UPDATE: NZ Shareholders' Assn elevates capital market concerns to PM
(Adds FMA comment in 7th and 8th paragraphs, removes ambiguity in 3rd paragraph) By Paul McBeth Sept. 19 (BusinessDesk) - The New Zealand Shareholders' Association has elevated its concerns about dwindling confidence in capital markets to the very top - the prime minister. ...
MARKET CLOSE: NZ shares shrug off Synlait slump, join global rally
By Paul McBeth Sept. 19 (BusinessDesk) - New Zealand shares rose as investors shrugged off a slightly gloomier outlook for Synlait Milk and joined a global rally as the latest bout in the US-China trade war wasn't as harsh as feared. The S&P/NZX index increased 29.29 point...
Govt needs to consider ratepayer burden in 3 waters policy, Mahuta says
By Paul McBeth Sept. 19 (BusinessDesk) - The government will have to consider what could be a heavy burden for ratepayers upgrading the nation's three-waters systems, and work on how to deliver that will continue into next year, Local Government Minister Nanaia Mahuta says. ...
Heartland needs access to wholesale funding to grow Australian reverse mortgages
By Paul McBeth Sept. 19 (BusinessDesk) - Heartland Bank's Australian reverse mortgage business is constrained by Reserve Bank prudential rules and that's why it needs to be carved out into a separate entity, says chair Geoff Ricketts. The lender's board wants shareholders...
Prev
