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Unlisted sees renewed interest in market after ministerial exemption gives certainty
By Tina Morrison Oct. 22 (BusinessDesk) - Unlisted, the share trading platform, is seeing renewed interest in its service after Commerce Minister Paul Goldsmith decided in August to grant it an exemption from the licensing requirements of the Financial Markets Conduct Act....
Australia's response to financial system inquiry, making banks hold more capital, could drive up NZ interest rates
By Jonathan Underhill Oct. 22 (BusinessDesk) - The Australian government's response to the financial system inquiry could drive up interest rates at New Zealand's biggest lenders as their Australian parent banks seek higher returns because of the requirement that they hold mor...
Employment Court wrong to recognise public holidays, smelter lawyer says
By Suze Metherell Oct. 22 (BusinessDesk) - New Zealand Aluminium Smelters and its workers have returned to court in their long-running dispute over how holidays are calculated and recognised. The smelter owner's calculation of employee holidays when workers moved from an ei...
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