Dairy prices
Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale
25th Sep 19, 8:47am
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Fonterra says it has $1 billion available for debt reduction after completing its latest asset sale
Roger J Kerr says some currency speculators are likely to be disappointed when the Reserve Bank doesn't deliver an interest rate cut this week
23rd Sep 19, 9:01am
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Roger J Kerr says some currency speculators are likely to be disappointed when the Reserve Bank doesn't deliver an interest rate cut this week
Roger J Kerr says the Australian dollar, with its much improved economic fundamentals, now stands out as the currency of choice for global investors
16th Sep 19, 7:49am
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Roger J Kerr says the Australian dollar, with its much improved economic fundamentals, now stands out as the currency of choice for global investors
S&P Global Ratings sees Fonterra's flexibility over setting the milk price paid to farmers as giving the dairy co-operative a higher debt capacity
12th Sep 19, 1:53pm
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S&P Global Ratings sees Fonterra's flexibility over setting the milk price paid to farmers as giving the dairy co-operative a higher debt capacity
David Hargreaves continues crunching the numbers on Fonterra and points to 2015 as the year it all went terribly wrong
11th Sep 19, 3:09pm
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David Hargreaves continues crunching the numbers on Fonterra and points to 2015 as the year it all went terribly wrong
David Hargreaves crunches some numbers around Fonterra and does little to soothe his own anxiety about the future of New Zealand's dairy giant and our dairy industry
10th Sep 19, 9:26am
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David Hargreaves crunches some numbers around Fonterra and does little to soothe his own anxiety about the future of New Zealand's dairy giant and our dairy industry
Roger J Kerr says New Zealand may have to lead the way again in abandoning arbitrary inflation rate targets, as that regime is no longer fit for purpose
9th Sep 19, 8:08am
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Roger J Kerr says New Zealand may have to lead the way again in abandoning arbitrary inflation rate targets, as that regime is no longer fit for purpose
ANZ agriculture economist Susan Kilsby thinks Fonterra may have to make still further asset write-downs of up to $700 million and may have to withhold some of the milk price payout
5th Sep 19, 10:24am
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ANZ agriculture economist Susan Kilsby thinks Fonterra may have to make still further asset write-downs of up to $700 million and may have to withhold some of the milk price payout
Roger J Kerr says so far the RBNZ's 50 basis point cut to the Official Cash Rate appears to be creating the exactly opposite effect to that intended on confidence
2nd Sep 19, 8:14am
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Roger J Kerr says so far the RBNZ's 50 basis point cut to the Official Cash Rate appears to be creating the exactly opposite effect to that intended on confidence
Fonterra says its milk volumes in Australia were down nearly 29% in the first month of the new season, following on from a more than 20% drop for the whole of last season
28th Aug 19, 3:05pm
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Fonterra says its milk volumes in Australia were down nearly 29% in the first month of the new season, following on from a more than 20% drop for the whole of last season
Roger J Kerr questions whether the American dollar will continue to be a safe haven currency, with the financial and investment markets now seeing the trade wars directly damaging the US economy
26th Aug 19, 8:21am
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Roger J Kerr questions whether the American dollar will continue to be a safe haven currency, with the financial and investment markets now seeing the trade wars directly damaging the US economy
David Hargreaves says Fonterra needs to articulate a plan for how it will get back on its feet quickly - or NZ's dairy industry could be imperilled
20th Aug 19, 8:46am
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David Hargreaves says Fonterra needs to articulate a plan for how it will get back on its feet quickly - or NZ's dairy industry could be imperilled
Roger J Kerr says the chances are now improving that the US President will finally start to heed the advice of those who view the escalating trade wars as counter-productive and hurting the US economy - and the President's re-election chances
19th Aug 19, 8:34am
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Roger J Kerr says the chances are now improving that the US President will finally start to heed the advice of those who view the escalating trade wars as counter-productive and hurting the US economy - and the President's re-election chances
Roger J Kerr says the Reserve Bank is consistently surprising the markets with statements at odds to prior expectations - but the Kiwi dollar keeps bouncing back after the shocks
12th Aug 19, 9:36am
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Roger J Kerr says the Reserve Bank is consistently surprising the markets with statements at odds to prior expectations - but the Kiwi dollar keeps bouncing back after the shocks
Fonterra says it is set to lose between $590 mln and $675 mln in the just-completed financial year after writing down the value of more of its assets; $800 mln debt reduction target not achieved; board discussion on capital structure
12th Aug 19, 8:56am
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Fonterra says it is set to lose between $590 mln and $675 mln in the just-completed financial year after writing down the value of more of its assets; $800 mln debt reduction target not achieved; board discussion on capital structure
Guy Trafford reviews the drivers of the latest GDT auction. Fonterra struggles to shrug off its Beingmate shares. And Guy speculates on how NZ First would go as a farmer bedfellow
8th Aug 19, 8:09am
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Guy Trafford reviews the drivers of the latest GDT auction. Fonterra struggles to shrug off its Beingmate shares. And Guy speculates on how NZ First would go as a farmer bedfellow
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
7th Aug 19, 10:26am
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Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
Roger J Kerr says the NZ dollar now looks undervalued again, with the major downside risk being if the Reserve Bank is gloomier at its OCR review this week than the market expects
5th Aug 19, 8:22am
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Roger J Kerr says the NZ dollar now looks undervalued again, with the major downside risk being if the Reserve Bank is gloomier at its OCR review this week than the market expects
Roger J Kerr says the US Fed Reserve will likely cut interest rates this week; the accompanying rhetoric on economic risks and future rate cuts will determine whether the US dollar holds its recent gains or recoils
29th Jul 19, 7:58am
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Roger J Kerr says the US Fed Reserve will likely cut interest rates this week; the accompanying rhetoric on economic risks and future rate cuts will determine whether the US dollar holds its recent gains or recoils
Roger J Kerr says spectacular increases in iron ore, coal and gold prices are producing massive positive cash flows and profits for the mining companies and boosting Aussie government royalty revenue inflows and stimulating investment into new mines
22nd Jul 19, 8:18am
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Roger J Kerr says spectacular increases in iron ore, coal and gold prices are producing massive positive cash flows and profits for the mining companies and boosting Aussie government royalty revenue inflows and stimulating investment into new mines
Roger J Kerr says conventional economic “cause and effect” paradigms are out the window and the currency markets are just one part of the jig-saw trying to work out what it means for them
15th Jul 19, 8:34am
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Roger J Kerr says conventional economic “cause and effect” paradigms are out the window and the currency markets are just one part of the jig-saw trying to work out what it means for them
Westpac economists pare back their economic growth forecasts and now see annual GDP growth of just 2.4% through the first half of this year, however, they reckon house price growth could be even stronger than they previously forecast
8th Jul 19, 11:17am
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Westpac economists pare back their economic growth forecasts and now see annual GDP growth of just 2.4% through the first half of this year, however, they reckon house price growth could be even stronger than they previously forecast
Roger J Kerr says the strong US jobs figures in June will not in themselves be enough to deter the Federal Reserve from cutting American interest rates
8th Jul 19, 8:17am
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Roger J Kerr says the strong US jobs figures in June will not in themselves be enough to deter the Federal Reserve from cutting American interest rates
Roger J Kerr says the negative forces on the NZ dollar have reduced in intensity, while the economy’s relative performance is still pretty good, so, further gains to above 0.6800 seem likely
1st Jul 19, 8:21am
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Roger J Kerr says the negative forces on the NZ dollar have reduced in intensity, while the economy’s relative performance is still pretty good, so, further gains to above 0.6800 seem likely
A season of two halves draws to a close with Fonterra's NZ milk production only just slightly up on the 'weak' figures of a year earlier; forecasts similar volumes for new season
26th Jun 19, 12:22pm
A season of two halves draws to a close with Fonterra's NZ milk production only just slightly up on the 'weak' figures of a year earlier; forecasts similar volumes for new season