NZ consumer confidence ticks up in August
By Rebecca Howard Aug. 17 (BusinessDesk) - New Zealand consumer confidence rose in August with little sign that a cooling housing market is hurting consumer sentiment. The ANZ-Roy Morgan consumer confidence index rose to 126.2 in August from 125.4 in July. Of that, the cu...
Freightways buys Australian medical waste service for as much as A$10M
By Rebecca Howard Aug. 17 (BusinessDesk) - Freightways has snapped up Australian State Waste Services and its related entities, a group that provides medical waste services in Sydney and surrounding regional areas, for an initial payment of A$6 million and said it is expected...
Precinct Properties lifts FY profit 17%, upbeat on development pipeline for 2018
By Rebecca Howard Aug. 17 (BusinessDesk) - Precinct Properties New Zealand, the listed commercial property investor, increased annual profit 17 percent and was positive about the current financial year as it completes its development pipeline. It's also considering issuing $15...
NZ dollar little changed after dropping overnight
By Rebecca Howard Aug. 16 (BusinessDesk) - The New Zealand dollar was little changed in Asia after falling sharply overnight when US retail sales data propelled the greenback higher. The kiwi dropped was at 72.34 US cents as at 5pm in Wellington versus 72.36 US cents as a...
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