Trade Minister McClay upbeat about progress on FTA front with EU
By Rebecca Howard Sept. 14 (BusinessDesk) - Trade Minister Todd McClay is upbeat after European Commission president Jean-Claude Juncker said he wants to ink a free-trade agreement with New Zealand by October 2019, but acknowledged it will be a challenge. "I was very pleas...
NZ consumer confidence at 3-year high in September
By Rebecca Howard Sept. 14 (BusinessDesk) - New Zealand consumer confidence hit a three-year high in September as a softer housing market and election uncertainty failed to dent optimism. The ANZ-Roy Morgan consumer confidence index rose to 129.9 in September from 126.2 i...
National will look to sell Landcorp farms if re-elected
By Rebecca Howard Sept. 14 (BusinessDesk) - A National government will look to sell state-owned Landcorp Farming farms if it is re-elected on Sept. 23, says primary industries spokesman Nathan Guy. "The government owns a large number of commercial farms through Landcorp, bu...
NZ dollar gains 2.3% on week as US dollar remains out of favor
By Rebecca Howard Sept. 8 (BusinessDesk) - The New Zealand dollar was higher on the day and up 2.3 percent for the week as the greenback remained out of favor due to internal political issues, jitters around North Korea as well as several hurricanes. The kiwi was trading...