New assistant governor to join RBNZ
By Staff reporters | Tue, 11 Aug 2020
Juliet Tainui-Hernandez has been appointed assistant governor and general manager of transformation and people, completing the Reserve Bank’s seven-person senior leadership team.Tainui-Hernandez...
Retail spending remains strong in July
By Staff reporters | Tue, 11 Aug 2020
Retail card spending in the hospitality sector hit the strongest level for a July month ever. “While accommodation spending remains low, New Zealanders’ increased spending on eating...
Freightways airfreight contract extended
By Staff reporters | Fri, 07 Aug 2020
Freightways’ contract to provide trans-Tasman airfreight has been extended through August and will likely be extended further due to the virus resurgence in Victoria.When international passenger...
No plan to restore smelter production - Rio Tinto
By Staff reporters | Fri, 07 Aug 2020
The Tiwai Point aluminium smelter has no plans to restart a production line shut earlier this year.Line four, which typically contributes about 9 percent of the site’s total production, was shut...
OceanaGold gets permit for new mine
By Staff reporters | Fri, 07 Aug 2020
OceanaGold has been granted a mining permit for its Wharekirauponga site on the southern Coromandel Peninsula. The 40-year permit grants the ASX-listed mining company - which operates the nearby...
SFO keeps Jami-Lee Ross leak under wraps
By Staff reporters | Thu, 06 Aug 2020
The Serious Fraud Office has obtained a court order ensuring MP Jami-Lee Ross keep secret information that it inadvertently sent to the defendants in the National Party donations case. Ross is on...
Inflation expectations up slightly
By Staff reporters | Thu, 06 Aug 2020
Inflation expectations ticked up slightly in the Reserve Bank’s latest survey. The most-watched numbers in the survey, mean two-year-ahead inflation expectations, lifted to 1.43 percent ver...
Healthy result for T&G Global, but future looks tough
By Staff reporters | Thu, 06 Aug 2020
T&G Global shares jumped 9.6 percent to $2.85 after the fresh produce exporter announced a twofold jump in net profit to $9.5 million in the six months through June, up from $4 million a year earl...
Regional hotel spending up in July
By Staff reporters | Thu, 06 Aug 2020
Regional accommodation spending improved last month, data from payments platform Paymark shows. Bay of Plenty, West Coast, Marlborough, Nelson, Gisborne, Taranaki and Hawke&rs...
Tompkins Wake takes on Lowndes lawyers
By Staff reporters | Wed, 05 Aug 2020
A trio of lawyers unstuck following the closure of Lowndes – former managing director Lowndes, Kerri Dewe and Reuben Payne – will move to Tompkins Wake on Sept. 1.Tompkins Wake chief execu...
Ryman slows construction in Australia
By Staff reporters | Tue, 04 Aug 2020
Ryman Healthcare said it is difficult to predict how new lockdown restrictions in Victoria will impact its target of delivering 900 beds and units in the 2021 financial year.On Sunday Victoria declare...
BNP signs NZX deal
By Staff reporters | Tue, 04 Aug 2020
BNP Paribas said it will become an NZX general clearing participant by the first half of next year, a move which it says will bring technical expertise to New Zealand.The French bank said it will brin...