Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Fonterra brings forward milk supply payments
Fonterra Cooperative Group will bring forward payments for its milk supply from June as part of a wider plan to improve cashflow for its farmer shareholders.The world’s biggest dairy exporter will make its monthly payments on the 15th of the month from June, compared to the 20th...
Primary Sector
Bathurst loses appeal against US$40m performance payment
Bathurst Resources has lost its appeal against a US$40 million performance payment on coal production from its mothballed Buller operations. The company, New Zealand’s biggest coal miner, said it’s reviewing its legal options after the Court of Appeal confirmed the 2018 decisi...
Primary Sector
'War room' helps Fonterra weather covid-19
Fonterra’s 'war room' is making strategic decisions on a daily basis that reaped benefits in China, but the dairy giant isn't downplaying the impact of a global recession.
Primary Sector
No changes for Wrightson board as new investor builds 9% stake
PGG Wrightson’s newest substantial shareholder – Beijing Holdings BAIC – hasn’t started lobbying for change at the board. The rural services company yesterday said it’s been in touch with the Hong Kong investment company, which has interests in international agriculture and fo...
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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