Today to raise funds after reporting $17.8m loss
Manuka honey company Me Today wants to raise funds after reporting a $17.8m loss.
Fonterra sticks to earnings forecast despite 9-mth profit fall
Fonterra has pitched its milk price forecast for 2022/23.
A2 Milk faces 3rd class action claim over disclosure
A class action law suit has been filed with the Auckland High Court against a2 Milk.
Dairy's risk to NZ financial system 'has diminished' - Reserve Bank
Very strong dairy prices have seen farmers reduce debt, the Reserve Bank says.
Meat market feels the pinch of high inflation - Alliance
Alliance says its exports to the US are holding up, despite high inflation.
Rise of the machines: Covid-19 shines a spotlight on automation
Covid-19 has given a fresh push to automation.
China's Covid-19 lockdowns weigh on dairy auction prices
Dairy prices are falling as demand from China declines due to Covid lockdowns.
Continuous Disclosure: Will a2 Milk ever pay a dividend?
The Herald's investment podcast looks at the rise and fall of a2 Milk.
Fonterra's Soprole doubled net profit in 2021
Fonterra-owned Chilean food group Soprole is up for sale.
NZ King Salmon sinks to $73m loss, plans rights issue
Higher sea temperatures played a part in NZ King Salmon falling to a $73m loss.
Napier Port says steep drop in cargo volumes will curb half year profit
Napier Port expects to see a drop in first half profit due to supply chain disruption.
Synlait's first-half profit leaps 128 per cent, sees challenges ahead
Dairy manufacturer's earnings jump up but external factors could impact full-year result.
Where to now? NZ carbon price hits $70 per NZU at auction
Today's auction price was an improvement on the previous sale price in December.
NZX milk price futures break over $10/kg
NZX milk price futures break over $10/kg for the first time since 2016.
NZ's runaway carbon price comes to an abrupt halt
Prices in the UK and Europe have also crashed.
Record fertiliser prices seen pushing higher still on Russia-Ukraine conflict
Fertiliser prices are likely to push higher still on the Russia-Ukraine conflict.
Farmers welcome proposed changes to NZ carbon farming regime
Farmers and environmentalists have welcomed proposed changes to carbon farming rules.
Dairy prices jump to highest point on record
Dairy prices are were once again sharply higher at this morning's auction.
Stock Takes: Reporting season - so far, so good, and the verdict on a2 Milk
Mid-way through the reporting season, company reports have generally been positive.
PGG Wrightson posts record first-half profit, lifts dividend
PGG Wrightson's share price rallied on the positive result.
A2 Milk sees green shoots of recovery after first-half profit slump
A2 Milk expects its revenue to improve in the second half of its earnings year.
A2 Milk first half profit drops 53%, sees revenue growth
A2 Milk says the results were in line with expectations but conditions still challenging
No let-up seen for a2 Milk's earnings in first half
A2 Milk is expected to reveal difficult trading conditions in is first half result.
Skellerup lifts half-year profit, on track for record year
The rubberware manufacturer has successfully overcome Covid-19 disruptions.
Fonterra runs the numbers after dairy prices go on a tear
Westpac has revised up next year's milk price forecast after another strong dairy auction.
Dairy prices jump at GDT auction, Westpac picks $9.50 milk price
Dairy prices firmed again at this morning's GDT auction.
NZ King Salmon cuts forecast after warm seas lift fish mortality rates
Full-year results for 2022 and 2023 will be affected.
A2 Milk share price rallies on takeover talk
Canadian dairy giant Saputo is set to announce a sizeable acquisition target in Australia.
Fonterra raises milk price range to record level
Fonterra would contribute $13.8 billion to the New Zealand economy this season.
What China's declining birth rate means for NZ's infant formula makers
Latest numbers came as a shock to NZ's $1.85 billion infant formula export industry.
How the man from McKinsey ended up running NZ's biggest farm
Steve Carden is on the move after 8 years at the helm of state-owned Landcorp.
Watch: How many engineers does it take to change a turbine?
Genesis is upgrading turbines at a remote East Coast power station.
Alliance Group lifts annual profit while juggling logistics
Strong pricing and demand in Alliance's main markets helps despite challenges.
Hopeful a2 Milk shareholders leave empty-handed after AGM
Red-hot growth likely a thing of the past for alternative milk company, says chairman.
Napier Port net profit hits record $23.2m despite Covid disruption
Revenue rose to $109.5 million.
NZX milk price futures break through $9/kg
While all dairy farmers should be making money at $9.00/kg, costs had escalated too.
NZ wool industry consolidates with WNZ, CPW merger
The NZ wool will industry consolidate after farmers approved a merger of WNZ and CPW.
Banks diversify their NZ agri debt away from dairy - RBNZ
New Zealand's banks are lending more towards other sectors, like horticulture.
Stock Takes: Why we shouldn't fear the taper
The US Federal Reserve's tapering of its bond buying programme is fast approaching.
What's behind A2 Milk's more modest growth path
A2 Milk has outlined a more modest growth path, involving slimmer margins.
Analysis: What a2 Milk investors need to hear this week
A declining birth rate in China has caused a slump in the former high-flier's share price.
'Back to the future' for NZ-UK trade ties?
NZ's primary export and business sectors have welcomed the new trade deal with the UK.
A2 Milk shares tumble after news of lawsuit
A2 Milk's share price has fallen after class action was filed against it.
Former Bremworth CEO's $500k golden goodbye
Paul Alston joined the company in 2012, and has been CEO since 2015.
NZ lamb trade gets a boost from Northern Hemisphere demand
Alliance Group says lamb prices are strengthening and North American demand is growing.
A2 Milk's Mataura Valley to go 100% electric
A2 Milk's Southland-based Mataura Valley is to go 100 per cent electric.
Rua Bioscience wins certification to make medicinal CBD
Rua Bioscience has won certification to start making medicinal cannabis product.
Synlait's road to redemption after first loss in 9 years
Synlait expects to return to robust profitability soon after reporting a $28.5m loss.
Synlait reports $28.5m loss, appoints Miraka's Watson as CEO
The dairy processor has reported an annual net loss.
Millions at stake: What does the future hold for carbon?
The price of carbon has doubled in two years. So, what do the main players say?
Red ink beckons for Synlait, Pacific Edge's awkward moment
Expect to see some red ink from Synlait's annual result on Monday.
Fonterra Fund's chair pushes back on capital plan
The sharemarket liked Fonterra's result, but plans for the fund drew some pushback.
Fonterra profit drops by $60m million to $599m, sees strong milk prices
Dairy giant Fonterra has reported its result for the 2020/21 financial year.
GDP surges 2.8% - economy was booming before lockdown
GDP data for the second quarter to June 30 points to an economy close to overheating.
Syndicator MyFarm launches fund to finance carbon sinks
Fund seeking an initial $15.2 million to buy up to 1,500 hectares of land.
Strong dairy prices at GDT support Fonterra forecast
A strong GDT auction is expected to be supportive for Fonterra's milk price forecast.
NZ futures market points to lift in dairy prices after slump
The market since March has been caught on the hop by higher production over autumn.
NZ carbon price hits $59/tonne after strong auction
At today's level, the price is more than double where it was in March 2019.
Level 4 lockdown to set log export supply chain back 18 months
The latest level 4 lockdown has thrown a spanner in the works for NZ's log exports.
A2 shares slide as profit plunges 79 per cent
A2 Milk has reported a 79 per cent fall in its annual net profit due to Covid disruption.
Napier Port lifts Q3 earnings, no end in sight for supply chain disruption
Log exports have boosted Napier Port's Q3 earnings.
Scales lifts first half profit, upgrades forecast for year
Scales has reported its first half result.
A2 Milk gets a shot at redemption with annual result
All eyes will be on a2 Milk when it reports its annual result on Thursday.
Nation of debt: How farmers have deleveraged after Reserve Bank warning
Decision to pay down debt rather than invest and expand has farmers on firmer footing.
Skellerup's net profit hits a record $40.2m
Skellerup's net profit hit a record high in 2021.
PGG Wrightson profit up 33 per cent, debt plummets
PGG Wrightson has just posted a 33 per cent increase in its annual operating result.
Cavalier goes back to its roots in war against synthetics
NZX-listed Cavalier has gone back to making wholly woollen carpets.
Can a2 Milk recapture the great growth rates of the past?
Will former sharemarket favourite, a2 Milk, ever recapture the great growth rates of past.
Wools of NZ, Primary Wool merger to go to farmer vote
A proposed merger between Wools of NZ and Primary Wool will go to a vote in November.
Fonterra diverts more powder away from GDT auction, futures rally
Fonterra has opted to divert more wholemilk powder away from the GDT platform.
A2 Milk reorganises top brass after Nathan's resignation
A2 Milk has made two new appointments as part of a management re-organisation.
NZ meat exporters face post-Brexit barriers in Northern Ireland
NZ meat exporters face stiff tariffs to get product into Northern Ireland post Brexit.