Bob Campbell MW

Taste testing the wine industry's New Age preservative.

See details.
Markets

MARKET CLOSE: Shares bounce on big banks boost

Dan Brunskill
Fri, 25 Sep 2020

Financial stocks led the local stock market higher as they surged on an announcement the Australian federal government would roll back responsible lending rules. The S&P/NZX 50 Index rose 107.19 points, or 0.9 percent, to 11,797.08. Within the index, 33 stocks rose, 10 fell and seven were unchanged. Turnover was $122.2 million.The local market got a kick from across the Tasman after the Morrison government announced it would scrap responsible lending laws, which put the onus on banks to ensure loans were serviceable. The Australia...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Listed Companies
Infratil's next play: Australian medical infrastructure
Pattrick Smellie | Mon, 26 Oct 2020

Infratil identifies 'highly cash generative', non-discretionary healthcare infrastructure as a new sector where it can build a profitable business at scale.

Infrastructure
Bureaucratic own goal at Tui oil field a red flag about regulatory problems
Gavin Evans | Mon, 26 Oct 2020

When a company is prepared to write off a US$21 million vessel and hand it to liquidators – rather than deal further with New Zealand regulators – we should be concerned.

Listed Companies
Taking one for the team: Which top businesspeople took a paycut?
Andy Fyers | Mon, 26 Oct 2020

Big director and CEO pay cuts were common among NZX-listed companies, although every firm's circumstances were different.

Sponsored
University of Auckland’s business degrees are reshaped for the future of work

The University of Auckland Business School is ready to launch its redesigned undergraduate business programmes.

Sponsored
Spark: Why we need Internet of Things for the future

Why we need IoT for the future of stuff that ‘just works’.