Property Investment

NZ dollar drops to 3-year low

The kiwi touched 74.25 US cents this morning, to reach its lowest level since November 2011 when it touched 73.67 cents. Photo / NZ Herald

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening…

Wool price hits 3-year high

Photo / APN

New Zealand lamb wool prices rose to a three-year high last week on increased demand for the fibre from clothing manufacturers…