Residential Property

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…

Trade imbalance widens

Imports of consumer goods and cars were up 11.7 and 11.4 per cent respectively on the December 2013 figures. Photo / Brett Phibbs

New Zealand's trade accounts were in the red for the sixth month in a row in December, imports exceeding exports by $159…