Some British consumers say they won't buy New Zealand lamb because of concerns over the halal method of killing animals.

Fonterra has unveiled its second highest ever farmer payout, at $6.70 per kilo of milksolid, and says profits are up 12pc.

Lower taxes from foreign investors have helped push NZ's current account deficit up.

New Zealand finally seems to be on the road to building a much stronger relationship with Uncle Sam.

Fisher & Paykel has shown off the result of 17 years of top-secret research, saying its new compressor is a revolutionary change.

World share prices surged overnight, bolstered by solid data from US, China and a good European growth forecast.

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