Wools achieves its threshold figure
Wools achieves its threshold figure
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.
Sally Rae
Cavalier expects improvement
Cavalier expects improvement
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.
Timely success for new technology company
Timely success for new technology company
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.
Industrial property valuation up $12.3m
Industrial property valuation up $12.3m
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.
Focus on farm profitability
Focus on farm profitability
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.
Energy efficiency could save $700,000
Energy efficiency could save $700,000
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.
'Wiggy' working to better his skills
'Wiggy' working to better his skills
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.
Couple thrilled when calf cleans up
Couple thrilled when calf cleans up
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.
Drought pushes up Australian meat exports
Drought pushes up Australian meat exports
Australian lamb and mutton exports surged last month, with lamb increasing 45% year-on-year to 15,200 tonnes and mutton up 79% on the previous January to 12,800 tonnes.
Bacon Buttie Station opens
Bacon Buttie Station opens
Mike Cornelissen not only brings home the bacon, he makes the tasty smoked pork in the traditional dry-cured way, then sells it in buttered sandwiches.
Opportunity for wool growers to take industry ownership
Opportunity for wool growers to take industry ownership
Federated Farmers national president Bruce Wills has urged strong wool growers to ''stand united'' and take ownership of their industry.
Proposed merger endorsed
Proposed merger endorsed
CRT chairman Don McFarlane says the company has received a strong mandate to proceed with the proposed Farmlands merger, following the first shareholder vote yesterday.
Agriculture depends on trade links
Agriculture depends on trade links
An increasing global focus on food security, along with strong trade links, are the key to future competitiveness of New Zealand agriculture, a newly released industry report says.
'Extraordinary' speaker
'Extraordinary' speaker
Olam International senior vice-president Raj Vardhan will be guest speaker at an agribusiness conference in Queenstown next month.
Rebuilding positive news for Cavalier
Rebuilding positive news for Cavalier
The rebuilding of Christchurch, coupled with current wool prices, should prove ''quite a positive'' for carpet manufacturer Cavalier Corporation, Craigs Investment Partners broker Peter McIntyre believes.
Merger announcement expected today
Merger announcement expected today
CRT chairman Don McFarlane might be feeling ''a lot more confident now'' than at the start of the proposed Farmlands merger process but, as he acknowledges, the final decision rests with shareholders.
Good progress at port warehouse site
Good progress at port warehouse site
The $5 million development of the former Glendermid Leathers tannery site at Sawyers Bay, in the lower left of this aerial photograph, remains on track for completion in mid to late June this year.
Ice cream waiting worries licked in new shop
Ice cream waiting worries licked in new shop
At Dunedin's Rob Roy Dairy, there is a condition among staff known as ''ice cream arm''.
'Passionate' breeders hang in
'Passionate' breeders hang in
Ram breeders who have stuck with the sheep industry are the ones who are ''pretty passionate about it'', Min Bain believes.
Loyalty key to 50 years as an agent
Loyalty key to 50 years as an agent
When Robin Gamble turned up to work at National Mortgage as a fresh-faced school-leaver, little did he know he would still be in the stock and station industry 50 years later.