All News

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...

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...

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...