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NZ dollar falls after Fed's Yellen stokes rate hike speculation, ECB decision looms

NZ dollar falls after Fed's Yellen stokes rate hike speculation, ECB decision looms

By Paul McBeth Dec. 3 (BusinessDesk) - The New Zealand dollar fell after Federal Reserve chair Janet Yellen kept alive expectations for a rate hike this month, saying she was confident about the outlook for the world's biggest economy.  The kiwi traded at 66.47 US cents, do...

Paul McBeth 03 Dec 2015
Enviro Waste fined $450,000 for attempting to fix prices with competitor

Enviro Waste fined $450,000 for attempting to fix prices with competitor

By Edwin Mitson Dec. 3 (BusinessDesk) - Enviro Waste Services has been fined $425,000 by the High Court in Auckland after a branch manager in Nelson tried to strike a deal on prices with a rival. The Commerce Commission started investigating Bens Oil, a division of Enviro W...

Edwin Mitson 03 Dec 2015
MBIE interested in testing migrant investors' benefit to the economy

MBIE interested in testing migrant investors' benefit to the economy

By Paul McBeth Dec. 3 (BusinessDesk) - The Ministry of Business, Innovation and Employment is keen on better understanding the boon that investor-category migrants provide the country, an area it doesn't yet measure beyond gauging the minimum entry requirements.  Deputy chi...

Paul McBeth 03 Dec 2015