NZ's neutral interest rate now below 4 percent says RBNZ
By Rebecca Howard July 26 (BusinessDesk) - New Zealand's neutral interest rate has fallen below 4 percent and a lower New Zealand dollar would help rebalance growth and lower the nation's net foreign liabilities, said Reserve Bank assistant governor John McDermott in a speech...
Kiwi a tad higher vs greenback
By Rebecca Howard July 25 (BusinessDesk) - The New Zealand dollar dipped after the Ministry for Primary Industries said a cattle disease had been detected in a dairy herd in South Canterbury but swiftly pared its losses on the back of a weaker USD ahead of the US Federal Reser...
Trans Tasman Resources iron sand decision pushed back to Aug 3
By Rebecca Howard July 25 (BusinessDesk) - The decision making committee which will determine whether Trans Tasman Resources gets a green light to mine iron sands from the ocean floor in New Zealand's Exclusive Economic Zone has indicated it requires an additional one-week ext...
Argosy affirms plan to lift full-year dividend of 6.2 cents a share
By Rebecca Howard July 25 (BusinessDesk) - Argosy Property told its annual general meeting it is on track to deliver a 2018 full-year dividend of 6.2 cents per share, fully paid from distributable income. The Auckland-based company said it would pay a first quarter dividend...
Prev
