Treasury sees greater inflationary pressure, higher interest rates
By Rebecca Howard Dec. 14 (BusinessDesk) - New Zealand’s Treasury sees greater inflationary pressures and higher interest rates as new government policies lead to a faster pace of economic and wage growth. The policies are “forecast to support a longer period of above-trend...
OG Oil & Gas receives regulatory approval for its partial takeover of NZ Oil & Gas
By Rebecca Howard Dec. 14 (BusinessDesk) - OG Oil & Gas has received approval from the Overseas Investment Office in its partial takeover bid for New Zealand Oil & Gas, one of the final hurdles the oil and gas division of Ofer Global needs to declare the deal done. "This a...
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...
Prev
