Latest fromNZ Exports

NZ-Hong Kong trade agreement in effect
The Closer Economic Partnership Agreement between NZ and Hong Kong came into force on Saturday, making cuts to remaining NZ tariffs.

GDP shrank 0.2pc in third quarter
Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.

Current account surplus swung by $1.7b earthquake claims
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.

Fonterra-troops claim 'preposterous' - Helen Clark
Helen Clark has angrily denied claims her government sent NZ non-combat engineers to Iraq over a Fonterra contract.

Failed discount plan behind F&P earnings downgrade
An unsuccessful discounting strategy contributed to poor trading results that forced Fisher & Paykel Appliances to downgrade earnings guidance today.

Dairy prices up 2.4pc in overnight auction
Dairy prices in Fonterra's latest online auction are up 2.4 per cent.

Terms of trade up 3pc last quarter
Falling fuel prices helped lift New Zealand's terms of trade 3 per cent in the September quarter.

<i>Brian Fallow:</i> Good news, bad news
If the good news is that the Reserve Bank expects rates to be lower for longer, the bad news is why it thinks that.

<i>Success:</i> Timber maker in the right groove
Gearing down for the recession proves a wise decision...