Primary Sector
Explore the latest primary industry news by BusinessDesk.
Dairy Holdings stake too good to miss, says Canada's PSP
Canada’s Public Sector Pension Investment Board has been redirecting its primary sector investment into Australia in recent years, but buying into Fonterra's biggest shareholder, Dairy Holdings, was too good an opportunity to miss. “Dairy Holdings Limited is a household name i...
Policy
Fruit and wine worker cap to stay the same, but more Kiwis needed
The government has scrapped a planned increase to the cap on the recognised seasonal employer scheme, instead holding the number of migrant workers at 14,400 for the coming harvest in the hope that Kiwi workers might make up the shortfall. After announcing adjustments to work...
Markets
Too soon to say whether rising dairy prices will flow to farmgate - Fonterra
The overnight lift in dairy prices may have wiped out all pandemic-related falls, but Fonterra Cooperative Group is demurring on whether farmers can expect a higher payout. The average price across all products climbed 8.3 percent in the overnight Global Dairy Trade auction - ...
Markets
MARKET OPEN: Massive jump in dairy prices may shore up kiwi
A massive jump in global dairy prices will likely shore up the New Zealand dollar, although the share market may take a breather after a muted day on Wall Street. Dairy commodity prices soared 8.3 percent in the overnight Global Dairy Trade auction, boosted by a 14 percent gai...
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Riley Kennedy
Journalist
Riley won the Dairy NZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024. He was the New Zealand Shareholders Association emerging journalist of the year in 2022. His journalism experience includes more than a year as a business specialist at the Otago Daily Times. He has a diploma in journalism from Wintec.
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articles by Riley