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NZ dollar heads for 1.5 percent weekly gain on prospect of rate hikes
By Paul McBeth Sept. 13 (BusinessDesk) - The New Zealand dollar is heading for a 1.4 percent weekly gain after the Reserve Bank yesterday said it will probably start hiking rates next year, though the prospect of the US Federal Reserve unwinding its money printing programme may...
NZ consumer confidence slips in September, mood remains buoyant
By Tina Morrison Sept. 13 (BusinessDesk) – New Zealand consumer confidence slipped this month although the mood remains buoyant. The ANZ-Roy Morgan consumer confidence index dipped to 119 in September from 123 in August. The current conditions index fell 6 points to 116 while...
Central Plains irrigation scheme seeks $43M in capital-raising
By Pattrick Smellie Sept. 13 (BusinessDesk) – The $145 million dollar first stage of a major South Canterbury irrigation scheme, Central Plains Water, has taken a big step forward with farmers in the catchment being offered shares in a private capital-raising of up to $45 milli...
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