News in Brief

News in Brief
Expect an 'extended pause' to interest rate hikes – HSBC
News in Brief

Expect an 'extended pause' to interest rate hikes – HSBC

Pressure is off the central bank to ratchet up the bank rate any further than 5.5%.

Staff reporters 02 Nov 2023
Briscoe's reports a sporting 3Q sales boost
News in Brief

Briscoe's reports a sporting 3Q sales boost

Retailer gets a solid trading period under its belt headed into the final quarter. 

Staff reporters 02 Nov 2023
ComCom consulting on electricity line charges
News in Brief

ComCom consulting on electricity line charges

The Commerce Commission has released its initial views on what the future cap should be on increases to local lines charges in consumers' power bills.The lines distribution component is about 27% of the total bill paid by electricity consumers, and every five years, the Comme...

Jem Traylen 02 Nov 2023
Jarden slashes My Food Bag target price by 44%
News in Brief

Jarden slashes My Food Bag target price by 44%

Jarden has slashed its target price for the New Zealand stock exchange-listed My Food Bag but has retained its buy rating despite a challenging environment.It’s revised its target price by 44% to 25c a share, down from 45c.Year-to-date, the meal-kit company’s share price is down...

Staff reporters 02 Nov 2023