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BNZ sees downside risk to kiwi already trading below fair value estimate

BNZ sees downside risk to kiwi already trading below fair value estimate

By Rebecca Howard July 5 (BusinessDesk) - Global risks coupled with domestic forces are weighing on the New Zealand dollar and Bank of New Zealand says its fair value estimate of 70 US cents faces downside risks that could push it even lower.  "The biggest near-term risk we...

Rebecca Howard 05 Jul 2018
Air NZ slams 'excessive pricing' by NZ airports, says law changes could cut plane ticket costs

Air NZ slams 'excessive pricing' by NZ airports, says law changes could cut plane ticket costs

By Sophie Boot July 5 (BusinessDesk) - Air New Zealand has slammed the "ravages of airport pricing behaviour" in New Zealand in support of changes to the Commerce Act it says would help curb airport owners' charging and cut air travel costs for passengers. At the transport...

Sophie Boot 05 Jul 2018
NZ farmer confidence drops on concern about Mycoplasma bovis: Rabobank survey

NZ farmer confidence drops on concern about Mycoplasma bovis: Rabobank survey

By Margreet Dietz July 5 (BusinessDesk) - New Zealand farmer confidence slid in the past quarter amid concern about the impact of Mycoplasma bovis cattle disease on the country’s agricultural sector, with the number of farmers expecting conditions to improve now only just outw...

Margreet Dietz 05 Jul 2018
Appeal Court rejects Dotcom's bid to stay extradition, says misconduct claims should be heard at trial

Appeal Court rejects Dotcom's bid to stay extradition, says misconduct claims should be heard at trial

Paul McBeth 05 Jul 2018
UK Supreme Court rejects NZ Super Fund's joint debt recovery claim

UK Supreme Court rejects NZ Super Fund's joint debt recovery claim

Margreet Dietz 04 Jul 2018
CBL Corp administrators announce a deal to sell UK PFP business to US private equity firms

CBL Corp administrators announce a deal to sell UK PFP business to US private equity firms

Rebecca Howard 04 Jul 2018
NZ govt operating surplus 9% above forecast for 11 months to May

NZ govt operating surplus 9% above forecast for 11 months to May

Rebecca Howard 04 Jul 2018
Jayne Hrdlicka to take over as A2 managing director from July 16

Jayne Hrdlicka to take over as A2 managing director from July 16

Sophie Boot 04 Jul 2018
NZ dollar little changed in subdued Independence Day trading as Fed minutes, payrolls loom

NZ dollar little changed in subdued Independence Day trading as Fed minutes, payrolls loom

Jonathan Underhill 04 Jul 2018
Business supports NZ moves to limit greenhouse gases: Westpac NZ survey

Business supports NZ moves to limit greenhouse gases: Westpac NZ survey

Margreet Dietz 04 Jul 2018
MARKET CLOSE: NZ shares mixed in light trading, Sky TV and Stride rise while A2, Westpac drop

MARKET CLOSE: NZ shares mixed in light trading, Sky TV and Stride rise while A2, Westpac drop

Sophie Boot 04 Jul 2018
NZ dollar shrugs off weak dairy prices, rises as investors ease up on bets its going to keep falling

NZ dollar shrugs off weak dairy prices, rises as investors ease up on bets its going to keep falling

Rebecca Howard 04 Jul 2018
S&P's new rating methodology for public sector funders unlikely to result in cut to LGFA, investors say

S&P's new rating methodology for public sector funders unlikely to result in cut to LGFA, investors say

Jonathan Underhill 04 Jul 2018
TSB hires former Warehouse Financial Services head Donna Cooper as new CEO

TSB hires former Warehouse Financial Services head Donna Cooper as new CEO

Paul McBeth 04 Jul 2018
Shrinking profitability in business surveys sounds warning on corporate earnings

Shrinking profitability in business surveys sounds warning on corporate earnings

Rebecca Howard 04 Jul 2018
NZ has scope to accelerate infrastructure spending to close gap sooner, IMF says

NZ has scope to accelerate infrastructure spending to close gap sooner, IMF says

Paul McBeth 04 Jul 2018
NZ commodity prices fall 1% in June as whole milk powder, beef drop

NZ commodity prices fall 1% in June as whole milk powder, beef drop

Rebecca Howard 04 Jul 2018
Auckland median house price slips to $810,000 in June, Barfoot says

Auckland median house price slips to $810,000 in June, Barfoot says

Tina Morrison 03 Jul 2018
NZ share trading volumes lift in June but the value of trade eases

NZ share trading volumes lift in June but the value of trade eases

Rebecca Howard 03 Jul 2018
Morningstar lifts Ebos share value, earnings forecast on Chemist Warehouse deal

Morningstar lifts Ebos share value, earnings forecast on Chemist Warehouse deal

Margreet Dietz 03 Jul 2018
Kiwibuild buyer criteria include $180,000 cap on income and residence requirements

Kiwibuild buyer criteria include $180,000 cap on income and residence requirements

Sophie Boot 03 Jul 2018
Gentrack to sell $90M of shares in discounted offer to repay debt after acquisition spree

Gentrack to sell $90M of shares in discounted offer to repay debt after acquisition spree

Paul McBeth 03 Jul 2018
NZ dollar rises from two-year low ahead of US holiday, after yuan comments

NZ dollar rises from two-year low ahead of US holiday, after yuan comments

Jonathan Underhill 03 Jul 2018
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