Business

Business stories

Strong sales show venison, velvet industry booming

Dunedin Confidence in the future profitability of venison and velvet production has flowed through to the market for sire stags, with strong sales reported throughout...

Michael Hill gives up on decade-long US experiment

Auckland Michael Hill International, the jewellery chain founded by its namesake, will wind up its United States operations after a decade-long investment failed to build...

Busy week keeps investors on toes

Jeremy Crang of Craigs Investment Partners It has been a busy week for markets. A mass of economic data releases, a strong start to the United...

Inflation weaker than forecast

Wellington Fourth-quarter inflation was lower than expected as higher fuel prices were offset by a slide in food prices and as some major retailers moved...

Govt posts surprise surplus

Wellington The Government posted an unexpected operating surplus in the first five months of the financial year as rising consumer spending boosted GST revenue and...

Record log exports concern processors

Wellington New Zealand log exports hit a new record last year, underscoring local manufacturers' concerns the country is sending too many unprocessed logs overseas, posing...

Top of the flock . . .

Dunedin South Otago farmers Howie and Marion Gardner topped the South Island ram fair in Gore last week, selling a Perendale ram for $8600. It was...

Three new cases of cattle disease

Wellington Three new cases of the cattle disease mycoplasma bovis have been found at South Island farms. The Ministry for Primary Industries says the discoveries bring...

My Farm sees dairy investments waning

Wellington New Zealand's largest rural investment syndicator My Farm Investments is moving its focus away from its dairy farming origins and expects future growth to...

Sweet start to honey season

Auckland The $5 billion-a-year New Zealand honey industry is on its way to recovery after one of its poorest seasons in decades last year. The 2017...
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