Latest Economy Headlines

English says NZ dollar 'unsustainably high'

Wed, 23 Jul 2014 15:09:06 +1200 | BusinessDesk

July 23 (BusinessDesk) - Finance Minister Bill English said the New Zealand dollar, which hit a record on a trade-weighted basis this year, is "unsustainably high". More >>

Redundancies at Fonterra packaging facility in Waikato

Wed, 23 Jul 2014 14:33:16 +1200 | Dairy Workers Union

The Dairy Workers Union says redundancies at a Fonterra packaging plant in Waikato will come as a heavy blow to those affected and the union will be doing everything it can to support workers.More >>

Labour's regional policy not the whole answer

Wed, 23 Jul 2014 14:01:01 +1200 | Employers And Manufacturers Association

The priority for Labour's regional development policy should switch from sprinkling money around to changing the laws holding back growth in the regions, the Employers and Manufacturers Association says.More >>

Griffin's to ramp up exports under new ownership, CEO says

Wed, 23 Jul 2014 13:53:44 +1200 | BusinessDesk

July 23 (BusinessDesk) - Griffin's Foods, the maker of Gingernuts and Eta brand snacks, plans to lift exports to more than 50 percent of sales within five years by leveraging new owner Universal Robina Corp's links in southeast Asia, says incoming chief executive ...More >>

Downed Malaysian Plane Could Impact NZ Economy

Wed, 23 Jul 2014 13:33:24 +1200 | Massey University

The shooting down of Malaysian Airways flight MH17 over Ukraine may yet have an impact on New Zealand’s economy, says a Russian economist from Massey University. More >>

Nepal Budget of 2014

Wed, 23 Jul 2014 13:09:02 +1200 | Siddhi B. Ranjitkar

On Sunday, July 13, 2014. Finance Minister Dr Ram Sharan Mahat read out the Budget for the fiscal year (FY) 2014 at the parliament. The budget text was short but it had many useful tables with data for anyone to verify what Dr Mahat had said in the ...More >>

Fonterra job losses a massive blow to Waikato

Wed, 23 Jul 2014 12:05:02 +1200 | New Zealand Labour Party

The potential loss of up to 114 jobs from Fonterra’s Canpac plant in Hamilton is a massive blow to the Waikato region which has already lost hundreds of jobs, Labour says.More >>

Regional growth requires better regulation

Tue, 22 Jul 2014 16:05:03 +1200 | Business New Zealand

Regional growth requires better regulation BusinessNZ has welcomed Labour’s focus on regional prosperity. BusinessNZ Chief Executive Phil O’Reilly says the regions hold great economic potential which could be unlocked with the right policies. He ...More >>

SMEs in the regions will welcome investment - survey

Tue, 22 Jul 2014 14:45:17 +1200 | MYOB

As political parties release their regional strategies in the lead up to this year’s general election, regional businesses will be welcoming the increased attention on spreading growth across New Zealand.More >>

Strong migration data likely to seal OCR increase Thursday

Tue, 22 Jul 2014 13:26:22 +1200 | CMC Markets

The Kiwi continues to consolidate around 0.8700 in the lead up to Thursday’s Reserve Bank OCR review. While last week’s Q2 CPI number printed just below market expectation, it was largely in line with the Reserve Bank’s June projections at +0.3% for the ...More >>

Indigenous Peoples Can't be ‘Deleted’ from Development Goals

Tue, 22 Jul 2014 12:49:44 +1200 | UN Human Rights Office

21 July 2014 GENEVA / NEW YORK– The new United Nations sustainable development goals must not be a step backwards for indigenous peoples, a group of UN experts* on indigenous peoples has warned today. Their call comes after a meeting held by ...More >>

G20 Beware: Trade Deals Threaten Health Care and Environment

Tue, 22 Jul 2014 12:16:58 +1200 | AFTINET

The NSW Nurses and Midwives’ Association (NSWNMA) and the Australian Fair Trade & Investment Network Ltd (AFTINET) have called on the Federal Government to heed warnings over secret global trade deals, in particular, negotiations around the Trans-Pacific ...More >>

LGNZ welcomes Labour’s announcement on regional development

Tue, 22 Jul 2014 12:01:44 +1200 | Local Government NZ

Local Government New Zealand (LGNZ) has welcomed today’s announcements from Leader of the Opposition David Cunliffe on regional development. The Hon Cunliffe launched Labour’s regional development policy to more than 550 delegates at the annual 2014 ...More >>

Labour makes desperate sop to the regions

Tue, 22 Jul 2014 11:58:05 +1200 | New Zealand Government

The Labour Party's regional announcement today is a desperate bid to distract people from Labour’s own internal problems, including how their regionally based candidates and MPs are deserting them, Economic Development Minister Steven Joyce says.More >>

Peters: Policies to support NZ Manufacturers and Exporters

Tue, 22 Jul 2014 10:35:26 +1200 | New Zealand First Party

As we all know, a successful economy is the essential precondition for a prosperous society that will enable all New Zealanders to lead a full and satisfying life. And the plain fact is that unless we begin to dramatically improve New Zealand’s economic ...More >>

Regulator's draft view trims returns for network monopolies

Tue, 22 Jul 2014 10:29:15 +1200 | BusinessDesk

Regulator's draft view on monopoly networks would be $33M a year win for consumers More >>

Labour will revive the regions with new fund

Tue, 22 Jul 2014 09:48:14 +1200 | New Zealand Labour Party

Labour will revive the regions with new fund The next Labour Government will co-develop Regional Growth Plans for every region of New Zealand and will invest at least $200 million in a fund to create breakthrough opportunities for jobs and sustainable growth, ...More >>

Forest & Bird to mark On the Block campaign at Parliament

Tue, 22 Jul 2014 09:42:52 +1200 | Forest And Bird

Independent conservation organisation Forest & Bird will hold a photo opportunity at Parliament at noon today to highlight the, unprecedented rights sell-off to frack, log, drill and mine New Zealand’s public conservation land.More >>

NZ dollar gains after Griffin's deal; rate review looms

Mon, 21 Jul 2014 17:22:48 +1200 | BusinessDesk

July 21 (BusinessDesk) - The New Zealand dollar rose as the $700 million sale of Griffin's Foods to a Philippines-based company stoked expectations of demand for the kiwi and as traders pondered the likely language the Reserve Bank will use if ...More >>

Leading economists share thinking for a changing NZ

Mon, 21 Jul 2014 16:41:09 +1200 | Local Government NZ

Whether we like it or not New Zealand’s social landscape is changing as the population ages, becomes more diverse and increasingly urbanised. More >>

 

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