Fulton Hogan expands in Australia
Fulton Hogan expands in Australia
Fulton Hogan has grown its Australian presence outside the main cities with the purchase of a 50% stake in Melbourne-based roading company Pioneer Road Services.
Neal Wallace
Another sale by Fonterra
Another sale by Fonterra
Fonterra has sold a second off-shore business in less than a week, but shareholders were viewing it as standard business practice and not a fire sale.
SFF finds new partner
SFF finds new partner
Silver Fern Farms has found a replacement logistics and marketing partner after last year's failed deal with PGG Wrightson, putting its integrated supply chain back on track.
Traceability technology in carpets
Traceability technology in carpets
New technology bought by wool broker and exporter Elders Primary Wool will verify the origin of New Zealand crossbred wool in carpets.
PGG-W heads for the red
PGG-W heads for the red
PGG Wrightson's $42 million settlement with Silver Fern Farms is likely to push the rural servicing company's bottom-line profit into the red this financial year.
Farmers reject idea of board levy
Farmers reject idea of board levy
There appears little farmer support for Meat and Wool New Zealand to levy crossbred wool growers to promote the fibre.
Farmers reject idea of board levy
Farmers reject idea of board levy
There appears little farmer support for Meat and Wool New Zealand to levy crossbred wool growers to promote the fibre.
Fishers Meats continues to trade
Fishers Meats continues to trade
Dunedin butcher and smallgoods manufacturer, Fishers Meats Ltd, continues to trade and its eventual fate should be known in the next month or so.
Fonterra boosts forecast milk payout
Fonterra boosts forecast milk payout
The economy yesterday received a $120 million-plus boost with news Fonterra was increasing by 10c a kg of milk solids its forecast milk payout for this season.
Superannuation hint
Superannuation hint
The government has given its strongest hint yet that it will suspend its Super Fund contributions for this year at least.
SI-based listed companies shed $1 billion in value
SI-based listed companies shed $1 billion in value
South Island publicly listed companies lost more than $1 billion in value last year as a turbulent second half of the year eroded capital gains enjoyed in the first six months.
Receivers called in at LWR
Receivers called in at LWR
Long-established clothing and textile manufacturer Lane Walker Rudkin Industries was last night placed into receivership by its bankers.
NZ dollar takeshit from swine flu
NZ dollar takeshit from swine flu
The New Zealand sharemarket appears to have taken fears about the swine-flu outbreak in its stride, but the New Zealand dollar was not so lucky, diving sharply yesterday.
Financier may take shareholding in PGGW
Financier may take shareholding in PGGW
South Canterbury Finance could become a new cornerstone shareholder in rural servicing company PGG Wrightson under terms of a $25 million loan to settle a dispute with Silver Fern Farms.
22 job losses as firm closes, plant cuts back
22 job losses as firm closes, plant cuts back
Twenty-two people were told yesterday they would lose their jobs as one Otago business prepared to close its doors and another was forced to prune its workforce because of declining orders.
Rise in revenue but SFF records $5.9m loss
Rise in revenue but SFF records $5.9m loss
Dunedin meat co-operative Silver Fern Farms has reported a $5.9 million loss for the first six months of this financial year, despite a sharp increase in revenue.
Otago farmers addressing effluent problems
Otago farmers addressing effluent problems
It may be out of the public eye, but Otago dairy farmers are quietly addressing the dairy shed effluent pollution problem.
Failed deal a costly lesson
Failed deal a costly lesson
Strategically, it seemed a sound idea, but in practice growing a crop of whole crop silage for sale to dairy farmers has proven to be an expensive lesson in the difference in business ethics.
Growing heavier lambs comes at a cost
Growing heavier lambs comes at a cost
Times are changing for Jonathon and Julie Bennett.
Dairy lessons help with feeding sheep
Dairy lessons help with feeding sheep
Sheep farmers may not like admitting their dairy farming cousins have taught them a thing or two, but Jonathon Bennett seems quite happy to acknowledge he has adopted the dairy practice of condition scoring his sheep flock.