

Wattie’s frozen food shutdown reflects rising costs and shrinking manufacturing margins
The manufacturing environment in New Zealand has become “increasingly difficult” in recent years.


The manufacturing environment in New Zealand has become “increasingly difficult” in recent years.


“I’ve been advised that there is that speculation in the market, both by fuel importing companies here, and obviously, there’s been media coverage.”


“A pretty substantial shock that is negative for activity and growth.”


In some parts of the country, motorists are already paying more than $3 a litre for 95 petrol.


“We are a little bit short of capital, which is why we love our American friends.”


“The scale of the attacks, and Iran’s response, has exceeded expectations, pointing to further demand for safe-haven assets and upward pressure on oil prices.”


“It’s the combination between not being paid enough to put up with a very difficult work situation.”


“The next move looks more likely to be up than down.”


“Far exceeded our expectations.”


“Ludicrous proposals.”