Serco keeps million dollar Language Line interpreter contract
By Paul McBeth July 21 (BusinessDesk) - Serco Australia's citizen services division has kept its $1 million contract to provide interpretation services for a growing number of non-English speaking New Zealanders. The Department of Internal Affairs awarded the contract to p...
Livestock Improvement Corp sinks into the red
By Paul McBeth July 21 (BusinessDesk) - Livestock Improvement Corp, the farmer-owned dairy herd genetics, farm software and automation cooperative, dipped into the red in 2016 as farmers scaled back spending because of the dairy downturn, which weighed on the value of the comp...
RBNZ's 'clear' message gets traction in pushing down kiwi
By Paul McBeth July 21 (BusinessDesk) - The Reserve Bank's "clear" message that interest rates are set to plumb a new record-low achieved got the desired effect in pushing the kiwi dollar to a month-low. The central bank today said "further easing was likely" with the stro...
RBNZ says rate cut seems likely as strong kiwi softens inflation outlook
By Paul McBeth July 21 (BusinessDesk) - The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. In an out-of-schedule economic update, the R...
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