NZ dollar rises vs Aussie as Australian economic growth misses expectations
By Rebecca Howard Dec. 6 (BusinessDesk) - The New Zealand dollar rose against the Aussie dollar after figures showed the Australian economy grew at a slower-than-expected pace in the third quarter. The kiwi traded at 90.93 Australian cents as at 5pm in Wellington from 90.2...
Nyriad and Revera join forces to provide NZ organisations with blockchain technology
By Rebecca Howard Dec. 6 (BusinessDesk) - Cambridge-based start-up Nyriad has joined forces with Spark New Zealand's cloud service provider Revera to pilot a programme for Kiwi organisations to manage sensitive data using blockchain technology. "We have partnered exclusive...
NZ businesses losing confidence in face of worker shortage, EMA survey shows
By Rebecca Howard Dec. 6 (BusinessDesk) - Businesses are heading into 2018 with less confidence than in 2017 and the tight labour market is the number one headache for employers, a survey by the Employers and Manufacturers Association has found. Businesses expecting conditi...
NZ dollar rises after RBNZ acting governor says bank adopting more flexible approach
By Rebecca Howard Dec. 5 (BusinessDesk) - The New Zealand dollar rose against the US dollar after acting Reserve Bank Governor Grant Spencer said the central bank is adopting a more flexible approach to inflation targeting as it grapples with persistently low inflation. Th...
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