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Wool Equities, Primary Wool Coop in tie-up talks as they eye Fonterra success

Wool Equities, Primary Wool Coop in tie-up talks as they eye Fonterra success

By Tina Morrison Dec. 13 (BusinessDesk) – Wool Equities, which manufactures wool for its grower shareholders, and Primary Wool Cooperative, a farmer-owned joint venture with wool broker Elders, are in talks about merging to boost returns as they eye the success of dairy industr...

13 Dec 2013
NZ consumer confidence near four-year high ahead of Christmas retailing

NZ consumer confidence near four-year high ahead of Christmas retailing

By Paul McBeth Dec. 13 (BusinessDesk) - New Zealand consumer confidence was near a four-year high in the lead-up to the Christmas season, an all-important period for retailers. The ANZ-Roy Morgan consumer confidence index increased 1 point to 129.4 in December, the highest le...

13 Dec 2013
Green lobby cries foul on draft EEZ oil exploration rules

Green lobby cries foul on draft EEZ oil exploration rules

Dec. 13 (BusinessDesk) – The government is ploughing ahead with proposals that would continue to shield deep-sea oil explorers from public scrutiny of their plans to drill exploration wells in New Zealand’s Exclusive Economic Zone. Environment Minister Amy Adams has released dr...

12 Dec 2013