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Dairy drives NZ food prices higher as butter hits record
By Sophie Boot Oct. 12 (BusinessDesk) - New Zealand food prices rose in September as dairy products continued to increase with butter prices hitting another record high. The food price index advanced 0.5 percent on a seasonally adjusted basis in the month, and gained 3 per...

NZ First, deciding next NZ government, keeps board membership secret
By Pattrick Smellie Oct. 12 (BusinessDesk) - Two days after undertaking to release a list of the board of the New Zealand First party board, its president Brent Catchpole has changed his mind. Several members of a group that leader Winston Peters says will be consulted tomo...

NZ house sale volumes drop across all regions in September
By Tina Morrison Oct. 12 (BusinessDesk) - The number of property sales across New Zealand dropped 26 percent last month, with all 16 regions recording a decline, according to the Real Estate Institute. A total of 5,428 properties were sold across the country in September, d...