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NZ dollar gains amid expectations of strong dairy auction
By Jonathan Underhill Aug. 16 (BusinessDesk) - The New Zealand dollar gained along with other commodity-linked currencies as prices of raw materials rose and traders speculated the dairy auction tonight will deliver another strong gain for whole milk powder. The kiwi dollar...
Opus International sinks into the red, writing down value of Australian, Canadian units
By Paul McBeth Aug. 16 (BusinessDesk) - Opus International Consultants, the listed engineering firm, sank into the red in the first half after writing down the value of its Australian and Canadian businesses which have struggled on falling oil and gas prices. The Wellingto...
Auckland transport network at "crunch point", says KiwiRail's Reidy
By Fiona Rotherham Aug. 16 (BusinessDesk) - KiwiRail chief executive Peter Reidy says Auckland’s transport network is at “crunch point” as the city's population grows, with demand from freight and passengers increasingly at odds. Speaking at a Trans-Tasman Business Circle...
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