Dene Mackenzie

Inflation likely to fall below 1%

Inflation likely to fall below 1%

Inflation is likely to have fallen below 1% in the year ended December and a flat outcome of 0% is expected for the three months ended December, as lower oil and food prices make their mark.

More pessimism over employment

South Island employment confidence has taken a hit due to a variety of reasons, including the lower Fonterra payout and a perceived lack of job opportunities.

Big dry affects dairy production

Big dry affects dairy production

Dairy production is likely to slow below previous forecasts as parts of Canterbury and Otago dry off and water restrictions kick in, ASB rural economist Nathan Penny says.

Almost static food prices good news for grocery bill

Households should be feeling the benefit of continuing low food prices, complementing the ongoing fall in fuel prices, according to the latest Statistics New Zealand data.

Card transactions 'flat'

Card transactions 'flat'

There would be no surprise if listed New Zealand retailers started issuing profit downgrades following the release yesterday of flat electronic card transactions data, Craigs Investment Partners broker Greg Easton said.

Exchange rate, demand boost meat returns

Exchange rate, demand boost meat returns

A more favourable exchange rate and strong demand, particularly for beef, meant an improvement for meat export returns in the three months to December, Beef and Lamb New Zealand figures show.

Agritech exports on the go

Agritech exports on the go

New Zealand's agritechnology exports are worth about $1.2 billion annually and have the potential to grow to about $1.8 billion, research out yesterday shows.

Sector under performing but shows potential

A comparison of between New Zealand's agritechnology exports and its key competitors shows New Zealand is underperforming in size but is showing good growth.

A 'most un-Australian' crisis over dollar

Speculation the New Zealand and Australian currencies may reach parity is causing volatility in the Australian currency as the country faces a slew of confidence-affecting issues.

Low interest rates test investors

Low interest rates test investors

Investors need to make a psychological switch in the way they think of receiving returns on their investments, as interest rates look likely to stay low for at least the next five years.