All News
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...
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...
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...