ANZ New Zealand full-year cash profit rises 0.3%, net interest margin falls
By Jonathan Underhill Oct. 29 (BusinessDesk) - ANZ Bank New Zealand, the nation's biggest lender, recorded a 0.3 percent gain in full-year cash profit, as growth in lending made up for a decline in net interest margin. Cash profit was $1.69 billion in the year ended Sept. 3...
UPDATE: FlexiGroup sees scope to lift credit card spend for F&P Finance cards
(Recasts to adds details of FlexiGroup strategy, funding) By Jonathan Underhill Oct. 27 (BusinessDesk) - FlexiGroup, the ASX-listed financial services company, says it sees a significant opportunity to lift the share of New Zealand credit spending captured by Fisher & Payke...
Fletcher Building's construction unit wins $477M contract to build SkyCity convention centre, hotel
By Jonathan Underhill Oct. 27 (BusinessDesk) - Fletcher Building's construction unit has won the $477 million contract to build a convention centre, five-star hotel and associated infrastructure for SkyCity Entertainment Group in Auckland that the casino and hotel company agre...
NZ dollar extends gain vs. euro on ECB money printing, rises against greenback
By Jonathan Underhill Oct. 23 (BusinessDesk) - The New Zealand dollar extended its gain against the euro to a four-month high after the European Central Bank signalled it will expand its quantitative easing programme, driving appetite for riskier currencies such as the kiwi an...
Prev
