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NZ dollar falls as markets fret about Italy, boosting greenback
By Rebecca Howard Oct. 3 (BusinessDesk) - The New Zealand dollar fell against a stronger greenback as ongoing political uncertainty in Italy supported the world's reserve currency The kiwi traded at 65.73 US cents at 5pm versus 65.93 cents at 8am and down from 66.10 cents l...
Gridlock on community infrastructure bill
By Paul McBeth Oct. 3 (BusinessDesk) - A divide along party lines meant MPs couldn't recommend passing a law making it easier for councils to charge development levies to pay for community infrastructure. Parliament's governance and administration select committee reported...
Fletcher to continue Steel & Tube pursuit
By Rebecca Howard Oct. 3 (BusinessDesk) - Fletcher Building is coy on whether it will raise its $284 million bid for Steel & Tube Holdings, saying shareholders holding more than 20 percent of the fabricator and distributor want the offer formally on the table. Steel & Tube...
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