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NZ dollar rises against the Aussie after RBA indicates further rate cuts
By Jenny Ruth June 18 (BusinessDesk) - The New Zealand dollar rose against the Australian dollar after the Reserve Bank of Australia said it is more likely than not to cut its cash rate further. The kiwi was trading at 94.93 Australian cents at 5pm in Wellington from 94.75...

Electricity Authority urged to test privacy status of meter data
By Gavin Evans June 18 (BusinessDesk) - The Electricity Authority has been urged to clarify the status of consumers’ meter data under the Privacy Act and how third-parties should be given access to it. The regulator wants to streamline access to consumers’ historic usage da...

Shorn Fonterra likely to keep ingredients business - Jarden
By Rebecca Howard June 18 (BusinessDesk) - Fonterra Cooperative Group needs to present a coherent investment case for the surviving business challenged by volatile earnings and limited New Zealand milk supply growth, according to Jarden analysts. Last month, Fonterra added...