Reserve Bank governor Graeme Wheeler singled out rising house prices as a threat to the country’s financial stability and kept the official cash rate at 2.5 percent, as expected, saying the overvalued New Zealand dollar was holding consumer prices below the bank’s target band. “The bank does not want to see financial stability or inflation risks accentuated by housing demand …

People’s Daily editor Zhang Xinyu in a signed editorial has criticised the tactics used by  Fonterra and the New Zealand Government t0 minimise the DCD problem as “not smart.” Zhang notes the Ministry of Primary Industries insists that traces of DCD did not pose a threat to food safety – quoting MPI’s statement that on the highest levels detected, a 60-kg person …

Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with young business leaders from around the globe. We’ll be running a special series of these from China where we talk to young New Zealanders doing big things on the ground here. Next in our Face to Face – China series is Andrew Johnson. An editor …