LIC lifts half-year revenue on strong demand for dairy genetics
Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.
Livestock Improvement Corporation (LIC) has appointed Paul Littlefair as its chief information officer.
Littlefair, who has been acting in the role since September, has previously held senior IT roles at KiwiBank, ASB Bank and the Colonial Group and was also chief information officer for the Bank of South Pacific for a time.
Chief executive Wayne McNee says Littlefair's extensive experience and leadership skills will be hugely valuable to LIC and its farmer shareholders.
"LIC is currently in the midst of a significant technology transformation programme worth more than $40 million. This work aims to provide the infrastructure and foundations that will not only support growth in the business, but enable the delivery of new innovations that add more value on-farm.
"Paul's skills, experience and strong leadership qualities will be instrumental in its success."
Littlefair starts in the role immediately, reporting to the chief executive.
Budou are being picked now in Bridge Pā, the most intense and exciting time of the year for the Greencollar team – and the harvest of the finest eating grapes is weeks earlier than expected.
The Real Estate Institute of New Zealand (REINZ) has released its latest rural property report, providing a detailed view of New Zealand’s rural real estate market for the 12 months ending December 2025.
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
DairyNZ says the Government’s proposed Resource Management Act reform needs further work to ensure it delivers on its intent.
Overseas Trade Minister Todd McClay says he's working constructively with the Labour Party in the hope they will endorse the free trade agreement (FTA) with India when the agreement comes before Parliament for ratification.

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