Primary Sector

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Keytone Dairy to buy Australian Omniblend processor for A$22.4M

Keytone Dairy to buy Australian Omniblend processor for A$22.4M

By Paul McBeth June 17 (BusinessDesk) - ASX-listed Keytone Dairy, which owns a dairy factory in Christchurch, will pay A$22.4 million in cash, shares and assumed debt for Australian powder processor Omniblend.  The acquisition builds on its A$15 million initial public offer...

Paul McBeth 17 Jun 2019
Forestry encroachment an issue for councils - Sage
Policy

Forestry encroachment an issue for councils - Sage

By Gavin Evans June 14 (BusinessDesk) - Forestry encroachment onto higher-value farm land is an issue for councils to manage, Lands Minister Eugenie Sage says. The national environmental standard for plantation forestry doesn’t set out to encourage forestry on good farm lan...

Gavin Evans 13 Jun 2019
China's appetite for NZ red meat is surging
Economy

China's appetite for NZ red meat is surging

By Jenny Ruth June 13 (BusinessDesk) - China has been New Zealand’s largest market for red meat for some time and growth in that market is surging. Meat Industry Association analysis of Stats NZ figures shows China accounted for 36 percent of total red meat exports in April...

Jenny Ruth 13 Jun 2019
NZ dairy industry to invest $25.7 mln to improve national dairy herd
Infrastructure

NZ dairy industry to invest $25.7 mln to improve national dairy herd

By Rebecca Howard June 13 (BusinessDesk) - New Zealand's dairy industry is investing $25.7 million in an innovation project to produce better cows.  The seven-year programme, called Resilient Dairy: Innovative Breeding for a Sustainable Future, was launched at Fieldays. It...

Rebecca Howard 12 Jun 2019


Riley Kennedy
Riley Kennedy

Journalist

Riley 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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