Manufacturing boosted by weaker dollar
New Zealand manufacturing activity increased in June, snapping three months of decline, as a weaker dollar supported exporters in the sector.
New Zealand manufacturing activity increased in June, snapping three months of decline, as a weaker dollar supported exporters in the sector.
Chief Theo Spierings admits news unsettling for staff as co-op tries to reduce its payroll bill by up to $60m a year.
Liam Dann says axing 523 jobs may make financial sense to Fonterra's chiefs but the dairy slump is bigger than that.
Fonterra's board will consider its current farm gate milk price forecast for 2015/6 at its next meeting on August 7, a spokesman for the co-operative said.
Dairy prices have plunged in the latest world dairy auction, taking the Kiwi dollar down with it.
A $16.65m programme to develop and commercialise new ways to process food could add $250 million a year to NZ's export earnings within 20 years.
Investment expert Mark Lister looks at whether our "rock star economy" is headed for recession.
A tourism leader has branded the Government's new travel tax as ludicrous and hypocrisy.
The New Zealand dollar fell after prices for the nation's largest commodity export declined in the latest GlobalDairyTrade auction overnight.
The price for NZ's key dairy export, whole milk powder, is set to decline further at tonight's GlobalDairyTrade auction.
Trade Minister Tim Groser says TPP talks should soon pick up steam, with negotiators preparing to put their real cards on the table.
For the month of May, New Zealand had a trade surplus of $350 million, beating expectations for a $100 million deficit.
The drop in the New Zealand dollar has enabled local video games producer to focus on expansion and growing its workforce.
There was no suggestion made to a Saudi businessman that he could sue the New Zealand Government, the Prime Minister says.
A letter to the Foreign Minister indicates the Government suggested a Saudi businessman could take legal action against it over sheep exports, the Green Party says.
The Government is looking to China to renegotiate its free trade agreement with New Zealand after China signed a more generous agreement with Australia.
The fate of the TPP trade and investment pact may be known as early as next Wednesday, after a vote endorsed the elusive 'fast-track authority' for Obama.
New Zealand earned $8.6 billion less from the rest of the world through trade and investment in the year to March than the rest of the world earned from us.
A fresh herb grower has confirmed its Italian parsley, which was stocked by two New World supermarkets in the Auckland region, has tested positive for listeria.
Lambs born after the airfreighting of 900 pregnant ewes to a businessman’s Saudi farm suffered an extremely high death rate, it has been claimed.
The account surplus was larger-than-expected in the first quarter as spending by tourists widened the services balance.
Dairy prices slipped again at this morning's GlobalDairyTrade auction, the GDT price index falling by 1.3 per cent.
The export of kauri logs as Maori carvings is closely monitored and is not being used as a loophole, Primary Industries Minister Nathan Guy says.
New Zealand apple growers have enjoyed another strong season and the industry looks set to hit the goal of $1 billion in export receipts earlier than the 10-year target of 2022.
The sharp fall in the New Zealand dollar yesterday, following months of easing, will result in winners and losers.
A taxpayer grant of $11 million to farm wagyu cattle will benefit an overseas businessman at the centre of the Saudi farm controversy.
The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.