SFO says no changes made after South Canterbury criticism, but oversight strengthened
By Jonathan Underhill March 1 (BusinessDesk) - The Serious Fraud Office says it hasn't made any changes to the way it carries out complex investigations as a result of criticism of its investigation into South Canterbury Finance although it now routinely involves its most expe...
RBA keeps cash rate at 2%, reiterates scope for easier policy
By Jonathan Underhill March 1 (BusinessDesk) - The Reserve Bank of Australia kept its cash rate unchanged, while reiterating an easing bias given weak inflation, showing little sign of having revised its position since last reviewing monetary conditions four weeks ago. Gove...
NZ terms of trade falls 2% in fourth quarter as dairy, meat lead weaker export prices
By Jonathan Underhill March 1 (BusinessDesk) - New Zealand's terms of trade declined in the fourth quarter as weaker prices for dairy and meat resulted in export prices falling more than import prices. The merchandise goods terms of trade fell 2 percent in the fourth quarte...
Commerce Commission declines Tennex Capital application to buy San-i-pak
By Jonathan Underhill March 1 (BusinessDesk) - The Commerce Commission has turned down Tennex Capital's application to acquire San-i-pak, saying the merger would give it a monopoly on the treatment and disposal of medical and quarantine waste in the South Island. Tennex pro...
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