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UPDATE: Orr 'very pleased' with NZ economy; economists see rates outlook unchanged
(Updates to include comments from economists, detail throughout) By Rebecca Howard March 26 (BusinessDesk) - Changes to the Reserve Bank's policy targets agreement, a shift to decision-making by committee and a new governor in Adrian Orr are unlikely to herald a change in...
NZ posts trade surplus in February as car imports fall to 5-year low
By Sophie Boot March 26 (BusinessDesk) - New Zealand posted a trade surplus in February as imports and exports both increased, with imports at a high for the month even as car imports fell, Statistics New Zealand said. Goods exports jumped 11 percent to $4.46 billion compar...
Gentrack inks contract with Eon; 1H profit forecast unchanged
By Tina Morrison March 26 (BusinessDesk) - Gentrack Group has inked a contract with Eon, providing Germany’s largest renewable energy producer with its velocity utility billing and customer management software for its UK and Romanian energy supply businesses. Auckland-based...