![Chief confident prices will rebound](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Chief confident prices will rebound
The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.
The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.
House prices in Sydney rose 15 per cent in May from a year earlier, prompting a warning of a price bubble in Australia's biggest city.
Australia is forecasting a staggering 90 per cent plunge in spending on projects, calling time on its biggest resources bonanza since the 1850s gold rush.
China is likely to ensure a belated financial reckoning in the years ahead, and it has the potential to shake the global economy.
The Co-Operative Bank has posted a 24 per cent lift in annual profit, while also boosting its rebate to customers.
The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.
Reserve Bank will disappoint financial markets and leave the official cash rate on hold for another two years, says NZIER.
Only in China can you predict the world's biggest stock-market rally and still come out looking like a pessimist.
Strong employment growth is pushing the US economy close to the point where it can support higher interest rates.
Of the many wonders to behold in Greece, Matt Derr has found a gem: local wine at $3 a glass.
The dollar changed little overnight with major markets in the US and the UK closed for public holidays.
El Nino this year is likely to reduce New Zealand's agricultural output, say BNZ economists.
It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.
The NZ fell as the US dollar strengthened following signs of rising US inflation.
More than six months into the great oil price crash, US growth remains sluggish and cautious US consumers have banked the savings, writes Liam Dann.
William Pesek grades Park Geun Hye of South Korea, Benigno Aquino of the Philippines and Joko Widodo of Indonesia.
How have things fared since then for Asia's "Axis of Reform"? Not very well, unfortunately, says William Pesek.
Consumer confidence has eased in the latest monthly ANZ Roy Morgan survey but remains on the positive side of its long-run trend.
Bill English's seventh budget brings home the reality of a hard economic grind, a far cry from the historic rock star sentiments.
Bill English has basked in the NZ economy's rock star status but ironically unforeseen rocky conditions have denied him the satisfaction of unveiling his first Budget surplus.
Rob McLeod, chairman of EY, says while NZ is in a relatively strong position, we face material risks.
There's a lot we just don't know about the Government's moves on tax and real estate, writes Brian Fallow. Trying to judge the likely impact on the Auckland market of the property taxation measure the Government announced on Sunday is one of those times.
The dollar fell to a four-year low against the British pound after UK retail sales rose more-than-expected.
In his seventh Budget Finance Minister Bill English keeps a tight fist around the reins of government spending.
The first piece of Budget-related legislation has passed its first stage with the support of parties in Parliament except for NZ First.
The dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.
The interactive visualisation shows where the government money is spent. Readers can see the data by department and functional classification.