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Treasury mindful of gaps in living standards framework
By Paul McBeth June 19 (BusinessDesk) - Treasury has identified parts of its living standards framework where more information is needed and says some of its work is pushing the boundaries of economic theory. Deputy secretary Struan Little, who was filling in for Secretary...
Cannasouth slumps on debut as investors back blue-chips
By Paul McBeth June 19 (BusinessDesk) - Pre-revenue medicinal cannabis firm Cannasouth made an inauspicious debut as a publicly listed company, shedding 20 percent in early trading as investors pursue blue-chip stocks offering reliable dividends. The Waikato-based company...
Wider annual current account deficit meets expectations
By Rebecca Howard June 19 (BusinessDesk) - New Zealand’s annual current account deficit widened in the March quarter, as the goods and services balance swung to a deficit as expected. The annual deficit was $10.6 billion, or 3.6 percent of gross domestic product in the thre...
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