Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
South Port signals 40% rise in maintenance spend
By Gavin Evans Aug. 30 (BusinessDesk) - South Port New Zealand, operator of the port at Bluff, is forecasting a 40 percent increase in maintenance spending during the coming two years as it works to extend the life of its assets. The country’s southern-most port has been qu...
Primary Sector
King Salmon invests as climate change heats fish farms
By Pattrick Smellie Aug. 29 (BusinessDesk) - Rising summer sea temperatures are forcing New Zealand King Salmon to invest in new techniques to reduce farmed fish deaths that are holding back profitability even as demand for its products surges. The aquaculture operator repo...
Primary Sector
S&P raises Port of Tauranga's credit rating to 'A-'
By Jenny Ruth Aug. 28 (BusinessDesk) - Port of Tauranga’s credit rating upgrade is “fantastic news” and makes it one of the few ports around the world with such a high credit rating, says chief executive Mark Cairns. That’s despite the port putting “a bit of pressure” on it...
Primary Sector
Allied Farmers seeking incremental growth after 'steady' FY19
By Pattrick Smellie Aug. 28 (BusinessDesk) - Rural services provider Allied Farmers has reported a third year of flat profitability after strengthening its balance sheet with new capital in the year to June 30 and it's signalling it may consider a small public debt issue if in...
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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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