Midday Report for Thursday 26 February 2015

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

12:24 PM.For the latest from the markets we're joined by Melika King at Craigs Investment Partners. Audio

12:23 PM.MYOB has increased its annual loss by half as costs nearly doubled on new product development and launch costs. Audio

12:23 PM.Vital Healthcare Property Trust's half year profit has fallen 16%, reflecting the impact of a $4.7 million tax expense and other tax adjustments. The hospital and healthcare property trust made a net… Read more Audio

12:23 PM.Breakers remain confident heading into their NBL final's campaign. Audio

12:22 PM.Lower dairy and oil prices have weighed on the trade balance. Official figures show a trade surplus of $56 million in January. Audio

12:21 PM.Turners and Growers' full year net profit has fallen, due to difficult international trading conditions, price pressures and lower export volumes, resulting from damaging hail. Audio

12:20 PM.Scales' annual net profit has fallen 10%, but the apple grower exceeded its prospectus forecast by more than 15%. The company made a net profit of $18.4 million in 2014, after sales dropped 3% to $263… Read more Audio

12:19 PM.The dairy co-operative, Fonterra, has held its forecast milk price steady, saying the recent rises in dairy auction prices are not enough to raise the payout to its farmers at this point. Audio

12:17 PM.New Zealand gained a record 5500 net new residents in January, taking the annual increase in net migrants to nearly 54-thousand people. Audio

12:00 PM.Remuneration Authority is urged notto lift MP's salaries, and disgraced lawyer Davina Murray is found to be unfit for her job and is struck off. Audio