Alliance Group today announced a loss after tax of $95.8 million for the year ending 30 September 2024 (FY2023 $70.1m loss) on a turnover of $1.8 billion (FY2023 $2b). The loss includes one-off post-tax costs of $48.2m in relation to business restructuring costs and other one-off

* Fonterra confirms plans to divest its global Consumer and integrated businesses. * The Co-op raises its milk price forecast for the 2024/25 season. * Buyer interest highlights the value of Fonterra’s strong global business portfolio. Fonterra Co-operative Group Ltd has announced its decision to proceed with divestment options for its

The Government will move to add an amendment to the Resource Management Act Amendment Bill, currently before Parliament, which will restrict councils’ ability to notify freshwater plans before the gazettal of the replacement National Policy Statement for Freshwater Management, RMA Reform Minister Chris Bishop, Agriculture Minister Todd McClay and Environment

Work will commence this week on critical flood protection measures for Otautau. The project, covering 19 kilometres of stop banks from Otautau to Wreys Bush, includes erosion control, stop bank improvements, and removing crack willow from the Otautau Stream. According to Environment Southland catchment operations manager Randal Beal, although the

Southland businesses are rallying together to help farmers after one of the worst Spring seasons that many can remember. Farms had been severely hit by persistent rain and dairy farmers in particular had taken a real hit with their milk production. There has also been an exponential loss of stock,

* Federated Farmers Southland are asking the Government to remove Fish & Game’s advocacy role. * Farmers claim Fish & Game's actions undermine their main role of managing hunting and fishing. * Many farmers are withholding land access due to Fish & Game’s anti-farming stance. Federated Farmers Southland have

* New Zealand’s first AI-created TV commercial aims to support local wool and media sectors. * Bremworth’s $2 million campaign uses AI to produce innovative content at a reduced cost. * AI technology enabled faster production, boosting exposure by 1.7 million additional views. Bremworth has launched New Zealand’s first

Waiau Area School students have been involved in a new business project using their own hens to produce eggs, which they supply to the Food in Schools kitchen. The eight hyline layers were purchased from breeder Bailey Sanford of Hens at Clifden, who has been impressed with their new initiative.