Midday Report for Friday 10 June 2016

12:35 PM.News from the rural and farming sectors. Audio

12:26 PM.The Auckland opening batsman Jeet Raval is the sole new cap in the New Zealand test cricket squad for the upcoming tour of Zimbabwe and South Africa. Audio

12:25 PM.The resins manufacturer, Nuplex, says the Overseas Investment Office has given the green light for the billion-dollar takeover by Belgian company Allnex. Audio

12:23 PM.For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital Audio

12:22 PM.Over to Australia now and insurance companies are counting the cost from the disastrous storm and king tides in New South Wales. Audio

12:21 PM.An analyst says there are global headwinds on the horizon for investors, which may hit sentiment in the short-term. Audio

12:20 PM.The commercial office, retail and industrial properties investor, Stride, is spinning off its Investore subsidiary in an initial public offering, as part of a larger plan to buy more than a quarter of… Read more Audio

12:18 PM.Spending using electronic cards has eased back as people spent less dining out, but it's only being described as a slight blip. Audio

12:17 PM.Air New Zealand has sold most of its stake in Virgin Australia to a Chinese investment group. Audio

12:00 PM.A 57-year-old man has died after being shot by police for allegedly threatening officers in Waikato. Financial experts say New Zealanders' record level of household debt is not sustainable and people… Read more Audio