Midday Report for Thursday 11 August 2016

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

12:26 PM.The New Zealand sevens coach Sir Gordon Tietjens says the team are devastated after missing out on a medal in Rio and while he can't fault his side's effort, he concedes their performances weren't… Read more Audio

12:25 PM.The IT services company, Datacom, says its full year net profit rose 12 percent, to more than 27 million dollars in the year ended in March, while revenue rose 13 percent to over 1 billion dollars, on… Read more Audio

12:23 PM.The Wellington craft-brewer, ParrotDog, has met its minimum target of raising 1-point-2 million dollars to help with its expansion plans. Audio

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

12:22 PM.Food prices have fallen a touch, with cheaper groceries more than offsetting a rise in fruit and vegetables. Audio

12:20 PM.The hospital developer, Vital Healthcare Property Trust, has delivered a strong full year net profit, and is outperfoming the listed property market with a 43 percent return on investment. Audio

12:17 PM.As you may heard in the news, the Reserve Bank delivered the widely expected cash rate cut to 2 percent and signalled more to come. Audio

12:00 PM.The Reserve Bank cuts the cash rate - and could cut it again. The men's sevens crash out of Olympic medal contention. Audio