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Manufacturers are seeing greater levels of activity now the Canterbury rebuild is underway. But exporters face harder times, with a high dollar cramping earnings.

The pace of activity in the manufacturing sector has accelerated and is now at its highest level since July last year. The gains were led by production and new orders.

The International Monetary Fund has trimmed its growth forecast for the global economy, pointing to the threat from the Ukraine crisis and the slowdown in emerging economies.

The Christchurch City Council will cut 10 jobs in a bid to save $1 million over the next four years.

The International Monetary Fund says New Zealand's economy is stronger, but warns the Auckland housing market and a sharp slowdown in China could still pose a threat to growth.

Business leaders in Christchurch say the city will need another 5000 immigrants in the next year to help with the rebuild.

A Christchurch business leader is warning record low unemployment in the city will "cannabalise" the country's long term workforce.

The Canterbury Employers' Chamber of Commerce head says it's essential that Christchurch has a vibrant central city but he doesn't want rules that are too prescriptive. Audio

Construction companies in Christchurch are defending themselves against criticism they have been short-sighted in not taking on apprentices.

New Zealand gained almost 3500 people in February, the highest monthly gain in 10 years. Audio

Businesses say they intend hiring more people due to the strengthening economy but unions worry workers may miss out.

Organisers of the Rebuild and Renovate Home Show which has been cancelled because of fire at the Christchurch venue say they will lose a lot of money.

Rises in the benchmark interest rate will not put New Zealand's economic recovery at risk, nor will they hit the peaks of the past, the Reserve Bank assistant governor says. Audio