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NZ dollar falls against Aussie on Australian data, North Korea jitters
By Rebecca Howard Sept. 5 (BusinessDesk) - The New Zealand dollar fell in a see-saw day against the Aussie after Australian trade data, a central bank statement and ongoing jitters about North Korea's military ambitions. The kiwi was trading at 90.01 Australian cents as at...
Feltex shareholder says Appeal Court wrong to rule sales forecasts not 'material'
By Jonathan Underhill Sept. 5 (BusinessDesk) - Former Feltex Carpets shareholder Eric Houghton says the Court of Appeal was wrong in finding two months of sales that were about 20 percent below forecast didn't amount to "material" information that should have been provided to...
Christchurch Airport pays special dividend as record passengers drive 50% profit gain
By Paul McBeth Sept. 5 (BusinessDesk) - Christchurch International Airport will pay its Crown and council shareholders a special dividend after record passenger numbers helped drive a 50 percent gain in annual profit. The South Island's major aerial gateway will pay a spec...
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