Federated Farmers is warning New Zealand’s levy paying meat farmers that if the Primary Growth Partnership vote fails, farmers will be throwing away scientific investments vital for its future. “Federated Farmers Meat & Fibre executive supports the Collaboration for Sustainable Growth PGP,” says Jeanette Maxwell, Federated Farmers Meat & Fibre chairperson “The biggest thing farmers tell me they want is unity …

Pyne Gould Corp, the asset management company controlled and managed by George Kerr, reported a return to first-half earnings and forecast a full-year profit, reflecting year-earlier charges that won’t be repeated in the current period. Profit was $1.5 million in the six months ended Dec. 31, from a loss of $27.1 million a year earlier, when it recognised impaired asset …

New Zealand shares fell, easing the NZX 50 Index from a 5-year high, as a key measure of China’s manufacturing missed estimates and the local market subsided after a month-end flurry. Fletcher Building and Telecom fell. The NZX 50 fell 2.01 points, or 0.04 percent, to 4317.98. Within the index, 18 stocks fell, 25 rose and seven were unchanged. Turnover …