RESEND: Auckland Airport boss upbeat about future but warns against complacency
(Resend for customers who missed delivery) By Rebecca Howard Aug. 22 (BusinessDesk) - Auckland International Airport chief executive Adrian Littlewood is upbeat about the future despite signs of softening traveller numbers, but warned against complacency. The country's...
FIRST CUT: Auckland Airport earnings at top end of guidance
By Rebecca Howard Aug. 22 (BusinessDesk) - Auckland International Airport reported a 4.4 percent lift in its underlying profit after another record year for traveller numbers. The country’s largest airport reported an underlying profit after tax of $274.7 million for the ye...
NZ dollar hovers near 64 US cents as central bankers gather
By Rebecca Howard Aug. 22 (BusinessDesk) - The New Zealand dollar is hovering near 64 US cents after minutes from the US Federal Reserve suggested the rate cut there last month wasn't the start of a strong easing cycle. The kiwi was trading at 64.01 US cents at 7:50 am in W...
Steep rate cut aimed at staving off unconventional monetary policy: Hawkesby
By Rebecca Howard Aug. 21 (BusinessDesk) - The recent steep rate cut by the Reserve Bank of New Zealand was aimed at reducing the probability that unconventional tools would be needed in the future, assistant governor Christian Hawkesby said in a speech published on the bank's...
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