CANBERRA, March 6 (Reuters) - The Australian government has sided with farmers who say official data vastly underestimates foreign ownership of the nation's farmland, as it moves to clamp down on overseas purchases of agricultural land.
scale, reflecting New Zealand 's small population ..... would find the New Zealand power market unappealing ..... Trustpower's Australian business, comprising ..... RET scheme in Australia and the decision ..... 13% of overall New Zealand consumption
* Aussie briefly pops higher after RBA Lowe's remarks (Recasts with euro hitting 11-year low, updates prices)
SYDNEY, March 5 (Reuters) - Australian shares wiped off early losses to finish mostly flat on Thursday after falling for two straight sessions, helped by a late rally in consumer staples shares while miners continued to be laggards on the index.
* Aussie briefly pops higher after RBA Lowe's remarks (Updates prices, adds comments)
SYDNEY, March 5 (Reuters) - A top Australian central banker said on Thursday that low interest rates globally were keeping the local dollar higher than desired, but added it was much closer to appropriate levels than at any time in the past couple of years.
WELLINGTON, March 5 (Reuters) - The Reserve Bank of New Zealand (RBNZ) said on Thursday it is looking at requiring banks to hold more capital to back loans to residential property investors, to guard against fallout should there be a housing crash.
* 103 shares down, 83 up, 14 unchanged (Adds analysis, quotes, stocks on the move)
SYDNEY, March 5 (Reuters) - A top Australian central banker on Thursday said low interest rates were proving less effective in spurring economic activity than in the past, in part because extraordinary easy policies globally were keeping the local dollar high.
A strong New Zealand economy is providing a demand tailwind for industrial and office space. In May 2014, Goodman Property Trust indicated rising