New Zealand export log prices were unchanged this month amid uncertainty about the outlook for China’s economy. The average wharf gate price for New Zealand A-grade logs held at $86 a tonne in July from June, according to AgriHQ’s monthly survey of exporters, forest owners and sawmillers. The AgriHQ Log Price Indicator, which measures average log prices weighted by grade, fell …

Andrew Robinson, a struck off financial adviser and former director of Strategic Planning Group, has been jailed for six years after pleading guilty to fraud charges earlier this year. Robinson was sentenced in the High Court in Auckland today, having pleaded guilty to five charges of theft by a person in a special relationship and one charge of dishonestly using …

Federated Farmers says top management should be leaving Fonterra Cooperative Group if results don’t start improving in the next couple of years. The comments, from Fed Farmers dairy chair Andrew Hoggard were in response to the confirmation today by the world’s largest dairy exporter that it will cut 523 jobs to save up to $60 a million a year on its payroll …