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Synlait hikes payout forecast on strong dairy view
Primary Sector

Synlait hikes payout forecast on strong dairy view

Synlait Milk raised its forecast payout to farmers, saying it expects global dairy prices to stay strong for the rest of the season.The milk processor raised its forecast farmgate payment by 25 cents to a base price of $7.25 per kilogram of milk solids. That would be the highest...

Paul McBeth 27 Jan 2020
Coronavirus likely to dominate financial markets this week
Markets

Coronavirus likely to dominate financial markets this week

Top of mind for global financial markets is the rapid spread of the coronavirus and what that could mean for economies and stocks of travel, airline and tourism-related companies.Canada reported its first "presumptive" case and in China, the National Health Commission late yester...

Jenny Ruth 27 Jan 2020
BRIAN GAYNOR: No, New Zealand is not a 'broken country'
Economy

Brian Gaynor: BRIAN GAYNOR: No, New Zealand is not a 'broken country'

Two recent media commentaries, under the headings 'This Broken Country' and 'The Roaring Twenties have started with a bang, and the economy may soon be whimpering' have painted a gloomy picture of the New Zealand economy.New Zealand isn’t perfect, but does it deserve these depres...

Brian Gaynor 25 Jan 2020