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    • Robotics team wins big in international competition October 16, 2018
      University robot rolls into the winner’s circle at international competition. BONNIE MOSEN reports. The post Robotics team wins big in international competition appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Blind patrons catered for at Nutcracker performances October 16, 2018
      The Nutcracker ballet will offer audio description to blind audience members. BONNIE MOSEN reports. The post Blind patrons catered for at Nutcracker performances appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • LISTEN: New Zealanders like their internet without limits October 15, 2018
      Broadband use is rising rapidly In this country. LEAH TEBBUTT reports. The post LISTEN: New Zealanders like their internet without limits appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Calls for change to benefit system October 15, 2018
      The Green Party wants an overhaul to the benefit system. LEAH TEBBUTT reports. The post LISTEN: Calls for change to benefit system appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Benefit system failing the most vulnerable October 15, 2018
      Green Party are changing the benefit system. LEAH TEBBUTT reports. The post Benefit system failing the most vulnerable appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • Rainbow crossing a small step in the right direction October 15, 2018
      Members of the rainbow community say Wellington’s new rainbow crossing is a sign of visibility and pride for the capital. The crossing which was officially opened last week was a collaborative effort between the Wellington City Council and the rainbow community. Support group, Inside Out’s national coordinator, Tabby Besley says the crossing is important for […]
      Leah Tebbutt
    • On yer bike! October 15, 2018
      The post On yer bike! appeared first on NewsWire.co.nz.
      Jayden Tamarua
    • WATCH: Cats Protection League needs your help October 15, 2018
      Cashless society is bad news for Cats Protection League. COURTNEY DAY reports: The post WATCH: Cats Protection League needs your help appeared first on NewsWire.co.nz.
      Courtney Day
    • PHOTO ESSAY: Colourful crossing opened October 15, 2018
      A colourful street party marks the official opening of Wellington’s new rainbow crossing. MOLLY HANCOCK documents the occasion. The post PHOTO ESSAY: Colourful crossing opened appeared first on NewsWire.co.nz.
      Molly Hancock
    • LISTEN: Fun day highlights homelessness October 15, 2018
      A community fun day helps raise awareness on World Homeless day. NIKITA RAWNSLEY WRATT reports. The post LISTEN: Fun day highlights homelessness appeared first on NewsWire.co.nz.
      Nikita Rawnsley-Wratt
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Fonterra milk prices on the up

The National Business Review has a story about how Fonterra’s milk powder prices on its online auction are up 5.7%  or $US3022 a tonne from last month.

Again, the high Kiwi dollar wipped out most of the gain.

The NBR’s story includes comment from Fonterra Global Trade managing director Kelvin Wickham:

Whole milk powder prices surged further on the back of Fonterra’s latest online auction early this morning.

Prices averaged $US3022 a tonne, up 5.7% against last month’s trading event.

This flies in the face of global analyst predictions last month that forecast a drop in the average price which has climbed about 65% since July. CLICK HERE to read more.

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NZ commodies record biggest price rise in 22 years

The New Zealand Herald has a story about how the ANZ Commodity Price Index rose 6.8% in September – its largest monthy price gain in 22 years. 

However, most of that gain was wipped out by the rise in the New Zealand dollar.

Dairy prices recorded the biggest gain, up 17%, while sawn timber (7.2%) and wool prices (5.3%) also had siginificant increases.

Smaller increases were noted for wood pulp (3.1%), lamb (2.3 %), beef (2.2%) and kiwifruit (0.4%).

The Story includes comment from ANZ economist Steve Edwards. CLICK HERE to read full story.

High NZ Dollar impacting meat and dairy exporters

The Otago Daily Times has a story about how the high exchange rate of the New Zealand Dollar (NZX50) is impacting on meat and dairy exporters like Fonterra and  Alliance Group in New Zealand:

The often-touted export-led recovery could be threatened by a soaring exchange rate which some economists believe could reach US69c. At 5pm yesterday, the currency was trading at US67.33c having opened at US66.99c. READ MORE.