
Treasury mindful of gaps in living standards framework
By Paul McBeth June 19 (BusinessDesk) - Treasury has identified parts of its living standards framework where more information is needed and says some of its work is pushing the boundaries of economic theory. Deputy secretary Struan Little, who was filling in for Secretary...

Cannasouth slumps on debut as investors back blue-chips
By Paul McBeth June 19 (BusinessDesk) - Pre-revenue medicinal cannabis firm Cannasouth made an inauspicious debut as a publicly listed company, shedding 20 percent in early trading as investors pursue blue-chip stocks offering reliable dividends. The Waikato-based company...

MARKET CLOSE: NZ shares gain as investors eye upcoming Fed meeting
By Paul McBeth June 18 (BusinessDesk) - New Zealand shares joined a rally across Asia, as investors have one eye on whether the Federal Reserve will signal lower US interest rates in what would be a further boon for equity markets. Vista Group International led the market high...

Fully automated milking several decades away - Dairy NZ
By Paul McBeth June 18 (BusinessDesk) - Industry body Dairy NZ sees fully automated milking as a major opportunity to lift on-farm productivity, but doesn't expect it to be commonplace for several decades. About 44 percent of the country's dairy herd are milked in more eff...