News in Brief

News in Brief
Plexure CFO steps down
Markets

Plexure CFO steps down

Dalziel joined has been with the mobile marketing firm since 2016 and managed finances as it scaled up.

Staff reporters 18 Jun 2021
Precinct raising $250m to buy buildings including Bowen House
Finance

Precinct raising $250m to buy buildings including Bowen House

Precinct is also forecasting a 3.1% increase in annual dividend this year.

Staff reporters 18 Jun 2021
Wake Up Call: Helen Clark backs China flight bans
Markets Wake Up Call

Wake Up Call: Helen Clark backs China flight bans

NZ's former prime minister says the bans had proven correct and helped protect Australasia in comparison to other countries where delays caused irreversible contagion.

Staff reporters 18 Jun 2021
Kiwi dollar tumbles as US Fed pencils in rate hikes
Markets market close

Kiwi dollar tumbles as US Fed pencils in rate hikes

The market’s reaction was swift, with the yield on government bonds spiking 10 basis points as investors priced in rising interest rates.

Dan Brunskill 17 Jun 2021