NZ dollar rises after Yellen disappoints hawks and BOC lifts rates
By Rebecca Howard July 13 (BusinessDesk) - The New Zealand dollar rose after Federal Reserve chair Janet Yellen was seen as dovish and on some speculation that the New Zealand and Australian central banks may follow their Canadian counterpart and lift rates sooner rather than...
Tomizone chief executive Geoff Wanless follows chairman out the door
By Rebecca Howard July 13 (BusinessDesk) - Auckland-based Tomizone chief executive Geoff Wanless is following his chairman out the door as the ASX-listed wi-fi service provider raises new funds and its lender takes a more hands-on role. "Tomizone's chief executive officer...
NZ food prices inch up in June, led by avocados and soft drinks
By Rebecca Howard July 13 (BusinessDesk) - New Zealand food prices rose in June, led by higher prices for avocados and soft drinks, although produce prices more broadly pulled back from highs in May. The food price index climbed an annual 3 percent in the year ended June,...
NZ house prices rise 5.8% in June, led by growth outside Auckland: REINZ
By Rebecca Howard July 13 (BusinessDesk) - New Zealand's median house price rose an annual 5.8 percent in June with strong growth outside of Auckland, according to the Real Estate Institute. The national median house price increased to $529,000 in June from $500,000 the sam...
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