Jeff McDowall to succeed Rob McDonald as Air NZ CFO from January
By Rebecca Howard Sept. 18 (BusinessDesk) - Jeff McDowall, who is currently Air New Zealand's group general manager corporate finance, will take over from chief financial officer Rob McDonald on Jan 1, 2018. In a statement to the stock exchange, chief executive Christopher...
NZ dollar pushed around by electoral polls as it slips 0.5% this week
By Rebecca Howard Sept. 15 (BusinessDesk) - The New Zealand dollar slipped 0.5 percent against the greenback over the week after whipsawing on different political polls ahead of the Sept. 23 election, although global jitters kept it range bound today. The kiwi traded at 72...
NZ economy seen expanding in June quarter, per capita growth still weak
By Rebecca Howard Sept. 15 (BusinessDesk) - New Zealand’s economy likely expanded at an aggregate level in the second quarter but per capita growth was probably tepid as migration runs hot. The median in a Bloomberg poll of 12 economist's forecasts for gross domestic produ...
NZ dollar gains vs greenback ahead of NZ poll, US CPI
By Rebecca Howard Sept. 14 (BusinessDesk) - The New Zealand dollar rose ahead of the latest opinion poll, with just over a week until the election, and before a report on US inflation. The kiwi dollar was trading at 72.54 US cents as at 5pm in Wellington from 72.37 US cent...