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ANZ, Westpac cut forecast Fonterra payouts Updated Rural News
02 Oct 14, 9:36am
Gareth Vaughan
ANZ cuts its forecast Fonterra 2014/15 milk price payout by 40c, puts call for next OCR hike in March under review; Westpac cuts its forecast payout by 50c
A 1st birthday party for LVR speed limits? Opinion
02 Oct 14, 5:00am
Gareth Vaughan 8
A year on from their introduction, the RBNZ's controversial high LVR home loan speed limits are working, Gareth Vaughan argues
Labour plans fast leadership vote News
02 Oct 14, 9:08am
Bernard Hickey 13
Labour plans leadership vote through late October, early November; result on Nov 18; full review due after vote; meanwhile, caucus eats itself via Twitter
Dairy prices face prolonged spell in doldrums Rural News
01 Oct 14, 3:31pm
Greg Ninness 43
Rabobank sets the bears among the cows, puts the blame on China
90 seconds at 9 am: Sharp dip in dairy prices News
02 Oct 14, 7:40am
David Chaston 18
US employment grows but construction falls; German bonds yield less than 1%; GDT dairy prices fall sharply; UST 10y 2.43%; NZ$1 = US$0.779, TWI = 76.2





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Kiwi dollar drops on Fonterra auction

US dollar positions trimmed ahead of key data releases; Dairy auction prices down over 7% and NZDUSD back under 78c; Equities down globally