All News

Wool Equities in talks with Primary Wool Cooperative about uniting

Wool Equities in talks with Primary Wool Cooperative about uniting

Dec. 12 (BusinessDesk) – Wool Equities, the South Island based company which markets and manufactures wool for its grower shareholders, is in talks with North Island-based farmer-owned Primary Wool Cooperative about the benefits of uniting. The nation’s largest wool cooperative...

11 Dec 2013
NZ house sales slow in November as LVR restrictions seemingly bite, REINZ says

NZ house sales slow in November as LVR restrictions seemingly bite, REINZ says

By Paul McBeth Dec. 12 (BusinessDesk) - New Zealand’s house sale numbers unexpected fell in November from a year earlier as the Reserve Bank’s restrictions on low equity lending appear to have snuffled out some buyers seeking cheaper properties. The number of houses sold in N...

11 Dec 2013
UPDATED Wheeler gives clear signal OCR is set to rise as economy gathers momentum

UPDATED Wheeler gives clear signal OCR is set to rise as economy gathers momentum

(Recasts, adding investor comment, updates market reaction) By Paul McBeth Dec. 12 (BusinessDesk) – Reserve Bank governor Graeme Wheeler says “considerable momentum” in the New Zealand economy means record low interest rates are no longer appropriate in the face of inflation p...

11 Dec 2013