NZ dollar gets late lift from US political news
By Rebecca Howard Dec. 13 (BusinessDesk) - The New Zealand dollar stuck to a tight range ahead of policy decisions from a raft of central banks but got a late lift after reports that Democrat Doug Jones beat Republican Roy Moore in the US Senate race in Alabama. The kiwi do...
CricHQ's business and assets to be sold to NZ investors, settlement in January
By Rebecca Howard Dec. 13 (BusinessDesk) - CricHQ, the cloud-based cricket software developer, and its assets will be sold to a group of New Zealand investors for an undisclosed amount, say receivers Neale Jackson and Brendon Gibson of KordaMentha. CricHQ was tipped into re...
Government to conduct inquiry into September fuel pipeline outage
By Rebecca Howard Dec. 13 (BusinessDesk) - The government will hold an independent inquiry into the September outage of the fuel pipeline from Marsden Point refinery to Auckland, says Energy and Resources Minister Megan Woods. The 170-km pipeline, which supplies petrol, die...
NZ food prices fall 0.1% in November, rise in year on gains for kumara, pumpkin, butter
By Rebecca Howard Dec. 13 (BusinessDesk) - New Zealand food prices eased on the month in November but remained higher on the year, as poor growing conditions pushed pumpkin and kumara prices to historic highs and butter prices remained at record levels. The food price inde...
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