A2 Milk says rising environmental costs not a 'big risk'

Rebecca Howard
Thu, 22 Aug 2019

By Rebecca Howard Aug. 22 (BusinessDesk) - A2 Milk says the cost of meeting more stringent water, animal welfare and emissions standards is not a "big risk" to the company and it will work with partners to help the industry meet the new requirements. Chief executive Jayne Hrdlicka says the dairy marketing firm, the third-largest New Zealand company by market value on the NZX, is very focused on ensuring its activities are sustainable over time across its supply chain. “We are working closely with our farming community to make sure that...
Primary Sector
$25m for Milford tunnel as Southland gets pre-election funding
Brent Melville | Thu, 16 Jul 2020

The Homer Tunnel, a transport lifeline into and out of Milford Sound, Fiordland, will receive a $25 million upgrade as part of a swathe of pre-election government investment into Southland that also i...

Economy
Cheaper petrol, accommodation through lockdown tames inflation
Paul McBeth | Thu, 16 Jul 2020

Cheaper petrol and accommodation slowed the annual pace of inflation through the covid-19 lockdown, more than offsetting price spikes in other consumer goods. The consumers price index shrank 0.5 p...

Retail
Delegat profits up 37%
Victoria Young | Thu, 16 Jul 2020

Wine maker Delegat Group's unaudited profit after tax for the year to June 30 rose 37 percent to $64.1 million, the company reported. The figure includes fair value movements in its vines and deriv...