NZ dollar falls vs Aussie on lower jobless rate across the Tasman
By Paul McBeth Oct. 18 (BusinessDesk) - The New Zealand dollar fell against the Aussie as a lower unemployment rate across the Tasman supported the Reserve Bank of Australia's increasingly optimistic domestic outlook. The kiwi dropped to 91.85 Australian cents as at 5pm in...
Metlifecare considering buyback to lift share price
By Paul McBeth Oct. 18 (BusinessDesk) - Metlifecare is considering ways to boost the share price, including a potential buyback, says chairman Kim Ellis. The shares recently traded at $5.98, down from a peak of $6.51 in September, and a sizeable discount to their net asset...
Comvita says new strategy should lift annual sales, earnings
By Paul McBeth Oct. 18 (BusinessDesk) - Comvita says a new strategy focusing on its core mānuka honey products and securing supply should drive higher sales and earnings. Chief executive Scott Coulter told shareholders at today's annual meeting the new strategy should star...
Big end of town to advise PM on high-level economic issues
By Paul McBeth Oct. 18 (BusinessDesk) - The Prime Minister's Business Advisory Council will focus on high-level economic matters and the government's wider economic agenda. A work programme hasn't been finalised, but it will canvass: ways to grow the economy and improve pr...
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