Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Meat sector extends season, may cart stock between islands
New Zealand’s major meat companies say they will extend the processing season and add production chains at some plants to ensure they get through current backlogs.The country’s largest processor, Silver Fern Farms, said there was also the prospect of carting stock between islands...
Primary Sector
Processors push wooden construction as part of covid-19 recovery
Making wooden construction a priority in government and public buildings will reduce long-term emissions, boost national income and encourage development of a bigger domestic processing industry, forestry advocates say.Processors are urging the government to implement a national...
Primary Sector
Appetite for business, mortgage holiday schemes fades
Many firms aren't making use of the business finance guarantee scheme once they realise the government's guarantee of 80 percent of the loan is given to the bank, not the borrower, who still has the same obligation to repay.Similarly, individuals interested in taking mort...
Primary Sector
Partial closure shouldn't undermine OceanaGold
OceanaGold's hedging programme or its A$78.5 million forward sale agreement won't be affected by the partial closure of its Macraes and Waihi mining operations under New Zealand's covid-19 shutdown rules.The company’s hedging programme includes New Zealand dollar hedges capped at...
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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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