Dry weather conditions will take their toll on the rural economy and economists are expressing concerns about their impact on GDP.
A bonus issue of $32 million in shares is being made to CRT and Farmlands shareholders to distribute the retained earnings and unallocated reserves of the rural supply co-operatives.
Fonterra and Netherlands-based A-ware Food Group have signed an agreement to develop a cheese plant and dairy ingredients plant in Heerenveen, in the north of the Netherlands.
When Jennie McLaren took a wagon on this year's Otago Goldfields Heritage Trust's cavalcade , she had a very special ''passenger'' on board - the ashes of husband Stu.
It would be fair to say there was a reasonable amount of frustration at Shortlands Station a few years ago.
When Alan ''Dobbie'' Dobson turned 60, his birthday present from his wife could not have been more perfect.
The Outlaw Broncs have headed for the hills.
Question - what's black and white and red all over? Not necessarily a newspaper.
Australasian member firms of the Leading Edge Alliance, an international alliance of independently owned accounting firms, have been meeting in Dunedin this week.
Sky Network Television has achieved a 7.4% increase in profit for the half-year to December, along with a hefty increase in the number of My Sky subscribers.
Lindsay Carruthers may have completed the odd dog trialling course in his time but the Middlemarch farmer acknowledges he never relied on prize money to ''keep him in refreshments''.
Dairy prices continued to accelerate in the latest GlobalDairyTrade auction, as dry conditions in the North Island squeeze milk production.
Wools of New Zealand has achieved the minimum threshold of $5 million in its share offer, allowing it to proceed with a strong wool grower-owned sales and marketing company.
Cavalier Corporation has reported half-year normalised profit after tax of $1.01 million, down 76% from a year ago, but signalled it expects an improvement in the next six months.
When Dunedin man Ryan Baker pitched the business he co-founded in front of a live audience and a panel of judges at the recent Webstock conference in Wellington, he likened it to the television show Dragon's Den.
Listed industrial property landlord Property For Industry (PFI) has announced a 7.5% drop in distributable profit for the year ended December 2012, which it has attributed to sales of properties in the previous year and vacancy during the year.
Profitability is the focus of the recently announced $65 million Collaboration for Sustainable Growth programme in the red meat sector, Beef and Lamb New Zealand chairman Mike Petersen says.
Silver Fern Farms is investing about $1.4 million in an energy management initiative that it says will deliver cost savings of $700,000 a year within two years.
Meet Wiggy from Wales. Paul ''Wiggy'' Davies has been in North Otago working for shearing contractor Owen Rowland, having met Mr Rowland when he was over shearing in Wales.
When Rob and Katrina Kelly entered a 7-month-old calf in the New Zealand Dairy Event - the country's biggest dairy show - they were hoping to win the calf class.