Primary Industries Minister Nathan Guy retained his portfolio in the new Cabinet unveiled by Prime Minister Bill English yesterday.

Federated Farmers congratulates outgoing Prime Minister John Key after eight years leading the country, and looks forward to working with Bill English in the top job.

Finance Minister Bill English says it turns out that the country is not as dependent on the dairy industry as we thought.

State farmer Landcorp says it has a strategy to lift its profitability and return to shareholders.

Deputy Prime Minister Bill English has acknowledged the dairy industry's contribution to pulling New Zealand out of the 2008-09 recession.

State-owned farmer Landcorp will not be getting any new capital to spend on its farms, as the Government imposes on SOEs a more rigorous process for new investment.

The Government will not stifle the growth of the dairy industry to limit its impact on the environment, says Deputy Prime Minister Bill English.

Deputy Prime Minister Bill English says farmers should not put the blame on Fonterra.

Deputy Prime Minister Bill English says more needs to be done to get young people off the dole.

Readjust, stick with your banks and keep supporting your dairy company; things will come right.