Key to rip up RMA reforms

PM says will have to "rip up" RMA reforms and go back to drawing board; will abandon rewrite of sections 6 and 7; denies 'tide is turning' talk and says most will say 'yeah, whatever'

90 seconds at 9 am: A tax on bank deposits

US growth cools, confidence holds; Greece eyes drachma comeback; China wary of deflation; Aust to tax bank deposits; bond yields rise; oil and gold falls; NZ$1 = 75.6 USc, TWI = 80.2

Landcorp optimistic despite low half year profit

SOE's CEO focusing on key initiatives to drive improvements and beat the commodity cycles

Why farmers should oppose dairy conversions

Gareth Morgan gives five reasons why existing farmers should oppose more dairy conversions

90 seconds at 9 am: Oil worries

Arabian Peninsula woes; Oil price surges; US jobless claims fall; yields higher; NZ$1 = US75.62

90 seconds at 9 am: 'Rigged remuneration'

US durable goods orders fall; Greece caught short; RBA worried about commercial property; 'rigged remuneration'; yields lower; commodity prices higher; NZ$1 = 76.1 USc, TWI = 80.4

Optimistic start to year for farmers

Tables turn again in farmer confidence with dairy looking up and sheep and beef dropping, according to Rabobank survey

Bernard's Top 10

Will the maturing KiwiSaver money be leveraged up and pumped into rental property?; Diamonds aren't forever; Greece's April 20 brick wall; Clarke and Dawe; Dilbert

The Weekly Dairy Report

Fonterra forecast stable but is it at the expense of the dividend

Is China’s infant formula market about to see a price crash?

Keith Woodford sees the marketing of New Zealand's food products in China about to get major disruption via online selling, and infant formula will start the trend

Farmers 'disappointed' by Fonterra dividend

Updated
Dairy giant has retained its $4.70 milk price forecast but has dropped its projected dividend to a possible low of 20c from 25c after results 'below farmers' expectations'

90 seconds at 9 am: Cheap money

US CPI suggests inflation uptick; US new home sales jump, factories busier; EU factories also busier; China sees slowdown; NZ$1 = 76.4 USc, TWI = 80.7

English sanguine about record high NZ$

English says record high NZ$ good for consumers, but hard for exporters; won't press RBNZ for OCR cut; defends social housing reforms; concerned about NZ$1.2 bln Housing NZ repair bill

Rabobank quarterly profit up 94%

Rabobank NZ profit surges, boosted by loan recoveries and rising net interest income. Bank launches Dutch style client councils

The Sheep Deer and Cattle Report

Farmers view MIE report positively but urgent action is what they need

90 seconds at 9 am: Aussie leaker?

US home sales rise; ECB commits to more printing; cash torrent causes global distortion; UST 10yr yields 1.93%; RBA security problem; NZD jumps again; NZ$1 = 76.3 USc, TWI = 80.6

Watching the same things

Roger J Kerr sees US rate rises just 3 or 4 months away. He is also very sceptical  on 'inflation expectation' surveys, even the RBNZ's one

90 seconds at 9 am: NZD jumps

Greece teetering; China short of skills; Australian bank advisers 'abusing the system'; oil stable; gold recovers; NZD jumps; NZ$1 = 75.6 USc, TWI = 80.4

IT-based agriculture changing farming

The next stage of productivity improvement may well come from applying tech and smart IT to farming; Lincoln adds a specialised course

Dairy farm prices keep steaming ahead

The rural property market remains buoyant with dairy farm prices particularly strong

90 seconds at 9 am: AU mining jobs evaporate

US jobless claims steady; EU patience with Greece wearing thin; AU mining jobs evaporate; AU budget deficit jumps; benchmark bond yields slump; NZ$1 = 73.9 USc, TWI = 79.3

Govt open to indexing tax thresholds

Government says open to ACT suggestion for indexation of income tax thresholds to CPI inflation to reduce 'bracket creep' that increases effective tax rates

GDP growth fastest since 2007

Updated
GDP grew 3.3% in 2014; driven by retailing, tourism and real estate services; in line with forecasts; no change to OCR outlook; Price deflator down 1.6% in 6 mths

Key denies Auckland housing crisis

PM says no housing crisis in Auckland; says Govt 'getting on top of it' despite MBIE analysis showing measures not improving 20k shortage; Little says Key out of touch

90 seconds at 9 am: US Fed less patient

US Fed sets up for rate rises but timing still unclear; Sweden cuts rates; China house prices fall; UST 10yr rates fall; NZD jumps; NZ$1 = 74.3 USc, TWI = 79.4