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Manufacturing Activity Remains In Contraction In September

Thursday, 16 October, 2008 - 09:32

16 October 2008 - New Zealand's manufacturing sector remains in contraction, according to the Bank of New Zealand - Business NZ Performance of Manufacturing Index (PMI).

Strong Dollar Pushes Local Wool Prices Down

Thursday, 25 September, 2008 - 16:06

25 SEPTEMBER 2008 - New Zealand Wool Services International Ltd reports that prices at today's wool sales declined for most types.

Fonterra Announces 2007/08 Final Payout And Revised 08/09 Payout Forecast

Wednesday, 24 September, 2008 - 12:54

Fonterra Co-operative Group has announced a final payout of $7.90 per kilogram of milksolids (kgMS) for the 2007/08 season, comprising a milk price of $7.59 per kgMS and a value return of 31 cents per kgMS.

Select Committee Misses The Point

Friday, 19 September, 2008 - 11:38

19 September 2008 - The Finance and Expenditure Select Committee's findings from the inquiry into the monetary policy framework have finally been released claiming that there is no better way to control inflation and recommending that monetary policy be left as is.

Further Big Cuts To OCR Unlikely

Friday, 12 September, 2008 - 12:49

12 September 2008 - It will be unlikely that the Reserve Bank will deliver further big cuts to the Official Cash Rate (OCR), particularly if the economy achieves a 'soft landing', investment analysts at consulting, outsourcing and investment firm Mercer said today.

Exports - The Key To Sustaining A High Dollar

Tuesday, 9 September, 2008 - 10:39

The fall in the New Zealand dollar that came after the Reserve Bank cut the Official Cash Rate in August has been a welcome sight for exporters, and another OCR cut looms this week.

Independent Report Sees Considerable Shareholder Benefits

Wednesday, 20 August, 2008 - 09:56

20 August 2008 - Silver Fern Farms today said that an Independent Adviser's Report to assess the merits of the proposed partnership with PGG Wrightson Limited (PGW) has identified that the proposal has a number of significant positive benefits for shareholders of Silver Fern Farms.

Mobile Phone Tool Lets Investors Keep Tabs On Portfolio

Monday, 18 August, 2008 - 14:44

Investors can monitor and trade CFDs on the go with CMC Markets' Mobile Marketmaker®

Better Prices For Sheep And Beef Farmers This Season

Monday, 18 August, 2008 - 14:42

Sheep and beef farm profits will be much better next season with improved in-market prices for lamb, beef and strong wool due to tightening supply and some depreciation in the New Zealand exchange rate, according to Meat & Wool New Zealand's New Season Outlook 2008-2009.

Decreased Levels Of Currency Hedging By Both Importers And Exporters

Monday, 14 July, 2008 - 14:50

14 July 2008 - The average period of hedging for importers - weighted by the level of NZ dollars hedged - is 8.3 months (i.e.