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Despite a severe drought that resulted in a shorter milking season for many of New Zealand’s dairy farmers, milk production only decreased by 1.6% during the 2012/2013 season.
Claims by the Auckland Taxi Association that 50 drivers who have been campaigning for better conditions at Auckland Airport have been sacked are false.
Housing Minister Dr Nick Smith today welcomed the release of the Land Use Recovery Plan by Canterbury Earthquake Recovery Minister Gerry Brownlee.
Labour’s Canterbury Earthquake Recovery spokesperson Ruth Dyson has renewed a call for an asbestos register in light of major concerns about future exposure.
Crown research institutes’ operating surplus was $24.1 million in the year ended 30 June 2013, StatisticsNew Zealand said today. Their operating surplus was $6.1 million smaller than in the year ended June 2012, when income exceeded spending by $30.2 million.
CURRENCY: Focus tonight will be US payrolls. Consensus forecast are for 185k and with ADP and jobless strength markets will likely be disappointed by any miss, sending NZD/USD higher.
RATES: Expect NZ interest rates to open higher in line with offshore moves.
The NZD/USD was dragged lower by the AUD yesterday, but stabilised overnight to sit around 0.8180 currently.
At a meeting late today, workers at Unilever’s washing powder factory in Petone were told that their jobs will likely be gone and the factory will close by 2015, says the Engineering, Printing and Manufacturing Union.
Despite repairing more highly damaged homes than first expected, the Earthquake Commission and Fletcher EQR’s Canterbury Home Repair Programme (CHRP) will fall short of its 2013 completion target for the most damaged homes.
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