Reserve Bank governor Graeme Wheeler kept the official cash
rate at 3.5 percent, and toned down the prospect of higher
interest rates as inflation remains unexpectedly low. The New
Zealand dollar fell.
With less kilojoules, less
sugar and less trademark red packaging, Coca-Cola's new Life
drink, sweetened with plant extract stevia, will arrive in
New Zealand next year.
New Zealand Oil & Gas' main focus may be its Indonesian
prospects but three areas in the southern Great South Basin
remain on its radar for further exploration.
A bale of 13.5-micron merino wool that sold for $54kg greasy,
or $78 clean, was a feature of this week's wool sale in
Job insecurity for New Zealanders is increasing as the
Government pushes through its employment amendments
legislation which will significantly change the way some
workers and employers interact.
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