< Back to News

June 2015

The most recent quarter has seen some interesting economic developments both within NZ and further afield. Probably the single most important development from a NZ perspective has been the precipitous fall in dairy product prices over the quarter which has been a big factor in the fall in the NZ dollar from approximately US75 cents to US65 cents over the past three months. While the fall in dairy prices is bad news for dairy farmers and will inevitably feed through to a broader cross-section of the economy such as agribusiness service companies and a lower level of GDP growth over the coming quarters, it is good news for non-dairy exporters and will allow some re-balancing to occur in the tradeable sectors of the economy away from dairy.


Full Market updates and Quarterly reports are available for Limited partners under Investors Information.