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Opposition hears manufacturers' calls for lower dollar
Jan 28 (BusinessDesk) - An Opposition party inquiry into the manufacturing sector heard from a cross-section of exporters at Parliament this morning, all of whom argued a lower exchange rate was more important to them than any specific government support to their industry. Led b...
Services sector sluggish at year end
Jan 28 (BusinessDesk) - The services sector is treading water, with the latest BNZ-Business New Zealand Performance of Services Index falling 2.7 points to 51.5 in December from its November levels, which in turn were 3.6 points down on October's outcome. The result mirrors ambi...
Fonterra units hold up in early trading, despite DCD scare
By Pattrick Smellie Jan 28 (BusinessDesk) - Fonterra Shareholders Fund units took a small, immediate knock as trading opened on the NZX this morning after a weekend in which international media latched onto the news that small traces of a nitrate inhibitor had been found in som...
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