New Zealand farmers are currently spending about $27.9 million/yr on anthelmintics to control helminth parasites in cattle. Productivity trials carried out over the last 30 years show that the benefit-cost ratio of an effective drench programme is likely to be high, particularly in young animals in their first year, which tend to be very susceptible to infection. In New Zealand, cattle have been recorded as the definitive host of at least 27 nematode species, two trematode species, and one (possibly two) cestode species. Of these, three gastrointestinal nematode species/species complexes, Ostertagia ostertagi/O. lyrata, Trichostrongylus axei, and Cooperia oncophora/C. surnabada are generally considered to be of greatest and most widespread economic importance. In New Zealand, as overseas, bovine ostertagiosis occurs in two clinical forms, referred to as Type I and Type II. Type I ostertagiosis is the normal form of the disease seen in weaner cattle, while Type II ostertagiosis results from the rapid maturation of large burdens of arrested fourth stage larvae of Ostertagia spp., which can accumulate in the stomach wall of yearling and older cattle. While some of the nematode species that have been recorded from cattle were simply incidental infections resulting from cross transmission from different host species (particularly sheep), one species complex, Ostertagia leptospicularis/ kolchida, which is normally considered to be a cervid parasite, is known to cycle readily in young cattle and has been implicated in clinical disease. The liver fluke Fasciola hepatica can be economically significant in cattle under certain local conditions but, while its distribution has increased markedly over the last 20 years, it is still generally considered to be a relatively minor problem in the national sense.