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Reader poll

Below $6.
49% (68 votes)
Between $6 and $6.50.
40% (56 votes)
About the $7 per kgMS Fonterra's currently forecasting.
11% (16 votes)
Total voters: 140

What will Fonterra's 2014-15 dairy season payout (Farmgate Milk Price that excludes dividends) ultimately be?

Older polls

Bonds

What happened today

A review of things you need to know before you go home on Tuesday; Danone angry at High Court, Bennett on warpath, flyover succumbs to nimbys, wholesale rates flatten

Bernard's election diary - July 22

Updated
Cunliffe rejigs election campaign after crisis caucus meeting; says should not have taken holiday; Key refuses to apologise to Tania Billingsley; Hauiti won't stand again

90 seconds at 9 am: New China food scare

China restarts RMBS sales to bolster housing; another China food scare; UST 10yr 2.46%; oil markets reassured; NZ$1 = US$0.869, TWI = 80.9

What happened Monday

A review of things you need to know before you go home on Monday; farms sell for higher prices, lifestyle blocks don't, migration rises, credit card use doesn't, swap rates unchanged

Slow recognition of emerging economic headwinds

Roger J Kerr says confidence levels remaining high is understandable, however not that sensible. But he also sees an 'unexpected' opportunity to fix interest rates long-term

Stars finally aligning for a weaker Kiwi dollar

Roger J Kerr says our 'rock star' economy is suffering from smaller audiences and declining fan interest because our rosy economic picture has wilted

Net migration at 11 year high

Updated
Net migration 4,300 in June; highest since Feb 2003; Net migration to Australia was zero; First time since 1991; Record high 100,000 migrants came in year to June

Bernard's election diary - July 21

Updated
Cunliffe hits back at anonymous critic; Labour languishes in polls; Winston Peters would take GST off food and rates, but would impose CGT on foreigners; Your view?

90 seconds at 9 am: Swaps sink sharply

FX rigging in London; India dampens possible trade agreement; NZ swap rates fall; oil and gold down, equities higher; NZ$1 = US$0.868, TWI = 80.8

What happened Friday

A review of things you need to know before you go home on Friday; big bank shortfalls, welfare rolls shrink, oil falls while petrol rises, Racing industry has tax issues, more sharp swap falls