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Despite a falling exchange rate, the AA says petrol prices should be falling too.
Many architecture jobs are being created as building projects continue to boom in New Zealand, particularly on the commercial side in Christchurch and the residential side in Auckland, says recruiting experts Hays.
The dynamics of dairy farming in Northland are undergoing the biggest shake-up the sector has seen in more than 50 years - with a wave of ‘out-of-towners’ coming into the region to take advantage of the comparatively cheap land on offer.
By Chay Flack (Equities Dealer, CMC Markets Stockbroking)
The Australian market has added 17 points after mixed news from the US.
Social Development Minister Paula Bennett says 157 people across the country have so far taken up the Government’s 3K to Christchurch scheme.
The NZD was whipsawed by a strong US GDP number and a mixed FOMC statement, but remains slightly weaker against the USD at 0.8490.
CURRENCY: The USD will continue to drive currency direction, and we expect it to remain bid as we await payrolls and ISM data on Friday night. US jobless claims and employment costs will dictate direction tonight.
Dairy farmers should pay close attention to farm costs this season, says industry body DairyNZ, in response to the reduced 2014/15 forecast milk price announced yesterday.
"After six long years of working life getting tougher in New Zealand workers have been given a real choice today with the announcement of Labours Industrial Relations policy package." CTU President Helen Kelly said
A Labour government will raise the minimum wage $2 an hour to $16.25 and restore work rights to ensure the benefits of economic growth are shared fairly by all New Zealanders, Labour Leader David Cunliffe says.
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