NZ dollar falls against Aussie after jobs data there
The New Zealand dollar fell against the Australian dollar after better-than-expected jobs data across the Tasman. The kiwi was trading at 92.78 Australian cents at 5pm from 92.93 cents at 7:50am after hitting an intraday low at 92.60 cents. It was largely unchanged against the...
NZ dollar stalls after Bascand's rate cut comments
The New Zealand dollar was little changed after Reserve Bank deputy governor Geoff Bascand told a Sydney conference the central bank may have to cut rates further, halting a rally sparked by higher-than-expected inflation figures. The kiwi was trading at 62.70 US cents at 5pm...
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RBNZ will consider changing bank capital proposals - Bascand
Deputy Reserve Bank governor Geoff Bascand says the central bank will consider making adjustments to its bank capital proposals in light of the submissions and the reviews by three independent experts."Of course, we are listening to what others are saying about our proposals," Ba...
UPDATE: Ebos pays A$34m for medical devices businesses
(Updates to add comment from chief executive John Cullity from fourth paragraph, adds voting results and updates share price)Ebos is paying A$34 million to buy the LMT and National Surgical businesses in its first foray into the medical devices sector."The acquisition provides Eb...
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