NZ commodity prices fall for 7th month in Sept, ANZ says

Article – BusinessDesk

Oct. 2 (BusinessDesk) – New Zealand commodity prices fell for a seventh consecutive month to an 18-month low in September, led by declining dairy prices. Read more »

Fed Farmers warns dairy farmers face ‘austerity’ this season

Article – BusinessDesk

Oct. 2 (BusinessDesk) – New Zealand dairy farmers are facing an “austere” 2014/15 season, says the national farming lobby, Federated Farmers, in response to the further slump in international dairy prices overnight. Read more »

Donaghys job losses another blow to Dunedin

Press Release – New Zealand Labour Party

Donaghys job losses another blow to Dunedin The loss of 30 jobs from Donaghys rope and twine factory is yet another blow to the people and economy of Dunedin, says Dunedin South Labour MP Clare Curran. Donaghys was founded in 1876; the company … Read more »

Bendemeer Showhome Sale Significant for Development

Press Release – Bendemeer

The rapid sale of the first house-and-land-package at Bendemeer is a further lift for the premium residential lifestyle development and a boost to Queenstowns rural real estate market. Read more »

Dairy price fall shows urgent need to diversify

Press Release – New Zealand Labour Party

The overnight drop in milk prices shows New Zealands overreliance on the dairy industry puts our economy in a vulnerable position, says Acting Labour Leader David Parker. Read more »

Asking prices for properties plateau nationwide, survey says

Article – BusinessDesk

Oct. 2 (BusinessDesk) – There’s good news for house buyers in the new Trade Me Property Price Index launched today with the prices asked for properties nationwide remaining lacklustre for the fifth month in a row in September. Read more »

NZ dollar pares gain after dairy prices fall to 5-year low

Article – BusinessDesk

NZ dollar pares gain after prices fall to 5-year low in Fonterra’s dairy auction Read more »

NZ dollar drops after weak Australian retail sales

Article – BusinessDesk

Oct. 1 (BusinessDesk) – The New Zealand dollar fell against the greenback as weak retail data in Australia sapped investors’ appetite for the trans-Tasman currencies, and as improving US data stokes demand for the world’s reserve currency. Read more »

Dairy enters protracted bear market – Rabobank

Press Release – Rabobank

International dairy prices are now well below levels that will be sustainable in the medium term, however all signs suggest a prolonged period of low prices will be required in order to soak up the current global market surplus, according to Rabobank … Read more »

Lower exchange rate means higher fuel prices

Press Release – New Zealand Automobile Association

Media Release: 1 October 2014 PetrolWatch September 2014 Lower exchange rate means higher fuel prices Read more »

Corporate sector sees cash flowing

Press Release – Dun and Bradstreet

Businesses in New Zealand are experiencing a cash flow boost from the countrys strong economic performance, with the average time taken for invoices to be paid falling to the fastest second quarter level on record. Read more »

NZ dollar gains vs. euro as weak inflation keeps ECB nervous

Article – BusinessDesk

Oct. 1 (BusinessDesk) – The New Zealand dollar rose against the euro as slowing European inflation prompted speculation of further stimulus from the European Central Bank. Read more »

Proud to Contribute ‘Lion’s Share’ of Economic Activity

Press Release – Carnival New Zealand

Cruise industry leader Carnival New Zealand today welcomed new figures highlighting a record cruise contribution to the national economy with forecasts for even further growth. Read more »

NZ business confidence falls to 2-year low

Article – BusinessDesk

Sept. 30 (BusinessDesk) – New Zealand business confidence declined for a seventh month in September, to the lowest level in more than two years, as election uncertainty added to concerns about slowing economic growth, according to ANZ Bank’s latest Business … Read more »

Certified Builders welcomes continued growth in new building

Press Release – Certified Builders Association

Certified Builders welcomes Statistics New Zealands release of new building consent numbers as positive for the building industry and the economy, but says the shortage of skilled trades people continues to be an issue in some areas. Read more »

Firms stick to steady as she goes on jobs front, survey says

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Nearly two-thirds of employers intend keeping headcount steady this quarter, according to the latest Hudson quarterly report on employment trends. Read more »

Maori values make the difference for business futures

Press Release – Federation Of Maori Authorities

The Federation of Maori Authorities Annual National Conference has highlighted connection and collaboration as critical factors for Maori business success moving forward. The three day conference, held in Whanganui, included a number of presentations which … Read more »

Growth Study to Identify Constraints to Economic Potential

Press Release – Ruapehu District Council

Independent consultants the NZ Institute of Economic Research (NZIER) are about to start an evaluation of the constraints that are limiting Ruapehus economic potential. Read more »

NZ dollar seen little changed in 4th quarter, survey says

Article – BusinessDesk

Sept. 29 (BusinessDesk) – The New Zealand dollar is likely to be little changed from its current level by the end of this year, providing little respite for the nation’s 1,600 avocado growers who are heading into their peak export season from September … Read more »

NZ dollar declines on upbeat US growth, RBNZ FX stats loom

Article – BusinessDesk

Sept. 29 (BusinessDesk) – The New Zealand dollar fell to a fresh one-year low as the greenback advanced after a report showed US economic growth accelerated at the fastest rate since late 2011, amid speculation the Reserve Bank may have intervened … Read more »

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