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A2 shares slump 11% as investors call time on stellar run

A2 shares slump 11% as investors call time on stellar run

By Paul McBeth Nov. 1 (BusinessDesk) - A2 Milk Co shares slumped 11 percent as investors cashed in on a stellar run in the stock which had been up more than 300 percent this year.  The shares dropped 92 cents to $7.75 as at 2.15pm having peaked with a record close $8.75 on...

Paul McBeth 01 Nov 2017
Government's pay-equity focus may fuel wage inflation after third-quarter spike

Government's pay-equity focus may fuel wage inflation after third-quarter spike

By Rebecca Howard Nov. 1 (BusinessDesk) -  A $2 billion pay equity settlement pushed up wage inflation in the September quarter and pay pressure may continue to accelerate because the new government plans to dump a bill that would have stymied similar deals. The previous Na...

Rebecca Howard 01 Nov 2017
Electricity regulator sees long future for Tiwai Point smelter, power crossing Tasman

Electricity regulator sees long future for Tiwai Point smelter, power crossing Tasman

By Pattrick Smellie Nov. 1 (BusinessDesk) - New Zealand's abundant renewable electricity may be the saviour of the Tiwai Point aluminium smelter, attract energy-intensive industries to New Zealand and eventually see electricity exported across the Tasman Sea to Australia, the...

Pattrick Smellie 01 Nov 2017