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Home values rise at fastest pace in year
QV's latest figures show NZ house values have risen at the fastest pace in 15 months.
QV's latest figures show NZ house values have risen at the fastest pace in 15 months.
The Government has reported an unexpected operating surplus in the 10 months through April as the Crown's tax coffers were bolstered by a bigger inflows.
MPI forecasts revenue from primary industries will drop to $35.2 billion in the year to June.
The dollar advanced as the greenback weakened following reports Obama raised concerns of US dollar strength.
Volatility on world fertiliser markets and the decline in the New Zealand dollar has brought with it a mixed bag of price changes for farmers.
Rakaia-based Synlait Milk has issued a low farmgate milk price for the current season but managing director John Penno says he expects prices to start improving by early next year.
The commercial mindset that measures well-being in terms of GDP can be insidious, writes Tim Hazledine. Even the welcome focus on reducing child poverty gets justified (by some) as an "investment" in more reliable future workers.
New Zealand's largest agriculture expo kicks off tomorrow with the spotlight on innovation in the agritech sector.
The dollar may fall this week as traders bet the Reserve Bank could reduce interest rates.
The kiwi touched 70.25 US cents over the weekend, its lowest level since August 2010.
Financial markets see it as a line-ball call whether Reserve Bank Governor Graeme Wheeler cuts the official cash rate from 3.5 to 3.25 per cent on Thursday.
New Zealand lamb wool prices jumped to a record high amid strong demand from exporters and limited supplies.
The government has given up on trying to claw back $3.9 million in research and development grants paid to failed touchscreen developer NextWindow
To cut or not to cut? That is the question the Reserve Bank confronts ahead of next week's official cash rate decision, writes Brian Rudman.
May property sales in the Auckland market were up 14.5pc from the month before, says Barfoot and Thompson.
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.
Wall St higher overnight amid optimism Greece will reach a deal with international creditors soon.
New Zealand's online retail spending now exceeds $3 billion per year according to a new report.
The ANZ Commodity Price Index for May fell by 4.7pc, following April's 7.4 per cent decline.
Wall St is taking bitcoin seriously, which may surprise those who have followed the electronic currency's decline.
North Korea wants your money and has released a promotional video touting for investment.
The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.
International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.
NZ's terms of trade rose in the first three months of the year, snapping two quarters of decline.
The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.
Behavioural economics shows people are often less rational than we assume which makes the Government's KiwiSaver proposal a good move, writes Ananish Chaudhuri.
The Australian sharemarket has closed lower, retreating after a one-month high on Friday.