NZ dollar holds up after US Fed's gloomy assessment
The New Zealand dollar was steady against the greenback after the US Federal Reserve delivered a gloomy economic assessment and pledged to do all it can to cushion the impact. The kiwi was trading at 66.44 US cents at 5pm in Wellington from 66.50 cents at the same time yesterd...
Some KiwiSaver heavyweights not the best options
AMP's funds continue to provide among the poorest returns among KiwiSaver options while the largest player in the market, ANZ Bank, has produced superior returns from its default fund but mainly mediocre returns from its others. The best performing funds in individual categori...
Small business revenue back to pre-covid levels in June: Xero
Revenue through New Zealand's small businesses in June was back to year-earlier levels although the number of people they employed fell a little from May. Data from small business accounting software provider Xero showed the rebound in revenue in June jumped from May, when rev...
NZ dollar treads water ahead of Fed monetary policy decision
The New Zealand dollar was stalled near a seven-month high ahead of the Federal Reserve's latest monetary policy decision amid persistent US dollar weakness. The kiwi was trading at 66.50 US cents at 5pm in Wellington from 66.58 cents at the same time yesterday while the trade...
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