Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Institutional investors continue to shun Fonterra
Fonterra Shareholder’s Fund chair John Shewan says he’s confident institutional and private wealth investors will return to the fund after shunning it in recent years. At the end of September, institutional investors owned 15 percent of the units in the fund, which gives non-farm...
Primary Sector
Fonterra board too often confusing governance with judgement
Departing Fonterra Cooperative Group director Simon Israel told shareholders in his farewell address that it might be time for them to consider beefing up the number of independents on the board.The Singapore-based director ended a six-year stint on the board, offering his impres...
Primary Sector
Shrinking NZ milk pool plays into Fonterra’s hands – Hurrell
A dwindling domestic dairy herd will play into Fonterra Cooperative Group’s plan to extract greater value from New Zealand milk by introducing scarcity to the market, chief executive Miles Hurrell says.The growing environmental regulatory burden was firmly on a number of farmers’...
Primary Sector
National environment monitoring too passive, needs funding - PCE
Some form of shared funding will likely be required to fill gaps in the country’s environmental monitoring and provide a coherent national overview, the Parliamentary Commissioner for the Environment says.The current system, created by legislation in 2015 by then Environment Mini...
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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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