NZ residential building consents rise to 13-year high in 2017, led by apartments, townhouses
By Tina Morrison Feb. 2 (BusinessDesk) - New Zealand residential building consents advanced 3.4 percent last year to their highest level in 13 years as a jump in apartment and townhouse consents offset a decline in stand-alone houses. A total of 31,087 new homes were consen...
NZ exports, imports hit new record highs in 2017
By Tina Morrison Jan. 30 (BusinessDesk) - New Zealand exports and imports hit new highs last year as the country earned more from agricultural products and bought more cars and computers. Goods exports jumped 11 percent to $53.7 billion in 2017 from with 2016, while imports...
NZ export log prices hit new record on strong Chinese demand
By Tina Morrison Jan. 30 (BusinessDesk) - New Zealand export log prices advanced to a new record, driven by continued strong demand from China, lower shipping rates and a favourable currency. The price for A-Grade export logs lifted to $131 a tonne from $129/t last month, m...
Rainy weather provides some respite for farmers, AgriHQ says
By Tina Morrison Jan. 29 (BusinessDesk) - Rain over the summer holiday period has provided some respite to farmers over most of the country and slowed the volume of animals being sent to slaughter, underpinning prices, according to AgriHQ's Monthly Sheep & Beef report for Janu...
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