Midday Report for Thursday 13 September 2018

12:35 PM.Fonterra has slumped to its first loss, of 196 million dollars, to the dismay of its approximately 10 thousand farmer shareholders. Audio

12:26 PM.Food prices have fallen in the past month as fruit and vegetables have become cheaper. Audio

12:26 PM.Laura Langman has been named as Silver Ferns captain with Katrina Grant dropped from the role in the wake of the side's disappointing Commonwealth Games performance. Audio

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

12:19 PM.The Auckland house market has seen its first year-on-year price increase in six months. Audio

12:17 PM.Dairy co-operative Fonterra has slumped to a sizeable loss ... the first in its 17 year history, and announced it will review its business to improve returns. Audio

12:00 PM.Fonterra records a first-ever annual loss - of 196 million dollars. 25 new affordable apartments in Auckland's Onehunga suburb are announced under KiwiBuild. Audio