Current account deficit widens to $2.8b as trade balance weakens
New Zealand's current account deficit widened in the first quarter - as world dairy prices fell and more fuel was imported.
New Zealand's current account deficit widened in the first quarter - as world dairy prices fell and more fuel was imported.
What are our top CEO's getting paid? Last year pay for NZ's bosses fell for the first time in eight years. See the full list here.
Parliament's primary production select committee has deleted a clause which Fonterra said would have stopped TAF in its tracks.
Economists are encouraged by a sharp surge in world dairy prices overnight, but say it is too early to say whether the downward trend in prices has been reversed.
World dairy prices were up from three year lows in the latest overnight auction.
Fonterra says it won't go ahead with its Trading Among Farmers scheme without a clear mandate from its farmer members.
New Zealand posted a smaller-than-expected surplus in April.
A fall in global commodity prices and the strong kiwi dollar meant New Zealand producers were squeezed in the first quarter.
Prices of dairy products fell for the third straight sale in Fonterra's overnight auction, reaching a new three-year low
Prices of dairy products extended their slide in Fonterra's latest global dairy auction, reaching the lowest since August 2009.
Fonterra HQ has gazumped moves by dissident shareholders...