14-07-2014 08:53 AM | New Zealand

Dairy's $14.3b boost to the regions

New Zealand's regional economies earned about $14.3 billion from dairy farms in 2013-2014, taking the lion's share of national dairy earnings, industry group DairyNZ said.

In total, the New Zealand economy was estimated to have earned $17.6 billion from dairy exports that year, the farmer-funded group said.

Chief executive Tim Mackle said DairyNZ's economic survey showed the sector contributed about 31 per cent more than in the previous year and put much of those earnings back into growth, farm spending and jobs.
Full Story : New Zealand Herald