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New Zealand Wool Services market report

Thursday, 8 June, 2017 - 15:53

New Zealand Wool Services International Ltd’s Marketing Executive Mr Nathan Arthur reports that market conditions remain unchanged with the strong NZ dollar and Chinese inactivity, combined with higher seasonal wool flow, is undermining wool values.

May commercial registrations highest of all time

Friday, 2 June, 2017 - 17:38

Glynn Tulloch, President of the Motor Industry Association says, "Registration of 13,132 vehicles for the month of May confirms that the growth seen so far this year is sustainable and shows every sign of continuing".

RBNZ and FMA welcome new Global Code of Conduct

Friday, 26 May, 2017 - 10:04

The Reserve Bank and Financial Markets Authority have welcomed the release of a new code to promote good practice in the international foreign exchange market.

Wool prices reflect NZ dollar gains

Thursday, 25 May, 2017 - 14:42

New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the North Island offering of 7,700 bales saw a 69 percent clearance with most types easing in local terms mainly due to a significantly stronger New Zealand dollar.

Reserve Bank renews currency swap facility with People's Bank of China

Friday, 19 May, 2017 - 14:06

The People's Bank of China (PBOC) and the Reserve Bank of New Zealand today announced the renewal of a reciprocal currency arrangement (swap line) to support the settlement of cross border transactions between New Zealand and Chinese businesses.

International visitors spend $10 billion in year to March 2017

Friday, 19 May, 2017 - 11:31

Spending by international visitors in New Zealand was $10 billion for the year ending March 2017, according to the latest International Visitor Survey released today by the Ministry of Business, Innovation and Employment (MBIE).

South Island wool prices strengthen

Thursday, 18 May, 2017 - 15:17

New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that a wider range of better styled wools and a renewed interest from some sectors this week saw the market well supported.

Weaker dollar moves wool up

Thursday, 11 May, 2017 - 14:18

New Zealand Wool Services International Limited’s C.E.O, Mr John Dawson reports that the slightly weaker New Zealand dollar compared to last weeks’ sale helped lift local prices. Of the 6000 bales on offer, 78.0 percent sold.

Farm gate newsletter for May 10th 2017

Wednesday, 10 May, 2017 - 16:10

Alternatives to dairy Keith Woodford, 

North American visitor growth to continue

Tuesday, 9 May, 2017 - 11:17

Auckland Airport’s modelling shows that New Zealand can look forward to further visitor growth from North America.