OceanaGold gets permit for new mine
News in Brief

OceanaGold gets permit for new mine

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 Waihi gold mine and the Macraes gold field north of Dunedin - exclusive rights to the...

Staff reporters 07 Aug 2020
SFO keeps Jami-Lee Ross leak under wraps
News in Brief

SFO keeps Jami-Lee Ross leak under wraps

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 one of four men who have pleaded not guilty to SFO charges over donations. The others a...

Staff reporters 06 Aug 2020
Inflation expectations up slightly
Economy

Inflation expectations up slightly

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 versus 1.24 percent in the June-quarter survey.  The mean expectation for one-year-ahead infla...

Staff reporters 06 Aug 2020
Healthy result for T&G Global, but future looks tough
News in Brief

Healthy result for T&G Global, but future looks tough

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 earlier.Revenue climbed 20 percent to $671.3 million from the prior year's $560.8 mi...

Staff reporters 06 Aug 2020