
Holmes' oil firm surviving in spite of hard times
Last year was a challenging one for Paul Holmes and his olive oil brand - as it was for the whole food industry.
Last year was a challenging one for Paul Holmes and his olive oil brand - as it was for the whole food industry.
A local firm has its eyes firmly fixed on the world security market...
New Zealand's trade deficit narrowed in November as demand from China increased prices of dairy and lumber exports.
Exports were up 19 per cent in November with the annual trade balance for that month a surplus of $1.3 billion - the first since 2001.
Eastern Australia's sopping wet summer has set the scene for an "explosion" of imported New Zealand produce.
Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.
New Zealand had a current account surplus of $35m in the September quarter Statistics New Zealand said today, due largely to Canterbury earthquake insurance claims.
Helen Clark has angrily denied claims her government sent NZ non-combat engineers to Iraq over a Fonterra contract.
Dairy prices in Fonterra's latest online auction are up 2.4 per cent.
Falling fuel prices helped lift New Zealand's terms of trade 3 per cent in the September quarter.
If the good news is that the Reserve Bank expects rates to be lower for longer, the bad news is why it thinks that.
More than $1 billion is pumped into the economy every time Fonterra boosts its payout to farmers by $1, says a report which confirms the dairy industry's importance to New Zealand's finances.
Gearing down for the recession proves a wise decision...