Primary Sector

97% tariff free: NZ's new UK trade deal

Rebecca Howard
Thu, 21 Oct 2021

97% tariff free: NZ's new UK trade deal
The aim is to conclude the free trade agreement by year end. (Photo: Deposit Photos)
Rebecca Howard
Thu, 21 Oct 2021
New Zealand and the UK have inked a free trade agreement in principle that immediately removes more than 97% of tariffs impacting NZ exports. “We’ve got an agreement in principle here. The deal is done,” said prime minister Jacinda Ardern.  Negotiators will now work to finalise the full legal text of the agreement and wrap up negotiations.The aim is to do that before the end of the year so the deal can come into force in 2022.Once fully implemented the deal is expected to save exporters $37.8 million a year based on...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

No-nonsense words for fund managers
David Chaplin | Wed, 18 May 2022

The Financial Markets Authority will pay closer attention the practice of bundling up advice fees and trail commissions within products and the use of cash rate-based performance indexes. 

Markets Market close
NZ shares slide on recession risk
Dan Brunskill | Tue, 17 May 2022

Central banks are expected to rapidly tighten policy, the risk of an energy crisis in Europe remains, and economic activity in China has been slowing.

BitPrime calls on crypto community for cash
Dan Brunskill | Tue, 17 May 2022

The crypto retailers plan to create a decentralised autonomous organisation to give supporters a say in how the business is run. 

Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.

Partner content
More fuel storage needed now

Boosting fuel reserves could prevent social & economic disruption.