Latest from Business

Landcorp scales back dairy conversion plan
Plans for former forestry land near Wairakei into 39 dairy farms have been scaled back.

Beef and lamb farm forecast cut
Beef and Lamb New Zealand's mid-season update is a stark contrast to its new-season outlook six months ago.

Takeover panel weighing PGW bid
The future of rural services company PGG Wrightson (PGW) could be decided by an interpretation of New Zealand's takeovers code.

Brian Gaynor: Dairy a rare downer in solid six months
The NZX reporting season clearly demonstrates that the domestic corporate sector is in good shape, writes Brian Gaynor.

The rise and rise of A2 milk
Amid hard times in the dairy industry, one company has found a winning formula. What's the secret and can it last?

New HQ too flash for Fonterra?
Global diary giant Fonterra is moving into what could be the smartest new building in Auckland, but as farmers slash costs the move has been criticised as unjustifiable.

Dairy lift offers spark of hope
Embattled dairy farmers were offered a glimmer of hope when world prices firmed for the first time this year.

What the dairy price rise means for farmers
Rise of 1.4 per cent ends a four-sale losing streak.

Economy grows despite woes
Population growth, construction and tourism offset declines in NZ dairy prices.

Fonterra plans to close Kaikoura cheese factory
New Zealand's largest dairy cooperative is planning to close its cheese plant in the South Island town of Kaikoura.

What's so special about A2 milk?
Founded in 2000 by a Kiwi scientist and a multimillionaire farm owner, a2 Milk's market value has more than tripled to NZ$1.2 billion over the past year.

Not enough competition for dairy deregulation
A big Commerce Commission report has found there's not enough competition to justify any deregulation of New Zealand's dairy sector.

Dairy rally could be 3 years away
A recovery in the dairy sector could be two or three years away while low oil prices continue to weigh on the market, says a US industry leader.

Welcome rain clouds issues for economy
Thank heavens for the rain. The warm, wet summer has been fantastic for growing grass, and our farmers needed that.

Fair price to growers makes coffee taste better
Every time we have a cup of coffee we are presented with an ethical choice, writes Alexander Gillespie.

Brian Gaynor: NZ's dairy giant deeper in debt
Fonterra's total borrowings now more than $7.5 billion, writes Brian Gaynor.

Green with envy: Home with golf course
Seaside property in Russell is on the market - complete with its own 18-hole golf course.

Big fishing companies to launch premium seafood
The Ministry for Primary Industries and New Zealand's big three fishing companies have joined forces to develop a new "Tiaki" category of premium seafood.

Westland Milk's Quin resigns as CEO
Hokitika-based Westland Milk Products chief executive Rod Quin has given notice of his resignation after seven years in the job.

House prices, dairy slump threat to NZ banks
House prices rising and no recovery in dairy prices both pose threats to New Zealand banks, Standard & Poor says.

NZ may miss boat, medical cannabis exports
New Zealand could miss the boat as an exporter of medicinal cannabis, horticulture expert Dr Mike Nichols said.

Orchards facing labour shortage threat
Late start to the season means apple growers will face a race against time to have fruit picked, raising concerns about the availability of labour.

Govt won't relieve pressure on farmers
Finance Minister Bill English says dairy prices will never reach $8 a kilogram again, but he is confident farmers will get through a drop in payouts and rising debt levels.

Landcorp, Shanghai Pengxin part ways
State-owned Landcorp and China's Shanghai Pengxin Group - the company that bought the distressed Crafar farms in 2012 - are about to part company.

Another price cut on cards for dairying
Westpac is forecasting a Fonterra farmgate milk price of $4 this season and $4.60 in 2016/17.