High-value agri airfreight exports fall 5% - MPI

High-value agri airfreight exports fall 5% - MPI
Brent Melville
Airfreight exports of perishable and high-value live products fell 5 percent in the first three months of the year, as US sales growth wasn't enough to offset declines in New Zealand's biggest markets of Australia and China. The Ministry for Primary Industries' economic update for primary industries showed airfreight exports totaled $532 million in the three months ended March 31, with 9 percent declines in China and Australia and a 13 percent increase in exports to the US.  Rock lobster sales were among the hardest hit high-value exports...

More Primary Sector

Less than 10% of Provincial Growth Fund loans repaid
Primary Sector

Less than 10% of Provincial Growth Fund loans repaid

Of nearly $366m paid out in loans, just over $34m has been repaid.

Michael Neilson 04 Nov 2025
Mammoth application for Santana gold mine
Primary Sector

Mammoth application for Santana gold mine

A 9,400-page submission targets what is said to be NZ's largest gold find in 40 years.

Pattrick Smellie 03 Nov 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
AgriZeroNZ invests $1.7m in Australian cattle IVF platform
Primary Sector

AgriZeroNZ invests $1.7m in Australian cattle IVF platform

AgriZeroNZ has invested A$1.5 million (NZ$1.7m) into Queensland biotech company Nbyro, which aims for faster breeding of more emissions-efficient livestock.The public-private joint venture was the co-leader in a wider funding round for Nbyro. The stake is AgriZeroNZ’s 10th equity...

Staff reporters 31 Oct 2025