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Auckland Transport manager admits taking bribes, gratuities for tenders, contracts
By Jonathan Underhill Aug. 3 (BusinessDesk) - A former employee of Auckland Transport and Rodney District Council has pleaded guilty to two representative charges of accepting undisclosed payments totalling $103,580 while he was in roles that involved letting of contracts and...
Constructive RBNZ, media relationship not worth the risk and cost of lock-ups
By Paul McBeth Aug. 3 (BusinessDesk) - The Reserve Bank will end lock-ups for journalists and market analysts permanently after deciding the costs to police embargoes and the risk of another breach outweighed the benefits of having a positive relationship with the media or all...
NZX cash market trading falls 5.6% in July from year earlier; stock trading falls, debt rises
By Jonathan Underhill Aug. 3 (BusinessDesk) - NZX cash market trading volumes fell in July, led by a drop in equities, although a 6.5 percent gain in the S&P/NZX 50 Index meant the value of trading was still higher than in the year-earlier month. Total trades last month fel...
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