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Soaring milk prices push Open Country into the red
Olam, the Singaporean food commodities group, says high NZ milk prices have wiped out profits at its 25 per cent-owned Open Country Dairy and it may consider exiting the investment.
Govt to contribute $3.5m for Greymouth events centre
The centre will be named the West Coast Memorial Events Centre in memory of the Pike River and other mine disaster victims.
Price of diesel drops at Shell
Greenstone Energy, the company that owns and operates the Shell-branded service station network, has dropped the price of diesel.
Govt turns down Pike River request
The Prime Minister says it's "disappointing" the Pike River Coal receivers have asked the Government for aid and that it is unlikely to pay their legal bill during the Royal Commission of Inquiry.