New Zealand

New Zealand Adds Craft Beer To Inflation Gauge As Tastes Change

New Zealand has added craft beer to the basket of goods it monitors to measure inflation, reflecting changing tastes and consumer spending in the South Pac...

Hilton Food Group Expands Operations To New Zealand

Retail meat-packing company Hilton Food Group has announced that it is investing €33 million (NZ $54 million) in a new facility in New Zealand. The...

Fonterra Increases Milk Prices For Australian Farmers

New Zealand dairy cooperative Fonterra has increased its farmgate milk price in Australia by $0.20 per kilogram of milk solids from 1 July, bringing the av...

New Zealand Poultry Company Tegel Posts Profit Increase

New Zealand poultry producer, Tegel Group Holdings Limited, has released its full-year results for the 2017 fiscal year, 53 weeks ending April 30th, postin...

Dairy Giant Fonterra Sees First Half Revenue Up 5%

Fonterra, the world's largest dairy co-operative, has posted a revenue increase of 5% to NZD 9.2 billion in the first half of its financial year, according...

Fonterra Planning on Steady Global Milk Powder Prices, CFO Says

Fonterra Cooperative Group Ltd. isn’t banking on further strong gains in global dairy prices in the coming months even as supply wanes, Chief Financi...

Fonterra Raises Milk Price Forecast for Second Time In A Month

Fonterra Cooperative Group Ltd., the world’s biggest dairy exporter, raised its forecast milk payout for the second time in a month, responding to si...

Winery Seeks 'Lord of the Rings' Inspiration In Kiwi Export Drive

One winery is seeking inspiration from the man who landscaped Hobbiton, at least three are opening new or refurbished tasting rooms and another is renovati...