Primary Sector

Explore the latest primary industry news by BusinessDesk. 
NZL reinstates dividends, reports $10.9m profit
Primary Sector

NZL reinstates dividends, reports $10.9m profit

NZL said its intention had always been to pay regular semi-annual dividends.

Staff reporters 29 Feb 2024
PGG Wrightson CEO: OCR hike would hurt rural sector confidence
Primary Sector

PGG Wrightson CEO: OCR hike would hurt rural sector confidence

The company suspended its interim dividend, worrying about adding debt if rates go up.

Riley Kennedy 28 Feb 2024
PGW puts dividends on ice
Primary Sector

PGW puts dividends on ice

Its profit for the six months was down 40%.

Riley Kennedy 27 Feb 2024
Bright Dairy appoints replacement director on Synlait board
Primary Sector

Bright Dairy appoints replacement director on Synlait board

Synlait’s major shareholder has appointed its deputy finance director, Tao Zhang, to the New Zealand stock exchange-listed debt-laden dairy company's board.He replaces Liu Ruibing, who was also chief financial officer of Bright Dairy Holdings and resigned from both positions...

Staff reporters 26 Feb 2024


Riley Kennedy
Riley Kennedy

Senior Journalist

Riley Kennedy joined BusinessDesk in 2022 and covers New Zealand’s primary sector, with a focus on the country’s agribusinesses and the broader food and fibre economy. He won the DairyNZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024, and was named Emerging Journalist of the Year by the New Zealand Shareholders Association in 2022. Riley previously worked as a business specialist at the Otago Daily Times and holds a diploma in journalism from Wintec.

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