Tourism aims to beat ministry forecasts
The tourism industry wants to outperform Government forecasts to cement its position as one of New Zealand's biggest export sectors.
The tourism industry wants to outperform Government forecasts to cement its position as one of New Zealand's biggest export sectors.
New Zealanders are evenly divided about whether farmers are moving quickly enough to reduce their impact on the environment, a Herald DigiPoll survey shows.
Berry company OOB's products will be stocked in all Coles supermarkets across Australia in a major coup for the company.
Russia's decision to play hardball with Western food producers could not have come at a worse time for the New Zealand dairy sector as the season starts to get into full swing.
Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder.
New Zealand commodity prices fell for a sixth straight month in August, taking the index to a 17-month low.
New Zealand's terms of trade held at a 40-year high in the second quarter, as a high New Zealand dollar pushed down the price of imports, offsetting a decline in exports.
Fonterra is pinning its hopes on a tie-up with Chinese infant formula giant Beingmate as it pushes into China's lucrative baby milk market.
Falling prices for dairy and forest product exports drove the trade balance into the red last month.
Peter Lyons writes: It is important that the team in charge of the economy is paddling in the right direction.
The New Zealand dollar took a sudden and unexplained dip in early trading yesterday, fuelling speculation that the Reserve Bank may have chosen to exploit thin trading conditions.
New Zealand meat companies abandoned efforts to consolidate and reduce surplus capacity last year because they lacked an agreed export strategy.
New Zealand wool prices have risen over the last few weeks and have performed strongly over the last year because of a wool shortage, ASB Bank said in the latest issue of its Commodities Weekly.
New Zealand wine has established itself as a major commodity after exports increased by 10 per cent in volume and value to a record $1.33 billion in the year to June
Log export trade helped offset a 10 per cent decline in Port of Tauranga's container business, allowing the company to report a record underlying profit of $78.3 million for the June year.
Dairy prices showed signs of stabilising overnight, with the GlobalDairyTrade main price index slipping by just 0.6 per cent.
Export demand for New Zealand craft beer is expected to triple over the next decade as Asian consumers develop a taste for boutique brews.
Export log prices have stabilised and are improving a little, despite conditions in the country's biggest market, China, remaining difficult.
New Zealand producers' input and output prices fell in the second quarter of this year as dairy prices declined.
Russia is scouring the world for produce ranging from Chilean salmon to Egyptian oranges to fill a big hole left by its ban on Western food imports.
A swamp kauri company fined for draining protected wetland in Northland's "black gold rush" has failed owing more than $5 million.
A one-year ban instituted by Russia on food imports from the West could hurt NZ's dairy trade, even though local exports are exempt, say economists.
The South China Morning Post's editors have a sense of humour: "New Zealand MP Winston Peters accused of racism over Wong joke" was the headline.
Itell my students that my initial enthusiasm for economics was sparked by the most attractive female teacher at my school. Unfortunately they will need to find other reasons for enjoying the subject.
Auckland infant formula maker New Image says it is "getting back into production" for the Chinese market now it has finally received clearance to export its products.
Russia's sweeping bans on imports of European, US and Australian food may prove a diplomatically embarrassing bonanza for New Zealand's cheese exporters.