Midday Report for Thursday 28 August 2014

12:35 PM.News from the rural and farming sectors. Audio

12:26 PM.New Zealand tennis player Marina Erakovic steals another win at the U-S Open. Audio

12:24 PM.For the latest from the markets we're joined by Angus Marks at First NZ Capital. Audio

12:21 PM.One of the weak spots in Air New Zealand's otherwise very strong profit performance, was its cargo results. Audio

12:20 PM.Specialty milk producer, A2 Milk, has reported an annual net profit of just 10-thousand dollars, despite revenue earnings of 111-million dollars. Audio

12:19 PM.Airwork has reported an annual net profit of 9.8 million dollars, 17 per cent ahead of its prospectus forecast. Audio

12:17 PM.Australia's national carrier has produced a horror 2.8-billion-dollar annual loss, nearly three times the red ink the market had expected. Audio

12:00 PM.A man who raped and murdered a Christchurch woman is sentencd to 21 years in prison and Aucklanders face big rates rises in the next decade. Audio