NZ posts bigger-than-expected trade deficit in August
By Tina Morrison Sept. 26 (BusinessDesk) - New Zealand posted a bigger-than-expected goods trade deficit in August as exports of milk powder, butter and cheese declined and imports of crude oil and petroleum products jumped higher. The country had a trade deficit of $1.235 ...
NZ farmer confidence falls on concern about govt policy, commodity prices
By Tina Morrison Sept. 26 (BusinessDesk) - New Zealand farmer confidence fell in the third quarter, amid rising concerns about government policies and falling commodity prices. Rabobank said net farmer confidence fell to 38 percent from a record high 54 percent in the secon...
NZ structural log prices advance to 23-year high as mills compete with export demand
By Tina Morrison Sept. 25 (BusinessDesk) - New Zealand structural log prices edged up to the highest level in more than two decades as mills compete with the export market to secure supply for the local construction market. The price for structural S1 logs lifted to $128 a...
Synlait to invest in Palmerston North research and development centre
By Tina Morrison Sept. 25 (BusinessDesk) - Synlait Milk, the South Island-based milk processor, will establish a research and development centre in Palmerston North to drive new product development, process technology and packaging. Rakaia-based Synlait is partnering with M...
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