NZ dollar heads for 1.5% weekly decline as final vote tally looms, greenback gains
By Rebecca Howard Oct. 6 (BusinessDesk) - The New Zealand dollar is heading for a 1.5 percent fall this week ahead of tomorrow's final vote count and as hopes for US tax reforms and rate hikes push up the greenback. The kiwi traded at 70.96 as a 5pm in Wellington versus 71....
Stateside Kiwi companies could benefit from US tax overhaul
By Rebecca Howard Oct. 6 (BusinessDesk) - US President Donald Trump's tax overhaul could benefit New Zealand business operating in the world's biggest economy although the devil lies in the unknown detail. Trump aims to enact a package of tax cuts for corporations, small b...
First NZ Capital makes case for Summerset, Metlifecare merger
By Rebecca Howard Oct. 6 (BusinessDesk) - Merging retirement village operators Summerset Group and Metlifecare would put them on firmer ground in mounting a trans-Tasman expansion as the domestic property market starts to fade, says First NZ Capital in a research note flying a...
Polish Dairy to join Fonterra's Global Dairy Trade platform from Nov 21
By Rebecca Howard Oct. 5 (BusinessDesk) - Polish Dairy, the fifth largest producer of milk in the European Union, will join Fonterra Cooperative Group's Global Dairy Trade platform from Nov 21, initially offering skim milk powder, whole milk powder, butter and lactose on the p...
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