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.

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

NZ posted a smaller-than-expected trade deficit in October as the nation lifted exports, led by a surge in shipments of dairy and logs.

The New Zealand dollar will try to break above 80 US cents this week after the Federal Reserve said it will start printing US$600 billion.

Imported vehicles suffer severe damage before arriving in NZ.

New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.

The version of the free market we had wasn't really free or perfect.

Exports were up 15 per cent or $405 million in August from a year earlier to $3.2 billion, led by higher prices for dairy products.

Dairy and meat exports were the main contributors to a 3.8 per cent rise in exported goods prices in the June 2010 quarter.

The value of NZ exports rose 12pc last month, according to the latest monthly trade figures.

Pesticide residue in NZ fruit and veg are at worst ever levels, say pro-organic food lobbyists, with one saying new figures "are the worst I have ever seen".

A Parnell business is making Ikea products available to Kiwis - at a premium.

New Zealand may find itself economic toast if it doesn't get a comprehensive China strategy together - and fast.

Tomato prices across Australia could double or triple in coming months after an act of mass sabotage.