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NZ dollar gains vs Aussie as Australian economy sheds jobs for second month
By Jonathan Underhill Oct. 20 (BusinessDesk) - The New Zealand dollar rose against its Australian counterpart after figures showed continued weakness in the jobs market across the Tasman, raising concerns about the relative performance of that economy. The kiwi rose to 94.3...
$8.3mn Ponzi may have hundreds of victims: SFO
By Edwin Mitson Oct. 20 (BusinessDesk) - A man has appeared in Christchurch District Court accused of obtaining $8.3 million in a Ponzi scheme that prosecutors say may have caught out hundreds of people. The Serious Fraud Office says Jimmie McNicholl has been charged with o...
Sky TV's Fellet tells shareholders submissions against merger 'misleading and inaccurate'
By Fiona Rotherham Oct. 20 (BusinessDesk) - Sky Network Television chief executive John Fellet has hit out at submissions opposing the pay-television broadcaster’s planned $3.44 billion merger with Vodafone, describing them as “unified by their predictability and misleading an...
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