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Croxley calls time on NZ production in face of cheap imported stationery
By Jonathan Underhill Aug. 21 (BusinessDesk) - Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving...
NZ dollar falls as economy seen settling to more modest pace, greenback rises
By Jonathan Underhill Aug. 21 (BusinessDesk) - The New Zealand dollar declined, and could fall another 1.1 percent before finding firm support, on signs domestic economic growth is settling to a more moderate pace at a time traders are increasing bets on a revival in the green...
NZ meat industry consolidation stumbled on differing strategies, uncommitted farmer suppliers
By Tina Morrison Aug. 21 (BusinessDesk) - New Zealand meat companies abandoned efforts to consolidate and reduce surplus capacity last year because they lacked an agreed export strategy and farmers wouldn’t commit stock to firms that closed plants, industry sources say. The...