
NZ annual trade deficit at seven year low
NZ had a lower than expected trade deficit of $269m in November, while the annual trade deficit fell to its lowest level since September 2002.
Stories and analysis from The Northern Express Herald.
The value of imports fell more quickly than the value of exports last month, but not enough to prevent a $487 million trade deficit.
Technology exports are quickly becoming our biggest moneymakers, rivalled only by dairy.
New Zealand will not consider the unilateral reduction of any tariffs until 2015 at the earliest, says Trade Minister Tim Groser.
For the first time in over a year economic growth prospects have been revised upwards, an economic think-tank says.
Greenpeace is trying to keep up pressure on Fonterra to limit its use of palm kernel feed with a public rally outside the Ports of Tauranga.
Farmers have described Greenpeace's occupation of an inbound cargo vessel as 'economic treason.'
Police make second arrest while expressing serious safety concerns for activists aboard a cargo ship off the Tauranga coast.