NZ businesses investing more in R&D and expansion but numbers still low
By Rebecca Howard March 20 (BusinessDesk) - New Zealand businesses are investing more in their growth and research and development but while the number of businesses carrying out R&D is at a 10-year high only 11 percent of firms are doing it. According to Statistics New Ze...
NZ consumer confidence ticks back up in March quarter as political jitters fade
By Rebecca Howard March 20 (BusinessDesk) - New Zealand consumer confidence retraced its post-election drop to return to average levels in the March quarter as political jitters faded and the economy remains strong. The Westpac McDermott Miller consumer confidence index ro...
NZ dollar may fall as Fed poised to hike while RBNZ on hold
By Rebecca Howard March 19 (BusinessDesk) - The New Zealand dollar slipped and is poised to go lower with the focus firmly on this week's policy reviews at the US Federal Reserve and New Zealand's central bank, where the Fed is expected to hike while the Reserve Bank stays on...
NPT shareholders greenlight sale of management contract to Augusta
By Rebecca Howard March 19 (BusinessDesk) NPT shareholders voted in favour of Augusta Capital buying the real estate investor's management contract for $4.5 million at a special meeting today in Auckland. Of the votes cast, 97 percent were in favour of the resolution to app...
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