Export incomes to support activity
Doug Steel -
Primary sector export returns have been stellar over the past year. Major sectors like dairy, beef, lamb, and kiwifruit have seen significant gains. While not every sector has enjoyed strong gains, the sector heavy weights have driven overall agricultural exports to $53.0b in the year to August 2025, some $7.5b higher than a year earlier.
Tariffs unhelpful, but primary prices firm
Doug Steel -
The latest spin of the US tariff roulette wheel has occurred with a host of new rates foisted upon different countries to be implemented later this week.