Synlait FY26 Result: $75.4m Loss, Second-Half Profit
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
2025 and 2026 Award Winners on the NZ leg of their mentoring trip in August 2026, with NZ host Matt Wyeth. L-R Karn Dhaliwal (2026 NZ winner), Bryce Neyland (2026 AU winner), Matt Wyeth, Maegen Blom (2025 NZ winner) and Jack O’Connor (2025 AU winner).
Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.
Applications open on 1 October and close on 31 October 2026 at 11.59pm NZT.
The Award is open to New Zealand and Australian residents aged 21 to 35 who are actively engaged in the primary sector, with one winner selected from each country each year.
Winners receive a $10,000 education package alongside a bespoke programme of mentoring and professional development, including access to influential figures across farming, agribusiness and beyond.
All travel and accommodation for mentoring trips is covered, with flights sometimes taken by private plane to reach remote and diverse locations across both countries.
Finalists also join the Zanda Alumni, a network offering ongoing support and learning opportunities.
2026 New Zealand winner Karn Dhaliwal, from the Waikato and founder of Ohinewai Harvest Ltd and Dhaliwal Ag Ltd, has just returned from mentoring trips around Australia and New Zealand as part of his prize.
"The Zanda McDonald Award is unique. There is nothing out there like it, and it's changed my life," Dhaliwal said.
"The biggest thing is the connections I've made and the people I've been fortunate to have around me. It's already opened up areas I hadn't even thought about, and I've only just started on my journey."
Zanda McDonald Award Chair Shane McManaway MNZM said the Award's trans-Tasman focus and bespoke, personalised approach set it apart.
"We're excited to discover the next generation of passionate young Kiwis and Aussies who are poised to make a difference in agriculture," McManaway said.
"This Award is designed to develop their skills and broaden their horizons. Winners will engage with some of the top trans-Tasman agricultural operators, gaining invaluable insights and leadership skills that are truly transformative."
Organisers say the Award has built a reputation not just for honouring talent but for accelerating it, with past winners and finalists describing the experience as career-defining, enlightening and personally transformative.
Young people in farming, agribusiness or related primary sector careers looking for their next step are encouraged to apply before the 31 October deadline.
Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.
The Royal New Zealand College of General Practitioners (the College) and Hauora Taiwhenua Rural Health Network are calling for investment in a proposed new training pathway for rural GPs, warning that many rural practices are struggling to recruit while a large share of the existing workforce nears retirement.
Federated Farmers has called on Central Otago District Council (CODC) to drop or vote down a plan to truck sludge from Alexandra and Cromwell to farmland near Lauder, warning it would compound an "outrageous" situation created by a separate council's decision weeks earlier.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.

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