Thu, May 17, 2012, 7:21 AM NZST - New Zealand Markets open in 2 hrs 9 mins

Rural News

  • CCA to sell Fiji Bitter in Australia AAP - Tue, May 15, 2012 9:48 PM NZST
    CCA to sell Fiji Bitter in Australia

    Alcohol will once again become the real thing for Coca-Cola Amatil (CCA) when it is cleared to re-enter the local beer market from next year.The beverage maker says it plans to sell Fiji Bitter as well ...

  • Aust bonds hit record high on Greek woes AAP - Tue, May 15, 2012 11:23 AM NZST

    Australian bond future prices have risen to their highest level ever amid fears Greece's political crisis could see it exit the euro zone.At 0830 AEST on Tuesday, the 10-year bond futures contract was ...

  • Ten more days of vigilance over fruit fly AAP - Mon, May 14, 2012 10:44 AM NZST

    New Zealand's Biosecurity officials say they are very confident they have found the only Queensland fruit fly in Auckland, but it will be next week before they bet the farm.A male Queensland fruit fly ...

  • American car designer Carroll Shelby dies AAP - Sat, May 12, 2012 12:34 PM NZST
    American car designer Carroll Shelby dies

    Decades after a heart condition forced him to retire from racing, Carroll Shelby still loved to drive US muscle cars. Well into his 80s, the legendary American car designer spent hours testing his last ...

  • Tasmania ranked No.2 for wine investment AAP - Thu, May 10, 2012 9:22 PM NZST
    Tasmania ranked No.2 for wine investment

    A leading international wine magazine says Tasmania is second only to China as the best place in the world to invest in the industry.The Drinks Business says the island state's cool climate, affordable ...

  • $A heading for parity with $US: analysts AAP - Wed, May 9, 2012 7:21 PM NZST

    The Australian dollar is drifting towards the $US1.00 mark as fear grips global financial markets.The dollar was trading at $US1.0057 at 1500 AEST on Wednesday afternoon, about one US cent lower than on ...

  • $A heading for parity, traders say AAP - Wed, May 9, 2012 6:28 PM NZST

    The Australian dollar is drifting towards the $US1.00 mark as fear grips global financial markets.The dollar was trading at $US1.0057 at 1500 AEST on Wednesday, about one US cent lower than on Tuesday.Westpac ...

  • Stocks to watch early on Tuesday AAP - Tue, May 8, 2012 9:39 AM NZST

    Stocks to watch on the Australian stock exchange eearly on Tuesday:ALS - ALESCO CORPORATION LTD - up 6.0 cents, or 2.94 per cent, at $2.10DLX - DULUXGROUP LTD - down one cent, or 0.34 per cent, at $2.95Alesco ...

  • $A down ahead of US payroll data AAP - Fri, May 4, 2012 7:50 PM NZST

    The Australian dollar has fallen a third of a US cent after the central bank cut its inflation and growth forecasts and traders positioned themselves ahead of the release of US employment data.At 1700 ...

  • Kiwi Saver decision rules in favour of union Newstalk ZB - Fri, May 4, 2012 6:33 PM NZST

    The Employment Relations Authority has ruled in favour of a union in a Kiwi Saver contribution case.

  • Westpac delays cut to focus on $3bn profit AAP - Thu, May 3, 2012 5:57 PM NZST
    Westpac delays cut to focus on $3bn profit

    Westpac chief executive Gail Kelly says she is amazed by the attention variable mortgage rates attract, despite delaying a cut to the bank's rates to deliver a near $3 billion first half profit.Westpac ...

  • Coles-branded frozen veg to be home grown AAP - Thu, May 3, 2012 5:56 PM NZST
    Coles-branded frozen veg to be home grown

    Coles' supermarket-branded frozen vegetable line is to be completely home-grown.The supermarket giant announced on Thursday that all 30 lines of its Coles-branded frozen vegies would be sourced from Australian ...

  • Queensland launches a new apple AAP - Thu, May 3, 2012 3:00 PM NZST
    Queensland launches a new apple

    Move over Pink Lady and Granny Smith, a new apple is set to hit the market and it promises to be loveable.The Kalei apple was launched in Brisbane on Thursday after a 20-year breeding program at Applethorpe, ...

  • Westpac posts near $3b half year profit AAP - Thu, May 3, 2012 1:41 PM NZST
    Westpac delays cut to focus on $3bn profit

    Westpac Banking Corporation is unlikely to pass on the central bank's 0.5 per cent rate cut despite making a near $3 billion profit in the first half of its fiscal year.Chief executive Gail Kelly said ...

  • Origin signs gas supply deal AAP - Wed, May 2, 2012 11:31 AM NZST

    Origin Energy has struck a deal to supply gas to a joint venture of major energy suppliers.Origin on Wednesday said it would supply 365 petajoules (PJe) of gas over 10 years from 2015 to GLNG, which is ...

  • Trump demands Scotland nix wind turbines AAP - Thu, Apr 26, 2012 12:11 PM NZST
    Trump demands Scotland nix wind turbines

    Donald Trump has demanded in parliament that Scotland end plans for an offshore wind farm he fears will spoil the view at his exclusive new golf resort.In a typically blunt display, the New York property ...

  • US mad cow discovery was a stroke of luck AAP - Wed, Apr 25, 2012 10:20 PM NZST
    US mad cow discovery was a stroke of luck

    A nondescript building has become the focus of intense scrutiny after mad cow disease was discovered in a dead dairy cow.The finding, announced on Tuesday, is the first new case of the disease in the US ...

  • Agriculture and fisheries industry under pressure Newstalk ZB - Wed, Apr 25, 2012 4:52 PM NZST

    New Zealand's agriculture and fisheries industry is under extreme pressure from exchange rates and fuel costs.

  • Mad cow disease found in California AAP - Wed, Apr 25, 2012 1:20 PM NZST
    US mad cow discovery was a stroke of luck

    The United States, one of the world's top beef exporters, says a case of mad cow disease has been discovered in California.No meat has entered the food chain and the cow "at no time presented a risk ...

  • $A down on soft PPI, rate cut hint AAP - Mon, Apr 23, 2012 7:33 PM NZST

    The Australian dollar has moved lower on official data showing weak inflation at the farm and factory gate, which has added to the case for a rate cut by the central bank.The producer price index (PPI) ...

  • $A lower on weak PPI AAP - Mon, Apr 23, 2012 7:26 PM NZST

    The Australian dollar has moved lower on official data showing weak inflation at the farm and factory gate, which has added to the case for a rate cut by the central bank.The producer price index (PPI) ...

  • Bond prices higher on inflation data AAP - Mon, Apr 23, 2012 6:57 PM NZST

    Australian bond future prices are higher after a fall in producer prices raised expectations of an interest rate cut in May.CMC Markets chief market strategist Michael McCarthy said bond prices rose after ...

  • Weak producer prices hint at rate cut AAP - Mon, Apr 23, 2012 4:21 PM NZST

    A weak reading for inflation at the farm and factory gate has further heightened expectations that the central bank will cut interest rates in May.The producer price index (PPI) at the final stage of production ...

  • $A higher, helped by US earnings AAP - Mon, Apr 23, 2012 9:36 AM NZST

    The Australian dollar is slightly higher, helped by encouraging US corporate earnings and some positive comments from the IMF.Stronger profits from Microsoft, McDonald's and other major US corporations ...

  • RBA likely to cut rates in May: economists AAP - Fri, Apr 20, 2012 6:12 PM NZST
    RBA likely to cut rates in May: economists

    Inflation figures for the March quarter are expected to be within the central bank's target band, opening the door to an official rate cut in May, economists say.In its last rates decision in April, the ...

  • Plimer steps in as Friedland bows out AAP - Thu, Apr 19, 2012 9:39 PM NZST
    Plimer steps in as Friedland bows out

    Climate change sceptic Ian Plimer has stepped in as chairman of Ivanhoe Australia after Canadian billionaire Robert Friedland quit the miner following a power play by major shareholder Rio Tinto.Ivanhoe ...

  • Dairy farmers prepare for lower returns Newstalk ZB - Thu, Apr 19, 2012 8:23 AM NZST

    Dairy farmers are bracing themselves for lower returns.

  • BOQ outlines turnaround plan after loss AAP - Wed, Apr 18, 2012 7:07 PM NZST
    BOQ outlines turnaround plan after loss

    The Bank of Queensland (BOQ) has outlined it much-anticipated turnaround plan after posting a $90.6 million first half loss.BOQ became the first Australian bank to plunge into the red in nearly two decades ...

  • Survey shows business confidence on the rise Newstalk ZB - Mon, Apr 16, 2012 11:07 AM NZST

    The see-sawing state of New Zealand's business confidence continues with the latest BNZ survey ending on an upward note.

  • Business leader Barnett off to Indonesia Newstalk ZB - Sat, Apr 14, 2012 3:04 PM NZST

    Auckland's economy will be the focus for business leader Michael Barnett as he heads to Indonesia today.

  • Fonterra's China expansion a smart move Newstalk ZB - Fri, Apr 13, 2012 5:34 AM NZST

    Fonterra's expansion into China is being labelled a smart move.

  • Fonterra sets world record for milk powder Newstalk ZB - Mon, Apr 9, 2012 10:37 AM NZST

    Fonterra has set a new world record for milk powder production.

  • Restaurant price rises imminent Newstalk ZB - Thu, Apr 5, 2012 4:45 PM NZST

    Consumers are being warned to expect a rise in restaurant prices this month

  • QBE insurance premiums up 7% AAP - Wed, Apr 4, 2012 7:21 PM NZST
    QBE insurance premiums up 7%

    QBE's insurance premiums will increase by seven per cent in 2012 and continue to climb into 2013 as the insurance giant tries to recoup the cost of disasters in Australia and overseas.And people living ...

  • US car sales surge in March AAP - Wed, Apr 4, 2012 10:11 AM NZST
    US car sales surge in March

    The recovery in the US car industry has moved into the fast lane.With petrol prices near $US1.05 ($A1.01) a litre, smaller cars like the Ford Focus, Nissan Versa and Fiat 500 flew off dealer lots in March ...

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