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Iwi leaders spurn Parker's freshwater initiative
By Gavin Evans Aug. 15 (BusinessDesk) - Iwi leaders have rejected the government’s plans for a new Māori working group on fresh water management. The Pou Taiao Iwi Leaders Group says it will not be participating in the Kāhui Wai Māori process outlined by Environment Ministe...
MARKET CLOSE: NZ shares rise as earnings continue; NZX gains on spec div
By Paul McBeth Aug. 15 (BusinessDesk) - New Zealand shares rose as earnings season continued to deliver mixed results. NZX was among gainers on the day after delivering a special dividend while Heartland Bank fell on its increased bad debt provisioning. The S&P/NZX 50 inde...
NZ dollar gains vs Aussie as tepid wage inflation firms up view for flat rate track
By Rebecca Howard Aug. 15 (BusinessDesk) - The New Zealand dollar gained against the Aussie as a lack of wage inflation in Australia affirmed expectations for a flat interest rate track across the Tasman. The kiwi increased to 90.91 Australian cents as at 5pm in Wellington...
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