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NZ dollar little changed near 73 US cts as traders question Fed's rate track
By Paul McBeth Aug. 19 (BusinessDesk) - The New Zealand dollar was little changed near 73 US cents after the minutes of the Federal Reserve's The kiwi traded at 72.91 US cents at 8am in Wellington from 72.88 cents yesterday. The trade-weighted index was almost unchanged at...

Permanent independent hearings panel proposed for all urban planning
By Pattrick Smellie Aug. 19 (BusinessDesk) - The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. The commission has published the interi...

While you were sleeping: Oil climbs above US$50
By Margreet Dietz Aug. 19 (BusinessDesk) - US Treasuries gained, as did the price of oil, while the greenback weakened, amid renewed bets that the Federal Reserve might hold off raising interest rates this year. Wall Street was mixed, trading near record highs. Minutes...