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MARKET CLOSE: NZ shares fall; ANZ, Westpac, A2 drop with ASX selloff; Trade Me gains

MARKET CLOSE: NZ shares fall; ANZ, Westpac, A2 drop with ASX selloff; Trade Me gains

By Sophie Boot Dec. 10 (BusinessDesk) - New Zealand shares fell, led by Australia & New Zealand Banking Group, Westpac Banking Corp and companies exposed to the Australian economy, as that nation's benchmark index sank to a month-low. The S&P/NZX 50 Index dropped 12.98 poin...

Sophie Boot 10 Dec 2015
NZ dollar gains after RBNZ signals end of cutting cycle

NZ dollar gains after RBNZ signals end of cutting cycle

By Paul McBeth Dec. 10 (BusinessDesk) - The New Zealand dollar gained after the Reserve Bank signalled an end to its current round of rate cuts, having previously left the door open if the currency remained too high.  The kiwi rose to 67.38 cents at 5pm in Wellington from 6...

Paul McBeth 10 Dec 2015
Reserve Bank's flat OCR outlook keeps swaps unchanged as kiwi climbs

Reserve Bank's flat OCR outlook keeps swaps unchanged as kiwi climbs

By Paul McBeth Dec. 10 (BusinessDesk) - New Zealand swap rates were largely unchanged, while the kiwi dollar jumped as much as 1 US cent after the Reserve Bank put the brakes on future interest rate cuts and signalled a three-year pause.  The central bank cut the key rate a...

Paul McBeth 10 Dec 2015
Auckland home sales hit 4-year low in November

Auckland home sales hit 4-year low in November

Edwin Mitson 10 Dec 2015
Govt and Labour/Greens in pre-Xmas holding pattern: poll

Govt and Labour/Greens in pre-Xmas holding pattern: poll

Pattrick Smellie 10 Dec 2015
NZ local govt assets to grow faster than debt, revenue in next decade

NZ local govt assets to grow faster than debt, revenue in next decade

Jonathan Underhill 10 Dec 2015
NZ retail spending on debit, credit cards picks up in November

NZ retail spending on debit, credit cards picks up in November

Tina Morrison 10 Dec 2015
Strong El Nino conditions this summer could cut GDP by up to 0.8%, RBNZ says

Strong El Nino conditions this summer could cut GDP by up to 0.8%, RBNZ says

Fiona Rotherham 10 Dec 2015
UPDATE: RBNZ misses opportunity to lean on kiwi in closing door to more cuts

UPDATE: RBNZ misses opportunity to lean on kiwi in closing door to more cuts

Paul McBeth 09 Dec 2015
Shell head office raises prospect of full exit from NZ

Shell head office raises prospect of full exit from NZ

Pattrick Smellie 09 Dec 2015
VMob first-half loss widens as costs offset surging sales, more fundraising looms

VMob first-half loss widens as costs offset surging sales, more fundraising looms

Sophie Boot 09 Dec 2015
UPDATE: Fonterra holding steady on forecast milk price no surprise to market and farmers

UPDATE: Fonterra holding steady on forecast milk price no surprise to market and farmers

Fiona Rotherham 09 Dec 2015
Takeovers Panel seeks to prevent bidders from skirting rules through 'side deals'

Takeovers Panel seeks to prevent bidders from skirting rules through 'side deals'

Tina Morrison 09 Dec 2015
A quarter of Kiwis worry that financial advisers would push products to reap fees, survey shows

A quarter of Kiwis worry that financial advisers would push products to reap fees, survey shows

Jonathan Underhill 09 Dec 2015
RBNZ cuts OCR to 2.5%, softens wording about further cuts; kiwi jumps

RBNZ cuts OCR to 2.5%, softens wording about further cuts; kiwi jumps

Paul McBeth 09 Dec 2015
Fonterra keeps 2015/16 payout forecast unchanged, sees global prices improving

Fonterra keeps 2015/16 payout forecast unchanged, sees global prices improving

Fiona Rotherham 09 Dec 2015
NZ dollar holds steady as traders await RBNZ decision, Fonterra announcement

NZ dollar holds steady as traders await RBNZ decision, Fonterra announcement

Tina Morrison 09 Dec 2015
While you were sleeping: Deal talk checks losses

While you were sleeping: Deal talk checks losses

Margreet Dietz 09 Dec 2015
MARKET CLOSE: NZ shares rise led by Xero, Spark; property stocks advance on rate cut prospect

MARKET CLOSE: NZ shares rise led by Xero, Spark; property stocks advance on rate cut prospect

Sophie Boot 09 Dec 2015
Finance Minister English says government lacks 'tailwind of inflation' to drive big surpluses

Finance Minister English says government lacks 'tailwind of inflation' to drive big surpluses

Jonathan Underhill 09 Dec 2015
NZ dollar treading water ahead of RBNZ review, Fonterra update

NZ dollar treading water ahead of RBNZ review, Fonterra update

Paul McBeth 09 Dec 2015
UPDATE: Serco's contract for Mt Eden prison didn't keep pace with changes in muster

UPDATE: Serco's contract for Mt Eden prison didn't keep pace with changes in muster

Pattrick Smellie 09 Dec 2015
Dairy company Miraka offers 20 cent bonus to suppliers under farming excellence scheme

Dairy company Miraka offers 20 cent bonus to suppliers under farming excellence scheme

Fiona Rotherham 09 Dec 2015
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