Midday Report for Tuesday 20 August 2019

12:35 PM.Federated Farmer's National President is relieved Southland farms no longer appear to be the target of an Australian animal rights group. Audio

12:26 PM.One of the biggest names in tennis Serena Williams will play in January's ASB Tennis Classic in Auckland. Audio

12:23 PM.For the latest from the markets we're joined by Ed Glennie of Hobson Wealth Partners. Audio

12:21 PM.Napier Port has floated on the NZX this morning, at a 12 percent premium to its issue price. Audio

12:19 PM.Power company Mercury has made a record annual profit, driven by record geothermal generation and higher spot prices. Audio

12:18 PM.The country's biggest fuel retailer Z Energy says the Commerce Commission's estimate of what fuel companies should be earning on their investments is too low. Audio

12:17 PM.The Commerce Commission is targeting reform of the wholesale fuel market to bring more competition in the sector and lower prices for motorists. Audio

12:00 PM.The Prime Minister says a market study into petrol prices confirms what she already knew - that New Zealanders are being fleeced at the pump. Primary and intermediate principals agree a pay deal. Audio