Govt dashes hopes for Chinese student travel exemption
Economy

Govt dashes hopes for Chinese student travel exemption

The government has dashed universities' hopes of a temporary exemption for around 6,000 Chinese students who have been unable to start their studies in New Zealand because of the ban imposed on travel from China following the coronavirus outbreak.Universities New Zealand had lobb...

Pattrick Smellie 28 Feb 2020
Universities drop self-isolation of stranded Chinese students
Finance

Universities drop self-isolation of stranded Chinese students

Time is running out for New Zealand universities to get a special exemption to allow about 6,000 students currently stranded in China to start the first semester here.The outlook for the global spread of the coronavirus has deteriorated so rapidly since the beginning of the week...

Pattrick Smellie 27 Feb 2020
Suddenly, markets see two RBNZ rate cuts this year
Economy

Suddenly, markets see two RBNZ rate cuts this year

Worsening global sentiment over the spread of the coronavirus, or covid-19, has pitched New Zealand financial markets traders from expecting no interest rate cuts by the Reserve Bank in the foreseeable future to pricing in at least one and possibly two cuts to the official cash r...

Pattrick Smellie 26 Feb 2020
Todd Corp facing fourth defeat on giant WA iron ore mine
Finance

Todd Corp facing fourth defeat on giant WA iron ore mine

Minority shareholders of Todd Corp-controlled Flinders Mines appear determined to vote down proposals for a multi-billion dollar iron ore development in Western Australia’s Pilbara region.While not assured, a defeat looks the more likely outcome at a March 3 extraordinary general...

Pattrick Smellie 26 Feb 2020