NZ trade surplus misses expectations, kiwi dollar drops
New Zealand's trade balance was $605 million in surplus last month, falling short of expectations by $375 million and dragging the kiwi dollar lower.
AdvertisementAdvertise with NZME.
Latest from Agribusiness
<i>Mark Lister: </i>Dairy giant may soon offer taste of NZ Inc
For an investor, Fonterra warrants close attention..
GM grass may not be so green
Millions are being spent creating new grasses but the benefits remain uncertain.
Chinese Crafar farm bidder delay
The latest Chinese bidder for the Crafar farming empire is facing a longer wait as the Overseas Investment Office applies tough new foreign ownership rules to its application.
Dairy prices fall in Fonterra auction, led by skim milk powder
Average prices of dairy products fell from a three-month high in Fonterra's latest online auction, as commodity prices and equity markets weakened on doubts about the pace of US economic growth and Greece's debt woes.
Farmers back in the mood to spend, says Fieldays boss
Agricultural sector seen moving from survival mentality to productive mode.
NZ commodity prices rise to new record
New Zealand commodity prices edged up to a new record in May, led by kiwifruit at the start of a new season. Prices in New Zealand dollars fell from a record level as the kiwi dollar climbed.
Hundreds of jobs at stake in bus maker receivership
Hundreds of jobs are at risk with the announcement Canterbury bus maker Designline International has been placed in liquidation.
Record April trade surplus revealed - $1.1b
New Zealand recorded a merchandise trade surplus of $1.1b in April, the highest monthly surplus ever recorded, figures released by Statistics New Zealand show.