Midday Report for Thursday 28 January 2016

12:34 PM.News from the rural and farming sectors. Audio

12:26 PM.The New Zealand rugby sevens coach Gordon Tietjens says some of his players, including Sonny Bill Williams, still aren't at the fitness levels he'd like them to be at. Audio

12:25 PM.The national airline carrier, Air New Zealand, carried just over 1-and-a-half million passengers last month. Audio

12:23 PM.For the latest from the markets we're joined by James Grigor at Macquarie Private Wealth. Audio

12:22 PM.New Zealand's annual trade deficit narrowed in December, and was slightly smaller than was expected. Audio

12:19 PM.The dairy co-operative, Fonterra, says tough overseas conditions have forced it to cut its payout forecast Audio

12:17 PM.The Reserve Bank held its benchmark cash rate steady, but signalled it would cut further if needed. Audio

12:00 PM.Dairy farmers have taken a big knock, with Fonterra cutting its forecast milk payout for the current season. The Labour Party has made it clear it will not be supporting the Trans Pacific Partnership… Read more Audio