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Finance
Business confidence slips to new 10-year low in September
By Rebecca Howard Sept. 30 (BusinessDesk) - Business confidence slipped further in September and the central bank will be disappointed its 50 basis point rate cut in August doesn't appear to be having much impact, ANZ Bank said in its monthly business outlook survey. A net...
Infrastructure
Gentrack downgrades profit guidance again
By Jenny Ruth Sept. 30 (BusinessDesk) - Gentrack has downgraded its expected operating earnings yet again. The utilities software provider now says earnings before interest, tax, depreciation and amortisation for the year ending today will be between $25-26 million. It w...
Finance
Business confidence survey one of the clues to RBNZ's next move
By Jenny Ruth Sept. 30 (BusinessDesk) - The next clue to what the Reserve Bank might do in November will be this afternoon's business confidence survey. The ANZ Bank monthly survey's headline index registered pessimists at a net 52.3 points in August, the weakest since 2008...
Markets
MARKET CLOSE: NZ shares edge up in quiet trading; property stocks rise while gentailers fall
By Paul McBeth Sept. 27 (BusinessDesk) - New Zealand shares edged higher in relatively quiet trading, with property stocks including Kiwi Property Group and Stride Property among the day's gainers. Electricity generators were largely weaker. The S&P/NZX50 50 Index increase...
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