Consumers jittery as covid-19 bites
The Westpac McDermott Miller Consumer Confidence Index fell 2.1 points in September, taking it to 95.1, the lowest since 2008.“An increasing number of households are telling us their financial position has taken a knock in recent months. That’s consistent with the rise in jobless...
Former minister among those recommended for Fonterra board
Former primary industries minister Nathan Guy is one of those recommended by Fonterra's selection panel process to fill two seats on the milk cooperative’s board.Incumbent director Brent Goldsack, along with Guy, Cathy Quinn and Mike O’Connor are the independently assessed ca...
Best case is a 5% dip in GDP - NZIER
The most optimistic forecast for the New Zealand economy is a contraction in gross domestic product of 5 percent for the year to March 2021, with the gloomiest predicting a drop of 11.8 percent, according to the latest consensus forecast by the NZ Institute of Economic Research.T...
THL boosts profit expectation
Listed tourism company Tourism Holdings has revised its expected profit up a smidgen, to about $20 million for the financial year ended June 30.The company told the NZX on Monday it had increased its profit guidance from $17.5 million to $19.5 million, excluding one-offs such as...
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