News

Bison is the new beef as diners swap steak for grass-fed game

At $47, the bison fillet at Eddie Merlot's steakhouse is just as expensive as the New York strip steak. It's also half the size.The grass-fed meat has fewer calories, less cholesterol or fat than beef, and consumers can't seem to...

John Wilson: Fonterra performance clearly shows we got it right

Statements made in the Herald last Friday completely dismiss the progress of Fonterra over the past 14 years and the contribution it has made to dairy farmers, local communities and the New Zealand economy.The author of last week's...

Landcorp profits plunge 84pc

State-owned farmer Landcorp said its net profit fell by 84 per cent to $4.9 million in the year to June 30, due mostly due to lower milk and lamb prices, but the company said the result would have been worse had it not secured a guaranteed...

Online exchange starts for private firms, syndicates

A new online exchange aims to help investors who own shares in private companies or units in property, farm or forestry syndicates to trade them more easily.Syndex, a company set up by four Kiwis with backgrounds in rural business,...

Bank: Risk of recession has increased

Investment bank First NZ Capital says there is a 25 to 30 per cent risk of New Zealand's economy going into recession in the next 12 months.Chris Green, the firm's director for economics and strategy, said he had become increasingly...