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    • Coalition carbon price cut immoral: Combet AAP - Fri, May 17, 2013 6:56 PM NZST
      Coalition carbon price cut immoral: Combet

      A federal opposition plan to repeal the carbon tax if it wins government has been labelled immoral by a senior Labor minister, who says such a move cannot go ahead. Climate Change Minister Greg Combet ...

    • Cranberry farmers struggle as price drops AAP - Fri, May 17, 2013 3:02 PM NZST

      US cranberry farmers who spent millions of dollars to replant and expand bogs face a financial crisis after a huge harvest in Canada flooded the market and sent prices plummeting. Farmers in Wisconsin, ...

    • Electricity costs bumped up price index Newstalk ZB - Fri, May 17, 2013 2:26 PM NZST

      Higher costs of generating electricity have contributed to a rise in the producers price index.

    • Oil-leasing farmers aren't making a killing Newstalk ZB - Thu, May 16, 2013 11:43 AM NZST

      A Taranaki solicitor says farmers who lease their land to energy companies are not making a killing from compensation pay outs.

    • Greens seek 'fairer' baby bonus AAP - Wed, May 15, 2013 7:58 PM NZST
      Greens seek 'fairer' baby bonus

      Australian Greens leader Christine Milne says the unemployed will be unfairly hit by Labor's axing of the baby bonus. Treasurer Wayne Swan on Tuesday announced the baby bonus would be abolished and a lower ...

    • Economic storm clouds gather for Russia AAP - Wed, May 15, 2013 11:01 AM NZST

      When Vladimir Putin returned one year ago to the Kremlin for a historic third term, Russia could boast robust if unspectacular growth, a budget flush with cash from high oil prices and the world's most ...

    • Public service to lose 1200 jobs AAP - Tue, May 14, 2013 11:25 PM NZST

      The Gillard government is cutting more than 1200 public service jobs in next year's budget. Tuesday's federal budget shows overall public service numbers will rise by an estimated 746 people in 2013-14. ...

    • Another blowout in asylum seeker costs AAP - Tue, May 14, 2013 10:48 PM NZST

      The Gillard government has revealed another $3 billion blowout in the cost of managing asylum seekers. Tuesday's federal budget shows asylum seeker costs will be almost $2.9 billion in 2013-14 - more than ...

    • Starbucks aims to recreate coffee klatch AAP - Mon, May 13, 2013 3:01 PM NZST

      Back in the social-media stone age, about 2005, customers who yearned to interact with Starbucks could talk to a barista or read quotes on its coffee cups. "Love wins," read quote No 257, from ...

    • Buying into the food boom AAP - Fri, May 10, 2013 7:49 PM NZST

      If Australia supposedly has a future as the food bowl of Asia, why is it no one in Australia wants to invest in food? The mining boom is tapering as resource companies cut back investment, but there is ...

    • $A on its way towards parity AAP - Fri, May 10, 2013 12:25 PM NZST
      $A on its way towards parity

      The Australian dollar has plummeted almost two US cents and could be on its way back below the 100-US cent mark for the first time in nearly a year. The dollar tumbled overnight as investors piled into ...

    • Caltex posts $190m first quarter profit AAP - Thu, May 9, 2013 7:10 PM NZST
      Caltex posts $190m first quarter profit

      Caltex's first quarter profit has jumped almost 80 per cent but the company says refiners' margins are likely to be squeezed as capacity in Asia and the Middle East grows. The oil refiner and distributor ...

    • Superhero app an udder cash cow for dairy AAP - Thu, May 9, 2013 12:01 PM NZST

      Chris and Tyler Parkinson thought their mobile application had the potential to be a cash cow. They just needed to find a dairy that agreed. The Ohio brothers, who grew up on a dairy farm in Utica, a small ...

    • RBA cut gives economy breathing room AAP - Tue, May 7, 2013 6:10 PM NZST

      Business groups have applauded the decision by the central bank to cut the official interest rates to a new low. The Australian Retailers Association (ARA) said the move by the Reserve Bank of Australia ...

    • Qld cattle industry in crisis: graziers AAP - Tue, May 7, 2013 1:14 PM NZST

      Queensland's cattle industry is in crisis, with prices falling below those seen during the 1970s beef slump, graziers say. Up to 1000 graziers will meet with federal and state agriculture ministers at ...

    • Mining demand boosts Orica's profit AAP - Mon, May 6, 2013 5:43 PM NZST

      Greater demand from miners and the New Zealand dairy industry has help explosives and chemicals supplier Orica increase its profits by six per cent. Orica's net profit of $267 million in the six months ...

    • Orica lifts first half profit AAP - Mon, May 6, 2013 1:36 PM NZST

      Greater demand from miners and the New Zealand diary industry has help explosives and chemicals supplier Orica increase its profits by six per cent. Orica's net profit of $267 million in the six months ...

    • UPDATE 10-Oil pushes up toward $103 after ECB rate cut Reuters Australia - Fri, May 3, 2013 8:43 AM NZST

      * U.S. jobless claims fall to five-year low * ECB cuts interest rates to record low * China, India PMIs show factory-sector growth stumbling * U.S. crude stocks at record high, OPEC output rising (Adds ...

    • UPDATE 9-Oil pushes up toward $103 after ECB rate cut Reuters Australia - Fri, May 3, 2013 7:37 AM NZST

      * U.S. jobless claims fall to five-year low * ECB cuts interest rates to record low * China, India PMIs show factory-sector growth stumbling * U.S. crude stocks at record high, OPEC output rising (Updates ...

    • UPDATE 8-Oil pushes up towards $103 after ECB rate cut Reuters Australia - Fri, May 3, 2013 6:59 AM NZST

      * U.S. jobless claims fall to five-year low * ECB cuts interest rates to record low * China, India PMIs show factory-sector growth stumbling * U.S. crude stocks at record high, OPEC output rising (Adds ...

    • Sharp rise in commodity price index Newstalk ZB - Thu, May 2, 2013 7:17 PM NZST

      Rising dairy prices has led to a more than 12.5 percent increase in the ANZ commodity price index, the largest monthly rise in the history of the series.

    • Aust share market closes lower AAP - Thu, May 2, 2013 7:14 PM NZST

      The Australian share market has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. OptionsXpress market analyst Ben Le Brun said the local bourse had been ...

    • Skellerup reduces full year earnings forecast Newstalk ZB - Thu, May 2, 2013 4:34 PM NZST

      Agricultural products supplier Skellerup has reduced its full year earnings expectations.

    • Malaysia populist windfall fuels debt fear AAP - Thu, May 2, 2013 2:01 PM NZST

      It has never been more lucrative to be a voter in Malaysia, where political rivals are showering the public with cash in a desperate electoral battle, stoking concerns over rising national debt. With May ...

    • Struggle between strong growth, low inflation - Westpac Newstalk ZB - Wed, May 1, 2013 2:37 PM NZST

      Westpac is predicting New Zealand's economy will be characterised by a struggle between strong growth and low inflation.

    • Fonterra set to cut 300 jobs Newstalk ZB - Wed, May 1, 2013 1:18 PM NZST

      Fonterra is looking at shedding 300 jobs.

    • Qld won't sell Energex, Ergon, Powerlink AAP - Tue, Apr 30, 2013 4:45 PM NZST
      Qld won't sell Energex, Ergon, Powerlink

      Energex, Ergon and Powerlink won't be sold by the Queensland government to pay down debt. "We certainly won't be seeking a mandate to sell those at the next election," Premier Campbell Newman ...

    • Japan puts aside Russia row for economics AAP - Mon, Apr 29, 2013 2:08 PM NZST

      Japan's relations with Russia are taking a decidedly business-like turn, as the countries put economic imperatives ahead of a longstanding territorial dispute. Prime Minister Shinzo Abe is about to head ...

    • Boost in exports caused by distrust Newstalk ZB - Fri, Apr 26, 2013 10:25 PM NZST

      It is thought the boost in exports to China is partly because the Chinese don't trust their own products.

    • GrainCorp agrees to US takeover AAP - Fri, Apr 26, 2013 8:11 PM NZST
      GrainCorp agrees to US takeover

      Australia's last listed major grains marketer, GrainCorp, is set for foreign takeover, following the likes of AWB and ABB Grain. GrainCorp has reached conditional agreement to sell to US-based global foods ...

    • Graincorp grows in foreign hands AAP - Fri, Apr 26, 2013 6:38 PM NZST

      With Australia's largest grain handler, Graincorp, set to drop into American hands, it would be easy to despair over the future of the local agricultural industry. But the $3 billion takeover of Graincorp ...

    • Businesses don't want carbon tax: Abbott AAP - Wed, Apr 24, 2013 2:11 PM NZST

      Opposition Leader Tony Abbott says businesses will be better off without a carbon tax, as power companies warn the coalition's climate policy will be tough to implement. Power companies say the coalition's ...

    • PRECIOUS-Gold edges up after 1 pct drop, dollar weighs Reuters Australia - Wed, Apr 24, 2013 12:41 PM NZST

      SINGAPORE, April 24 (Reuters) - Gold stabilised on Wednesday after falling more than 1 percent in the previous session, but the precious metal is still under pressure from a firm U.S. dollar and daily ...

    • Milk season production strong despite drought Newstalk ZB - Wed, Apr 24, 2013 9:21 AM NZST

      The dairy industry appears to standing tall in the face of adversity.

    • All about inflation AAP - Tue, Apr 23, 2013 1:01 PM NZST

      People are always rabbiting on about inflation, but what is it and what's so bad about it? It's all about prices. Inflation is the rate that prices are rising. It's usually measured in per cent per year. ...