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Fonterra profit falls, payout revised down

Fonterra chief executive Theo Spierings announces a large profit fall with chairman John Wilson, left, and chief financial officer Lukas Paravicini, right.

Fonterra managers have announced a fall in annual net profit of 78 percent, and the dairy giant has revised down this year's milk payout for a second time to $5.30 a kilo of solids.

No decision on timing for Pike re-entry

The Pike River coal mine in November 2010.

Pike River owner Solid Energy is refusing to give a timeline on when the West Coast mine might be re-entered. Documents have revealed WorkSafe judges it safe to go in. (AUDIO)

Police find victim of robbery attempt

CCTV footage of a man police want to talk to following an attempted bag snatch on the North Shore.

Police have tracked down the victim of an attempted mugging in Auckland that left a woman who went to help with serious head injuries. (VIDEO)

Multiple raids in fishing quota probe

Skipper sorting catch aboard North Sea trawler off the coast of northern England.

Officials raided a Hawke's Bay-based fishing company's operations around the country this morning to secure evidence in an investigation into suspected fishing quota fraud.

Auckland sprawl threatens food basket

House building, new development

As Auckland tries to house its bulging population, the city is being warned that losing prime agricultural land may mean it struggles to feed its people.

Expert reports awaited in Kumar case

Lawyers for two boys charged with killing a west Auckland dairy owner say their trial may not be able to go ahead in November as scheduled.

Obama vows more strikes against IS

Barack Obama

US President Barack Obama has vowed to continue the fight against Islamic State militants after the first American-led air-strikes targeting the group in Syria.

National's proposed labour laws

no caption

National has said employment law changes are a priority in the first 100 days in Government. Economics correspondent Patrick O'Meara looks at the proposals.

Historic home couldn't be saved

The house was demolished to make way for an office and residential building.

The personal home of the designer behind Rotorua's famous Bathhouse has been demolished after developers could not find a buyer for it - or even give it away. (AUDIO)

Marshallese poet moves UN summit

Pacific ocean

World leaders at the United Nations climate change summit in New York have heard how climate change is a challenge that few want to take on.

Record shoot-out win for Liverpool

Liverpool manager Brendan Rodgers.

Liverpool have snuck into the fourth round of English football's League Cup after a record 14-13 penalty shoot-out win over second-tier Middlesbrough at Anfield.

Maori attending Indigenous conference

Carl Hutchby.

Cultural property rights, the impact of mining and climate change are the issues being raised by Maori at the UN's first World Indigenous Conference being held in New York.

Kathmandu looks to Australian growth

Shares rose today while the New Zealand dollar strengthened against trading partners.

Kathmandu has ambitions for strong growth, mostly in Australia, but its incoming boss is cautious about the outlook for this year. The company posted a 4.5 percent drop in profit.

Christchurch Yarns bid extended

wool bale

The farmer bid to buy the Christchurch Yarns wool spinning business out of receivership has been extended by a month. A number have committed their support.

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