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NZ dollar climbs near 18-month high vs. Aussie as trans-Tasman fortunes turn

NZ dollar climbs near 18-month high vs. Aussie as trans-Tasman fortunes turn

By Paul McBeth Feb. 1 (BusinessDesk) - The New Zealand dollar climbed near an 18-month high against its Australian counterpart as the fortunes for the neighbours pall, while looking rosier on this side of the Tasman. The kiwi climbed as high as 80.93 Australian cents, the high...

01 Feb 2013
Meridian suffers low South Island wholesale prices in Dec quarter

Meridian suffers low South Island wholesale prices in Dec quarter

By Pattrick Smellie Feb. 1 (BusinessDesk) - Meridian Energy achieved barely half the average price for wholesale electricity as its Auckland-based competitor, MightyRiverPower, the state-owned power company's update for the December quarter shows. The average price per Megawatt...

01 Feb 2013
Callaghan Institute kicks off high-tech push

Callaghan Institute kicks off high-tech push

Feb. 1 (BusinessDesk) - The government has launched the cornerstone of its policy to encourage new, high value, high-tech products and services across science, engineering, design and technology disciplines. To be known as Callaghan Innovation, the institution brings together t...

01 Feb 2013