Latest from Business

Five more overseas companies approved to buy forestry or farm land
Some farming groups concerned jobs and productive farm land are being lost.

When will Kiwis be able to get a share of Allbirds?
And the risks they need to be aware of.

Foreign billionaire blamed lack of due diligence for winery failure
The magnate closed the operation when he realised it would "not be financially viable".

Northland avocado growers get consent to take millions of litres of water from Aupōuri aquifer
DoC may appeal consent to take water from Aupōuri aquifer for avocado growing.

Brian Fallow: Plan to reform RMA leaves many unanswered questions
Draft version of new law has business groups worried about obstacles to development.

Frustration as supply lines remain halted with split alert levels
Businesses in level 3 regions say they will run out of supplies with Auckland in lockdown.

NZ carbon price hits $59/tonne after strong auction
At today's level, the price is more than double where it was in March 2019.

Level 4 lockdown to set log export supply chain back 18 months
The latest level 4 lockdown has thrown a spanner in the works for NZ's log exports.

Shanghai billionaire fined $20,000 over Northland property
OIO intended to progress investigations and get court orders for asset sales.

New Singapore dairy plant to take on former sector ally
Singapore's Olam poised to announce details of $100m-plus Waikato dairy investment.

Sanford welcomes Ngai Tahu as its largest holder
Brokers at Craigs said to be buying shares in seafood company on behalf of Ngai Tahu.

Complexities of getting our food on to shop shelves in lockdown
How the Delta variant has blown a hole in the security of our supply chains.

Ex-All White Tim Brown's Allbirds files for multi-billion IPO
Filing reveals big ambitions but, for now, also big lossses.

Freight costs up almost 100% in last 6 months
"True impact of price increases has not been felt by clients and property owners."

Three workers at chicken processing plant test positive for Covid-19
The employee hasn't been at work in more than a week, the company's CEO said.

Pāmu CEO Steven Carden to head up Delegat Group
Steve Carden is leaving Landcorp for NZX-listed winemaker Delegat Group.

Truckies eyeing up alert level border jiggle
Private car owners' needless jaunts could jeopardise animal welfare, trucking group says.

Losses widen for medicinal cannabis stocks Rua, Cannasouth
Results in line with board expectations.

Mark Lister: Land of opportunity, but also volatility
The Chinese economy has been slowing for much of 2021.

The big kiwifruit opportunity that went bad - family and friends lose tens of millions
An ambitious Chinese kiwifruit venture has cost investors tens of millions of dollars.

Pāmu reports a $29 million after tax profit
Positive result means Pāmu will pay a $5m dividend to its shareholder - the NZ Government.

Drive to survive: Lockdown 'huge' hit for butchers, revenue plummets
Butchers are struggling and are calling to be allowed to open, safely, under level 4.

China's ban on two Sealord plants having 'significant impact'
Sealord CEO said the suspension had cost the company $3 million.

Comvita's share price surges after profit turnaround
The global manuka honey supplier's result was in line with market expectation.

Poultry industry having to adapt in face of staff shortages
Some processors having to adapt their operations to try and keep supermarkets stocked.

A2 shares slide as profit plunges 79 per cent
A2 Milk has reported a 79 per cent fall in its annual net profit due to Covid disruption.

New US dairy farm pandemic subsidies alarm NZ industry
Historic levels of US farmer support can land heavy hit on New Zealand dairying pockets.

Napier Port lifts Q3 earnings, no end in sight for supply chain disruption
Log exports have boosted Napier Port's Q3 earnings.