Synlait Milk has reported a net loss of $182.1 million and stumped up with a one-off payment to try to keep supplying South Island farmers. 

The embattled dairy processor reported its full-year results to July 31 on Monday with revenue up 2 percent to $1.64 billion. 

It took a total non-cash impairment of $114.6 million during the year against its long-term assets. 

CEO Grant Watson says the 2024 financial year was a difficult one - but things look to be in a better position for next year.

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Synlait Milk has reported a net loss of $182.1 million and stumped up with a one-off payment to try to keep supplying South Island farmers.&nbsp;
The embattled dairy processor reported its full-year results to July 31 on Monday with revenue up 2 percent to $1.64 billion.&nbsp;
It took a total non-cash impairment of $114.6 million during the year against its long-term assets.&nbsp;
CEO Grant Watson says the 2024 financial year was a difficult one - but things look to be in a better position for next year.
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With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Grant Watson: Synlait CEO on the company's multi-million dollar net loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/902d0c11-6afa-4cda-bc22-b1fb00724b45/transcript

Police in Essex have defended investigating a social media post written by a Daily Telegraph columnist amid growing backlash.

Allison Pearson received a visit from officers on Remembrance Sunday over a long-deleted social media post - and was left 'dumbstruck'.

UK correspondent Gavin Grey says people have questioned why the police have time to go after this woman while violent crime and burglaries continue to impact people.

LISTEN ABOVE

Police in Essex have defended investigating a social media post written by a Daily Telegraph columnist amid growing backlash.
Allison Pearson received a visit from officers on Remembrance Sunday over a long-deleted social media post - and was left 'dumbstruck'.
UK correspondent Gavin Grey says people have questioned why the police have time to go after this woman while violent crime and burglaries continue to impact people.
LISTEN ABOVE

Gavin Grey: UK correspondent on the growing backlash to police investigating a journalist's social media post

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a79e5ece-facb-46c5-ad70-b22c00872df5/transcript

Donald Trump's return to the White House continues to have implications on the US economy.

The US Federal Reserve has indicated it won't be cutting rates again anytime soon.

Harbour Asset Management's Shane Solly explains further.

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Donald Trump's return to the White House continues to have implications on the US economy.
The US Federal Reserve has indicated it won't be cutting rates again anytime soon.
Harbour Asset Management's Shane Solly explains further.
LISTEN ABOVE

Shane Solly: Harbour Asset Management spokesperson on the US Federal Reserve's plan for rates after the US election

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5c0bf2e7-3ab0-49b6-9265-b22c0083ca4d/transcript

Tonight on The Huddle, broadcaster Mark Sainsbury and Trish Sherson from Sherson Willis PR joined in on a discussion about the following issues of the day - and more!

Thousands are expected to join the hīkoi protesting the Treaty Principles Bill arriving in Wellington tomorrow. This follows a war of the words between David Seymour and Jenny Shipley, as well as Chris Finlayson. Has this whole thing gone too far?

Should the police consider a different strategy when negotiating with Tom Phillips? Locals think the police need to try something new after three years of appeals, searches and rewards. What do we make of this? 

LISTEN ABOVE

Tonight on The Huddle, broadcaster Mark Sainsbury and Trish Sherson from Sherson Willis PR joined in on a discussion about the following issues of the day - and more!
Thousands are expected to join the hīkoi protesting the Treaty Principles Bill arriving in Wellington tomorrow. This follows a war of the words between David Seymour and Jenny Shipley, as well as Chris Finlayson. Has this whole thing gone too far?
Should the police consider a different strategy when negotiating with Tom Phillips? Locals think the police need to try something new after three years of appeals, searches and rewards. What do we make of this?&nbsp;
LISTEN ABOVE

The Huddle: How do we see the hīkoi playing out tomorrow?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e559855a-49af-4a37-a0ac-b22c00805ad9/transcript

Grant Watson: Synlait CEO on the company's multi-million dollar net loss

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