Contact Energy has reported a full year result in line with expectations, but warns it has been hit by transmission constraints on Cook Strait and the lower North Island in the new financial year.
Christchurch investment company Pyne Gould Corporation has reported a sharp 22% lift in its net profit after tax, but has warned investors the coming year's performance will be flat.
Four Otago groups have secured Government grants to investigate community irrigation and water storage schemes.
Documentation formalising the merger agreement between Silver Fern Farms and PGG Wrightson has been signed, and it is now up to farmer shareholders whether the deal will proceed.
The embattled finance sector yesterday received some badly needed confidence, with South Canterbury Finance reporting a steady full-year-result while the company continued to grow.
The Leprosy Mission of New Zealand has been the unlikely beneficiary from the acrimonious debate over meat industry restructuring.
Court action to force Silver Fern Farms to hold a special general meeting has been abandoned after the meat company and meat industry ginger group reached an agreement.
Acrimony between the two meat co-operatives in the South has deepened, with Silver Fern Farms asking Alliance chairman Owen Poole to stop making what it calls incorrect statements about its proposed merger with PGG Wrightson.
It seems every exporter has their eye on Asia, and China in particular. Agribusiness Editor Neal Wallace reports that our glamour wine industry is focusing on China, and for good reason.
The wine industry is hopeful the possible sale of Dunedin biotechnology company Botry-Zen will not mean its botrytis-fighting agent disappears from the market.
Individual farmers may yet face obligations for greenhouse gas emissions on their farms.
Attempts to unite the wool industry behind a new body look to have failed with a rival group formed representing manufacturers, buyers and exporters also seeking to improve the sector's fortunes.
Dunedin meat company Silver Fern Farms was expected to report a $90 million turnaround in its books this year, losing its reputation as the industry's lame duck.
A $220 million price tag for a half-share in Silver Fern Farms is at the top end of an independent valuation of the meat company and includes a 20% discount in return for PGG Wrightson not having control, a consultant's report says.
The High Court in Wellington will tomorrow hear an application by a meat industry ginger group to force Silver Fern Farms to hold a special meeting earlier than it was offering.
Southern dairy farmers are not getting much sympathy from the Otago Regional Council, which says this winter's wet weather is not exceptional.
Otago dairy farmers are working 18 to 20 hours a day to stop dairy cows and calves from falling victim to what some are calling "a silent killer" - the prolonged and extremely bitterly cold and wet end to winter.
A major turnaround in the fortunes of meat and wool farmers is forecast, with predictions of a 60% increase in farm profits this coming season.
Fonterra has been granted land use consent for construction of a fourth milk drier at its Edendale factory in Southland.
The future of publicly-listed Dunedin biotech company Botry Zen rests with its bankers and could result in its sale, after shareholders rejected a further injection of capital.
