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Dairy product prices rise 0.2 percent in GDT auction; casein hits record, WMP falls
Dec. 18 (BusinessDesk) – Dairy product prices held at elevated levels in the last GlobalDairyTrade auction for 2013, with rennet casein rising to its second straight record while whole milk powder fell. The GDT Price Index rose 0.2 percent compared to the last sale two weeks ag...

MARKET CLOSE NZ shares fall; Kiwi Income drops after CBA sells stake at discount
Dec. 17 (BusinessDesk) – New Zealand shares fell after Commonwealth Bank of Australia sold its stake in Kiwi Income Property Trust at a slight discount and SkyCity Entertainment Group said a high kiwi dollar is eroding the value of Australian sales. The NZX 50 Index fell 7.592...

NZ dollar extends gain vs. A$ as RBA minutes, NZ govt forecasts show diverging economies
By Paul McBeth Dec. 17 (BusinessDesk) - The New Zealand dollar extended its rally against its trans-Tasman counterpart as downbeat minutes to the latest Reserve Bank of Australia policy review and increasingly optimistic local government forecasts underline the divergence betwe...