Midday Report for Friday 31 August 2018

12:34 PM.A 25 cent drop in Fonterra's forecast milk payout for this season has come as disappointing news to farmers. Audio

12:26 PM.Katrina Grant's tenure as Silver Ferns captain may have come to an end under new coach Noeline Taurua. Audio

12:25 PM.The global Esquire coffee houses owner, Cooks Global Foods, has lifted its full year profit guidance, with the purchase of the Mojo Coffee business expected to transform the company. Audio

12:22 PM.A KiwiSaver provider says it forecasts superior returns for investors because it's better than competitors. Audio

12:20 PM.As you may have heard in the news Fonterra has cut 25 cents off its forecast milk payout to suppliers .. now down to $6.75 a kilo of milk solids. Audio

12:19 PM.The country's biggest retailer, The Warehouse, is forecasting a better profit because of a stronger-than-expected end to the trading year, but says it will take a big writedown on some of its… Read more Audio

12:17 PM.The combination of the latest consumer and business confidence surveys suggest the economy will have slowed by the end of the year, according to the ANZ Bank's latest surveys. Audio

12:00 PM.Chelsea Manning gets the green light to apply to come to New Zealand. Consumer confidence is holding up - in contrast to business confidence. Audio