NZ dollar continues to gain against the Aussie
By Rebecca Howard July 25 (BusinessDesk) - The New Zealand dollar rose further against the Australian dollar as expectations for further rate cuts across the Tasman grow. The kiwi was trading at 96.12 Australian cents at 8am in Wellington from 95.86 Australian cents at 5pm....
NZ dollar gains against Aussie as Westpac picks two RBA rate cuts
By Rebecca Howard July 24 (BusinessDesk) - The New Zealand dollar gained against the Aussie after Westpac Banking Corp's chief economist said he now expects Australia's central bank to cut rates twice more. The kiwi was trading at 95.86 Australian cents at 5pm in Wellington...
NZ Windfarms cans asset sale, plans share buyback
By Rebecca Howard July 24 (BusinessDesk) - NZ Windfarms has canned its planned asset sale and instead plans to buy back as much as 5 percent of its shares. The company, which operates the Te Rere Hau wind farm near Palmerston North, late last year hired Jarden to conduct a...
Livestock Improvement more than doubles FY net profit
By Rebecca Howard July 24 (BusinessDesk) - Livestock Improvement Corp, the dairy herd genetics cooperative, more than doubled its full-year net profit and said it expects another strong result in the current year. Net profit jumped to $22.2 million in the year ended May 31,...
Prev
