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Katherine Rich stands firm against calls to resign
By Fiona Rotherham Sept. 11 (BusinessDesk) - Former National MP Katherine Rich is standing firm against calls for her to resign from the government-funded Health Promotion Agency board. The call came from a group of senior health researchers who want Rich investigated over...
Beer barons cry poor as sales slacken in three-way market
By Jonathan Underhill Sept. 10 (BusinessDesk) - Financial results from the three brewers that control 90 percent of New Zealand's beer market show continued erosion in demand and margins for mainstream beers, even as the retail value of sales rises. Lion, which has 46 perce...
NZ dollar falls below 82 US cts after RBNZ's Wheeler says strength still 'unjustified'
By Tina Morrison Sept. 11 (BusinessDesk) - The New Zealand dollar dipped below 82 US cents for the first time in more than seven months after Reserve Bank governor Graeme Wheeler reiterated the local currency's strength remains "unjustified and unsustainable", invoking languag...
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