Bill English, Deputy Prime Minister & Finance Minister of New Zealand, says the $4.7 billion from sales of state assets will be used to rebuild Christchurch and reinvest in public infrastructure.» Read More
WELLINGTON, Dec 18- New Zealand looks set to end the year with a roar as strong commodity prices, recovery from drought, and bubbling domestic activity drive the economy at its best pace in a year, backing expectations of central bank rate rises in the next few months.
Chris Green, Director, Economics and Strategy at First NZ Capital tells CNBC's Cash Flow the best ways to play the New Zealand market.
In today's 'Stock in 60' segment, CNBC's Adam Bakhtiar takes a look at Air New Zealand after the government sold a 20 percent stake in the carrier.
WELLINGTON, Nov 8- Tourists from China have been flooding into New Zealand and now a Shanghai- based property developer has bought an upmarket resort and plans a major upgrade to attract wealthy Chinese travellers to the South Pacific country. China is the second-biggest source of visitors to New Zealand.
A recent report of a wine shortfall just marks a return to a more typical level of production and won't lead to bottles vanishing from store shelves.
WELLINGTON, Nov 1- New Zealand's Fonterra has bought a 6 percent stake in Australia's Bega Cheese Ltd, saying it wants to be involved in the industry consolidation sparked by a bidding war for Warrnambool Cheese and Butter Factory Company Holdings Ltd.
SYDNEY, Oct 30- At the Ingleburn Gardens Estate on the outskirts of Sydney, an upmarket housing development complete with pool, concierge, onsite shop and children's playground, the landscaped grounds are marred by large tracts of undeveloped land. The natural environment, such as the national parks surrounding Sydney, is also a barrier.
*Lion, Bega, Murray Goulburn can block Saputo- analyst. SYDNEY, Oct 29- Kirin Holdings Co Ltd bought a 10 percent stake in Warrnambool Cheese and Butter Factory Company Holdings Ltd on Tuesday, in a move that could block a takeover of the Australian dairy company by Canada's Saputo Inc..
*Anadarko to drill 2 deepwater wells in New Zealand. WELLINGTON, Oct 25- New Zealand is hoping the first deepwater wells to be drilled in the country in nearly 15 years will reignite interest in its offshore oil and gas basins, mostly ignored since some early discoveries in the 1970 s.
Bill English, Deputy Prime Minister & Finance Minister of New Zealand speaks about the potential impact of TPP on the Asian region and highlights the role of Chinese investments into New Zealand.
Bill English, Deputy Prime Minister & Finance Minister of New Zealand discusses the nation's current account deficit and explains why he's not worried about the Fonterra dairy scare.
Khoon Goh, Senior FX Strategist at ANZ and Kathy Lien of BK Asset Management discuss why the Kiwi looks set for further gains after the RBNZ's hawkish statement.
Theo Spierings, CEO of Fonterra explains the rationale behind the company's product recall, after New Zealand officials cleared its whey protein concentrate of health risks.
Nearly a third of New Zealand's adult population is overweight, in an effort to solve the obesity epidemic and combat rising health costs, the country is deporting its fat people.
Tim Groser, trade minister of New Zealand. speaks exclusively to CNBC's Cash Flow about the Fonterra botulism scare.
Fonterra's milk scandal has hit the credibility and brand image of the world's biggest dairy exporter. CNBC's Eunice Yoon spoke to CEO Theo Spierings about the damage to it's reputation.
New Zealand's Fonterra, a leading exporter of dairy products found bacteria that could cause food poisoning in some products that had been sold to China, reports CNBC's Eunice Yoon.
New Zealand's dairy giant, Fonterra says sorry for the contamination of its milk products. With more, Eunice Yoon is in Beijing.
Jeremy Stretch, head of strategy at CIBC, talks to CNBC about the effect of the milk scandal on New Zealand's currency.
Jane Turner, Senior Economist, ABS says the RBNZ could start raising interest rates as early as March 2014 as it weighs up increasing house prices and the higher NZ Dollar.