NZ dollar rises from 2-year low at start of third quarter on EU deal, weaker greenback
By Jonathan Underhill July 2 (BusinessDesk) - The New Zealand dollar rose from a two-year low after European Union leaders announced restrictions on migrants, boosting the euro and weighing on the greenback. The kiwi dollar traded at 67.72 US cents as at 8:30am in Wellingt...
Status of MBIE leaker remains confidential but their questions contributed to a policy change
By Jonathan Underhill June 25 (BusinessDesk) - State Services Minister Chris Hipkins has removed a cap on core public servant numbers he says caused a $272 million blowout in consultant fees paid by government departments over 10 years. The decision is a huge win for the Pu...
Mining industry says no more projects the size of Te Kuha, but smaller ones waiting
By Jonathan Underhill June 22 (BusinessDesk) - The mining industry body Straterra says there aren't any projects the size of the Te Kuha in the wings but there are many smaller projects, predominantly on the West Coast whose future is currently in the hands of the Minister of...
Fletcher's Ross says no change to B+I provisions, won't comment on delays in Chch airport hotel
By Jonathan Underhill June 22 (BusinessDesk) - Fletcher Building chief executive Ross Taylor says the company won't increase the provisions it announced in February against remaining Building + Interiors projects even though there's no completion date for the 200-room Novotel...
Prev
