New Zealand’s Finance Minister is “not particularly concerned” about whether Greece’s financial crisis will roll on to New Zealand.

So much for the rock star economy.

The New Zealand dollar fell after prices for the nation's largest commodity export declined in the latest GlobalDairyTrade auction overnight.

The price for NZ's key dairy export, whole milk powder, is set to decline further at tonight's GlobalDairyTrade auction.

Silver Fern has enlisted the services of investment bank Goldman Sachs to advise it on possible equity raising options as it seeks to reduce debt.

This year's Blake Medal winner has a talent for persuading us all that our natural environment is our biggest priority. Geoff Cumming reports.

For the month of May, New Zealand had a trade surplus of $350 million, beating expectations for a $100 million deficit.

New Zealand earned $8.6 billion less from the rest of the world through trade and investment in the year to March than the rest of the world earned from us.

Dairy farm prices eased in the three months to May according to REINZ's latest rural report.

Dairy prices slipped again at this morning's GlobalDairyTrade auction, the GDT price index falling by 1.3 per cent.

Economists expect the pace of economic growth to have slowed when the March quarter national accounts are released on Thursday.

More falls in dairy prices are expected in the next few months, but futures market pricing suggests a mild bounce-back might take place at tomorrow's GlobalDairyTrade auction.

The fire's stoked, the Conclave's met, the white smoke has belched: Auckland University has pontificated what we must do next, writes Rodney Hide.

There have been good crowds reported at this year's Fieldays event near Hamilton.

Editorial: At first glance, there was an odd aspect to the Reserve Bank's decision to cut the official cash rate to 3.25 per cent.

MPI forecasts revenue from primary industries will drop to $35.2 billion in the year to June.

The commercial mindset that measures well-being in terms of GDP can be insidious, writes Tim Hazledine. Even the welcome focus on reducing child poverty gets justified (by some) as an "investment" in more reliable future workers.

Rakaia-based Synlait Milk has issued a low farmgate milk price for the current season but managing director John Penno says he expects prices to start improving by early next year.

Numbers of older students are dropping and Government cuts are to blame, says the national student union and lobby group Grey Power.

The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.

The ANZ Commodity Price Index for May fell by 4.7pc, following April's 7.4 per cent decline.

International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.

The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.

The economy is expected to grow at about 3 per cent a year out to 2017, driving jobs growth and reducing unemployment, says the NZIER.

A slump in dairy exports weighed on the trade balance last month.

El Nino this year is likely to reduce New Zealand's agricultural output, say BNZ economists.