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The following articles are sourced from The New Zealand Herald


NZ dollar pops above 84 US cents
Fri, 22 Aug 2014 09:50
The New Zealand dollar gained overnight, popping back above the key 84 US cent level, as traders look to an upcoming speech by US Federal Reserve chair Janet Yellen to the annual Jackson Hole gathering of central bank governors, amid...

 

Stock takes: Drury Hits Back
Fri, 22 Aug 2014 09:30
Xero boss Rod Drury is disappointed with the sell recommendation Craigs Investment Partners has slapped on the company's stock and he says some financial analysts are overestimating the strength of the Kiwi firm's main competitor...

 

Wall Street touches record overnight
Fri, 22 Aug 2014 07:32
Wall Street rose overnight, lifting the Standard & Poor's 500 Index to a record, as a flurry of economic data underpinned the view that growth in the world's largest economy is accelerating at a pace that allows the US...

 

Steady hand up against a wider vision
Fri, 22 Aug 2014 07:03
New Zealand's economic recovery is tentatively under way, albeit with a few wobbles.The path out of recession has been built largely on commodity exports and the rebuild of Christchurch in the wake of its earthquakes.In its six...

 

Consumer confidence sinks to 10-month low
Thu, 21 Aug 2014 13:37
New Zealand consumer confidence fell to a 10-month low in August, suggesting rising interest rates, weaker commodity prices and waning house price inflation are denting sentiment in an economy that may be growing at a slower pace....

 

Wool prices rebound
Thu, 21 Aug 2014 12:51
New Zealand wool prices have firmed over the last few weeks and have performed strongly over the last year, driven by a wool shortage, ASB Bank said its latest issue of Commodities Weekly.The bank said wool had been a "quiet achiever"....

 

China's baby boom wagers go bust on child cost burden
Thu, 21 Aug 2014 11:30
Nine months after stock-market wagers on a baby boom in China reached record levels, the bets have turned into some of the nation's biggest losers as living costs deter couples from having more than one child.While milk-powder producers...

 

Migration boom hits 11-year high
Thu, 21 Aug 2014 11:00
New Zealand's annual migration extended its decade highs in July, with the inflow continuing to surpass Treasury and Reserve Bank expectations.The country gained a net 41,000 migrants in the year through July, the highest since...

 

NZ dollar declines on US dollar strength after upbeat FOMC minutes
Thu, 21 Aug 2014 08:47
The New Zealand dollar declined as the US dollar strengthened after minutes to the Federal Reserve's last meeting were more upbeat than expected about the world's largest economy.The kiwi fell to 83.67 US cents at 8am in Wellington,...

 

Wall St up as rate chatter rises
Thu, 21 Aug 2014 07:49
Wall Street advanced overnight, while US Treasuries fell as investors await Federal Reserve Chair Janet Yellen's speech this Friday at the annual gathering of the world's top central bankers in Jackson Hole for her take on...

 

NZ dollar falls as greenback rises
Wed, 20 Aug 2014 18:04
The New Zealand dollar fell to a five-month low as the greenback broadly rose on speculation the Federal Reserve is closer to raising interest rates and sentiment for the kiwi was dented by weaker dairy prices and what may be a prolonged...

 

NZ dollar declines amid lower growth, inflation forecasts and weaker dairy prices
Wed, 20 Aug 2014 08:36
The New Zealand dollar fell as investors speculate that lower growth and inflation expectations and weaker dairy prices may slow the pace of interest rate increases by the Reserve Bank which has signalled it wants to move rates back...

 

Home Depot lifts Wall St
Wed, 20 Aug 2014 07:47
Wall Street gained overnight after a report showed US housing starts rose to the highest level in eight months, while Home Depot posted better-than-expected earnings, bolstering hope that the American real estate market is...

 

Dairy prices slip to two-year low
Wed, 20 Aug 2014 07:00
Dairy prices showed signs of stabilising at the latest GlobalDairyTrade auction overnight, with the main price index slipping by just 0.6 per cent.Farmers will take heart from a 3.4 per cent gain to US$2,804 a tonne in the price...

 

Airfares and hotel prices on the rise
Wed, 20 Aug 2014 05:00
Corporate travel specialist Carlson Wagonlit Travel forecasts modest airfare growth from and around New Zealand next year.Spokesman Mike Orchard said airfare prices were expected to increase by 0.4 per cent, below the global forecast...

 

Big call for small beers
Wed, 20 Aug 2014 05:00
Export demand for New Zealand craft beer is expected to triple over the next decade as Asian consumers develop a taste for boutique brews, but local breweries will have to significantly increase production if they want to cash in,...

 

Economy slower but still robust
Wed, 20 Aug 2014 05:00
The economy has lost some momentum since earlier in the year, the Treasury says, though it still describes the pace of expansion as robust.Its pre-election economic and fiscal update (Prefu) still forecasts a small $300 million...

 

Editorial: Govt wrong to prop up surplus with ACC levies
Wed, 20 Aug 2014 05:00
A pre-election fiscal update is one of the most valuable forces for economic stability in our political system. Introduced by Ruth Richardson more than 20 years ago, it forces all parties at elections to reconcile their promises with...

 

English: Tax cuts ahead but no pre-election reveal
Tue, 19 Aug 2014 14:00
With a surplus, albeit a smaller one of $297 million still in his sights this year, Finance Minister Bill English has confirmed his Government has budgeted for tax cuts some time over the next four years but this morning ruled out...

 

NZ's 'rock star' status dims
Tue, 19 Aug 2014 12:02
Paul Bloxham, the economist who first said New Zealand's economy had achieved "rock star" status, has conceded the sharp decline in dairy prices over the last six months has clouded the outlook somewhat.Dairy prices are 40 per...

 

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