NZ dollar steady after upbeat RBA forecasts but coronavirus casts a pall
The New Zealand dollar was little changed, hoisted up from its lows after the Reserve Bank of Australia came out with surprisingly strong GDP forecasts. However, the market remains consumed with ongoing concern about the economic impact of government efforts to try to contain...
NZ dollar treads water as investors fret about coronavirus
The New Zealand dollar was little changed amid ongoing worry about both the spread of China's coronavirus and the economic impact of measures aimed at countering it. The kiwi was trading at 64.63 US cents at 5pm in Wellington from 64.64 in New York on Friday and from 64.77 loc...
Briscoes cancels buying trip to China due to coronavirus
Briscoe Group has cancelled a trip to China by its buyers that was scheduled for April because of the coronavirus crisis.The company will still buy new stock from China but, instead of buyers on the ground, it will use video links to talk to suppliers and get them to courier samp...
Vital's manager seeks investor backing for ASX/tax restructure
Vital Healthcare Property Trust's manager is hoping investors will back its plan to restructure it into two separate but stapled trusts so that Australian and other foreign investors can access tax benefits across the Tasman.The manager, a subsidiary of the Toronto-listed NorthWe...
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