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NZ commodity prices rise 3% in May, led by a jump in apple, kiwifruit prices
By Paul McBeth June 6 (BusinessDesk) - New Zealand commodity prices rose 3.2 percent as a broad-based strength across the country's locally produced raw materials was led by the continued surge in apple and kiwifruit prices. The ANZ Commodity Price Index increased to 291.9...

Local govt seeks central govt help to replace ageing water infrastructure
By Pattrick Smellie June 6 (BusinessDesk) - New Zealand's local authorities face a $100 billion-plus to replace ageing water pipes, drains and sewers and will need central government assistance to meet the bill, says Local Government New Zealand, the lobby group for the sector...

Murray Goulburn to rethink capital structure in latest business review
By Paul McBeth June 6 (BusinessDesk) - Murray Goulburn Cooperative will rethink its capital structure and how it shares profits with investors in the ASX-listed MG Unit Trust as Australia's biggest milk processor seeks to revive the business after last year's slump in global m...