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Stride Property to reap $31.8M from Penrose property, provided it can ensure leases

Stride Property to reap $31.8M from Penrose property, provided it can ensure leases

By Jonathan Underhill April 19 (BusinessDesk) - Stride Property has conditionally agreed to sell its office building at 650 Great South Road, Penrose for $31.8 million, or 7.8 percent above book value. The price is conditional on Stride ensuring replacement or additional le...

Jonathan Underhill 18 Apr 2016
NZ dollar rebounds as inflation data beats market forecasts

NZ dollar rebounds as inflation data beats market forecasts

By Jonathan Underhill April 18 (BusinessDesk) - The New Zealand dollar recovered ground mid-morning after government figures showed inflation higher than the market expected, keeping the central bank on track to cut interest rates in the next two months. The kiwi rose to 69...

Jonathan Underhill 18 Apr 2016
NZ central bank chooses SIA's Perago to replace exchange settlement account system

NZ central bank chooses SIA's Perago to replace exchange settlement account system

By Jonathan Underhill April 18 (BusinessDesk) - New Zealand's central bank has chosen European technology firm SIA to supply and support a new real-time gross settlement system (RTGS) that will replace the current exchange settlement account system (ESAS). The Reserve Bank...

Jonathan Underhill 18 Apr 2016
NZ beef, lamb and mutton prices fall in first half of exporting season

NZ beef, lamb and mutton prices fall in first half of exporting season

By Jonathan Underhill April 18 (BusinessDesk) - New Zealand export beef, lamb and mutton prices fell in the first half of the current season, which tapered off after a strong start. Prices for beef and veal fell 2.5 percent to $7,350 a tonne in the six months ended March 31...

Jonathan Underhill 18 Apr 2016
NZ first-quarter inflation meets Reserve Bank forecast at 0.2% on tobacco excise, food, housing

NZ first-quarter inflation meets Reserve Bank forecast at 0.2% on tobacco excise, food, housing

Jonathan Underhill 17 Apr 2016
NZ dollar heads for 1.4% weekly gain as Chinese data points to improving global economy

NZ dollar heads for 1.4% weekly gain as Chinese data points to improving global economy

Jonathan Underhill 15 Apr 2016
NZ dollar falls as greenback strengthens, Singapore eases policy

NZ dollar falls as greenback strengthens, Singapore eases policy

Jonathan Underhill 14 Apr 2016
Affco granted leave to appeal ruling that seasonal workers are continuously employed

Affco granted leave to appeal ruling that seasonal workers are continuously employed

Jonathan Underhill 13 Apr 2016
Restaurant Brands 2016 profit rises 1%, sees 2017 profit gain of up to 25%

Restaurant Brands 2016 profit rises 1%, sees 2017 profit gain of up to 25%

Jonathan Underhill 13 Apr 2016
NZ dollar gains as housing, food price data hints at stronger inflation

NZ dollar gains as housing, food price data hints at stronger inflation

Jonathan Underhill 13 Apr 2016
VMob plans to raise up to $4 mln in placement, needs shareholder backing

VMob plans to raise up to $4 mln in placement, needs shareholder backing

Jonathan Underhill 13 Apr 2016
NZ food prices rise 0.5% in March, driven by cauliflowers, other vegetables

NZ food prices rise 0.5% in March, driven by cauliflowers, other vegetables

Jonathan Underhill 12 Apr 2016
Diligent shareholders vote in favour of takeover by Insight Venture Partners

Diligent shareholders vote in favour of takeover by Insight Venture Partners

Jonathan Underhill 12 Apr 2016
NZ dollar extends gains to highest level in more than a week on commodity rally, weak greenback

NZ dollar extends gains to highest level in more than a week on commodity rally, weak greenback

Jonathan Underhill 12 Apr 2016
Fonterra board size in focus in first governance overhaul since inception

Fonterra board size in focus in first governance overhaul since inception

Jonathan Underhill 12 Apr 2016
Feltex appeal reprises 'squeeze the lemon' email, attacks lack of adverse trends in prospectus

Feltex appeal reprises 'squeeze the lemon' email, attacks lack of adverse trends in prospectus

Jonathan Underhill 11 Apr 2016
NZ government unexpectedly posts 8-month surplus on increased tax take

NZ government unexpectedly posts 8-month surplus on increased tax take

Jonathan Underhill 07 Apr 2016
Kiwi Property to buy 50% of Tainui's The Base mall for $192.5M, offers $197.5M for the rest

Kiwi Property to buy 50% of Tainui's The Base mall for $192.5M, offers $197.5M for the rest

Jonathan Underhill 07 Apr 2016
NZ dollar gains on tentative Fed, stronger crude oil as China's big data week awaited

NZ dollar gains on tentative Fed, stronger crude oil as China's big data week awaited

Jonathan Underhill 07 Apr 2016
Steel & Tube 'maintains confidence' in seismic mesh, says regulator only tested 3 sheets

Steel & Tube 'maintains confidence' in seismic mesh, says regulator only tested 3 sheets

Jonathan Underhill 07 Apr 2016
NZ labour market 'balance' caps wage inflation, justifies accommodative policy, RBNZ's Bascand says

NZ labour market 'balance' caps wage inflation, justifies accommodative policy, RBNZ's Bascand says

Jonathan Underhill 07 Apr 2016
NZ dollar little changed after rebound on dairy auction as Yellen awaited

NZ dollar little changed after rebound on dairy auction as Yellen awaited

Jonathan Underhill 06 Apr 2016
NZ business R&D spending increased last year, but costs, lack of resources seen as impediments

NZ business R&D spending increased last year, but costs, lack of resources seen as impediments

Jonathan Underhill 06 Apr 2016