15-07-2014 10:03 AM | New Zealand

Regions continue milking dairy boom

The dairy industry has provided a $14.3 billion shot in the arm for regional economies, industry body Dairy NZ says.

The figures come from Dairy NZ's latest economic survey, which calculates the New Zealand economy earned $17.6 billion from dairy exports in the 2013-14 year. Of that, $14.3 billion went to the regions - up 40 percent on the previous year.

Chief executive Dr Tim Mackle said it showed the huge impact the increase in dairy farm incomes and production had had, especially in the main dairying regions.
Full Story : Radio New Zealand