Midday Report for Monday 16 May 2016

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

12:27 PM.A disappointing final round for Danny Lee at one of golf's richest events. Audio

12:25 PM.Don Lewthwaite at First NZ Capital on the markets. Audio

12:24 PM.The casino operator, SkyCity Entertainment Group, says its 10-for-1 share offer to fund managers has been successfully completed at a premium price of $4.85 each. Audio

12:23 PM.The decades old question of who pays for the national grid may be settled this week, with a big announcent due tomorrow. At present, everyone pays a similar rate, but the Electricity Authority last… Read more Audio

12:21 PM.The dairy co-operative, Fonterra, says it expects slowing milk production will eventually push dairy prices higher. It expects New Zealand milk collection for the current season to fall 3% on last… Read more Audio

12:18 PM.Activity in the services sector is seeing increased expansion, driven up by especially strong sales and new orders. The BNZ - Business New Zealand Performance of Services Index rose 2.6 points to 57.7… Read more Audio

12:17 PM.Kiwi Property has more than doubled its full year profit. The shopping mall and office block owner has made after-tax profit of $250.8 million for the year to the end of March, up from $115.2m the… Read more Audio

12:00 PM.A study shows the commercial fish catch has been massively under-reported. Opposition parties says John Key is out of touch with the homelessness crisis. Audio