Wheeler manages to move dollar in farewell speech, sees prospects for 'robust economic growth'
By Jonathan Underhill Aug. 30 (BusinessDesk) - Reserve Bank governor Graeme Wheeler said "the prospects look promising" for continued robust economic growth in New Zealand over the next two years and the greatest risks are from "inflated global asset prices and the continuing...
PwC reaches confidential settlement with Property Ventures liquidator over audit role
By Jonathan Underhill Aug. 30 (BusinessDesk) - PricewaterhouseCoopers has reached a confidential settlement with the liquidators of David Henderson's failed property development firm Property Ventures (PVL), ending its part in a lawsuit that was seeking $302 million in damages...
NZ dollar recovers vs yen, greenback as North Korea fears ebb
By Jonathan Underhill Aug. 30 (BusinessDesk) - The New Zealand dollar rose against the yen and the greenback as fears eased that North Korea's firing of a missile over Japan’s northern island of Hokkaido would lead to escalating tensions on the Korean peninsula. The kiwi cl...
Powerhouse's Hampson resigns, effective immediately, Viney named replacement
By Jonathan Underhill Aug. 29 (BusinessDesk) - Powerhouse Ventures, the ASX-listed incubator that put one of its investments into liquidation this month, says managing director Stephen Hampson has resigned, effective immediately, and has been replaced by chief financial office...
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