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Beef prices continue to set records
Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.
Carpark hole plumbs new depths
Andrew Rolfe, Fletcher Construction project manager, said a 16m hole on the corner of Halsey St and Gaunt St in the Wynyard Quarter had now been completed.
Dairy in the doldrums
Dairy farmers should be able to weather a low payout for the current season, thanks to last year's record milk price, but two poor seasons in a row would put the sector under financial stress,....
NZ tractor sales set to match record
New Zealand tractor sales are expected to match record highs this year, thanks to high milk prices and good growing conditions.
Fonterra payout cut looms as prices fall
Fonterra now looks certain to drop its farmgate payout to its farmers, after prices fell in the latest overnight dairy auction.
Exploiting Russia sanctions 'a bad look'
John Key says major companies have been asked not to exploit the gap left by other countries' trade sanctions on Russia because to do so would be a "terrible look" for NZ.
Fonterra units still causing confusion
Fonterra's NZX-listed units are still causing confusion, two years after their introduction.
Rinehart eyes milk formula market
Aussie billionaire Gina Rinehart is planning a A$500m investment to supply infant formula to a Chinese market forecast to almost double over three years.
Fonterra dividend too low, unitholder says
The Fonterra Shareholders' Fund should be able to raise its 2015 dividend forecast given it expects to pay farmers less for their milk.
Fonterra payout in spotlight
Fonterra Co-operative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout.
ANZ chief's pay rises to $4.7m
ANZ New Zealand chief executive David Hisco has enjoyed a solid pay rise, with his total remuneration lifting almost 15 per cent to $4.7 million.
Viaduct property deal's value queried
Professional investors have questioned the value to Goodman Property Trust of Singapore's Government Investment Corporation's acquisition of a 49 per cent stake in Auckland's Viaduct Quarter.
Dairy auction gives hope to farmers
International dairy prices showed signs of stabilising at this morning’s GlobalDairyTrade auction.
Commodity prices fall for eighth consecutive month
New Zealand commodity prices fell for the eighth consecutive month in October, to the lowest level since March last year.
Goodman signs up Singapore for Viaduct
Singapore's sovereign wealth fund has bought a half stake in some of Auckland's newest commercial buildings in the Viaduct Quarter.
BNZ confident dairy farmers can manage
Bank of New Zealand is watching dairy prices closely but has faith in farmers' ability to manage finances through dips in the commodities cycle, says chief executive Anthony Healy.
$150m cost to Fonterra
The head of Fonterra says the growing Ebola epidemic could cost the company $150 million.
Fonterra plans milk-powder boost
Fonterra said it plans to build two new milk powder driers at its Studholme site in South Canterbury.
'Tighten your belt' call to dairy giant
A Marlborough farmer wants Fonterra to stop investment spending and cut staff salaries until milk prices improve.
Dairy prices level off at latest auction
World dairy prices showed signs of levelling off today with the GlobalDairyTrade price index gaining 1.4 per cent at the fortnightly auction.
Danone says court delay an injustice
Danone argued in the Court of Appeal it was an injustice for it to have to wait until 2018 to go to trial against Fonterra regarding last year's dairy contamination scare.
Sri Lanka suspends sale of Fonterra milk powder
Fonterra has confirmed Sri Lankan officials have suspended the sale of some Anchor milk powder, amid concerns it has made children sick.
Editorial: Economy will ride on the exchange rate
New Zealand's "rock star" economic growth of the past couple of years has been attributed to two things: high dairy prices and the Christchurch rebuild.
Commodity prices fall for 7th straight month
New Zealand commodity prices fell for a seventh consecutive month to an 18-month low in September, led by declining dairy prices.
Dairy price plunge 'a kick in the guts'
Farmers are preparing for an austere 2014/15 season after a major drop in prices at last night's GlobalDairyTrade auction, says Federated Farmers boss.
Jamie Gray: Tatua outperforms Fonterra
Tatua, the small Waikato-based dairy co-operative, did well over the 2014/15 dairy season while its far bigger competitor, Fonterra, did not. The reason - powder.
New milk bottle label on the level but won't see the light
A simple label to help people detect how much milk is left in their light-proof bottles is unlikely to be used by Fonterra.