New E tu union seeks relevance in changing labour market
By Paul McBeth Oct. 7 (BusinessDesk) - The newly formed E tu union, created through the merger of the Engineering, Printing and Manufacturing Union and the Service and Food Workers Union, wants to make organised labour relevant to workers again in a bid to catch up with changi...
CORRECT: NZ dollar gains as dairy prices rise in latest GDT auction, sapping rate cut expectations
(Fixes WMP price in 3rd graph) By Paul McBeth Oct. 7 (BusinessDesk) - The New Zealand dollar gained after dairy prices rose at the latest GlobalDairyTrade auction, soothing concerns about the local economy and eroding expectations the Reserve Bank will cut interest rates th...
Summerset lifts annual earnings guidance as sales jump 64% in third quarter
By Paul McBeth Oct. 7 (BusinessDesk) - Summerset Group, the retirement village developer and operator, raised annual earnings guidance after sales climbed 64 percent in the third quarter and in anticipation of increased activity in the final three months of the year, when resi...
NZ dollar slips vs. Australian dollar after RBA gives no hint of lowering interest rates
By Paul McBeth Oct. 6 (BusinessDesk) - The New Zealand dollar dipped against its trans-Tasman counterpart after the Reserve Bank of Australia disappointed traders looking for hints of another rate cut, keeping the target cash rate unchanged and saying data will inform future m...
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