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NZ dollar heading for a 3% weekly fall on North Korean worries, weak data
By Rebecca Howard Aug. 11 (BusinessDesk) - The New Zealand dollar is heading toward a 3 percent weekly fall against the greenback as rising geopolitical tensions continued to crimp risk appetite and weak domestic data continues to weigh. The kiwi traded at 72.73 US cents a...

Labour will need more than 'Jacinda Trudeau' to change the govt: Gareth Morgan
By Pattrick Smellie Aug. 11 (BusinessDesk) - The Labour Party can only hope to change the government if its policies attract the same pick-up in support as its new Jacinda Ardern has done in last week, the leader of The Opportunities Party, Gareth Morgan, said at the party's o...

Auckland transport investment faces $5.9 billion funding shortfall
By Rebecca Howard Aug. 11 (BusinessDesk) - An updated project aimed at understanding Auckland's transport investment needs over the next decade has identified a $5.9 billion funding shortfall to be sourced from the government, council and private sector. Transport Minister...