MYOB lifts sales, profit in NZ as Xero rival awaits clearance for Reckon acquisition
By Jonathan Underhill March 7 (BusinessDesk) - MYOB Group, the Australian tax, accounting and business software company, lifted sales and profit in New Zealand in 2017 while seeking regulatory clearance on both sides of the Tasman to buy accounting software firm Reckon. Pro...
NZ dollar rises to week-high on news of talks between North, South Korea
By Jonathan Underhill March 7 (BusinessDesk) - The New Zealand dollar jumped more than half a US cent as global risk appetite improved on news that North Korea is willing to hold talks with the US over its nuclear weapons programme. The kiwi dollar rose to 72.94 US cents as...
Auckland property values grow 1%, lagging national average rate of 6.5%: QV
By Jonathan Underhill March 7 (BusinessDesk) - Growth in Auckland property values continued to lag behind New Zealand as a whole in February, with the slowest pace in six months nudging the city's average price up to $1.05 million, says state-owned valuer Quotable Value. Re...
John Wells steps down as chair of Fisher Funds 'to focus on CBL'
By Jonathan Underhill March 5 (BusinessDesk) - John Wells has retired as chair of Fisher Funds Management after 18 years on its board to focus on his role as chair of CBL Corp, which appointed voluntary administrators last month after the Reserve Bank sought to have the credit...
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