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NZ dollar drifts lower as investors mull US recovery; RBNZ financial stability report eyed

NZ dollar drifts lower as investors mull US recovery; RBNZ financial stability report eyed

By Paul McBeth Nov. 12 (BusinessDesk) - The New Zealand dollar drifted lower in local trading as investors mull the prospects of the US economic recovery and look ahead to tomorrow’s financial stability report from the Reserve Bank. The kiwi fell to 82.30 US cents at 5pm in W...

12 Nov 2013
Kiwi Income raised to ‘buy’ at Craigs on ‘earnings accretive’ plan to take management inhouse

Kiwi Income raised to ‘buy’ at Craigs on ‘earnings accretive’ plan to take management inhouse

Nov. 12 (BusinessDesk) – Kiwi Income Property Trust was raised to ‘buy’ by brokerage Craigs Investment Partners on expectations its plans to internalise management will lift earnings and dividends, while reducing costs. Commonwealth Bank of Australia has agreed to cede manageme...

12 Nov 2013
Vector wades in on 4G spectrum, opposes letting telcos buy more

Vector wades in on 4G spectrum, opposes letting telcos buy more

By Paul McBeth Nov. 12 (BusinessDesk) – Vector opposes antitrust approval being given to dominant mobile phone operators Telecom and Vodafone New Zealand to buy more radio spectrum set aside for fourth-generation mobile technology, saying it would lock out other potential users...

11 Nov 2013
NZ median house price rises to record in October, sales volumes dented by LVR restrictions

NZ median house price rises to record in October, sales volumes dented by LVR restrictions

11 Nov 2013
Greenies run out of gas in appealing Denniston Plateau coal mine

Greenies run out of gas in appealing Denniston Plateau coal mine

11 Nov 2013
Infratil lifts 1H dividend as Z sell-down floods coffers; pretax earnings slip

Infratil lifts 1H dividend as Z sell-down floods coffers; pretax earnings slip

11 Nov 2013
Mainfreight first-half profit jumps 51 percent on Bosman settlement, Australasia, Asian growth

Mainfreight first-half profit jumps 51 percent on Bosman settlement, Australasia, Asian growth

11 Nov 2013
NZ dollar declines in quiet trading during US holiday, focus on Fed tapering, NZ house price data

NZ dollar declines in quiet trading during US holiday, focus on Fed tapering, NZ house price data

11 Nov 2013
While you were sleeping Dow lingers near record

While you were sleeping Dow lingers near record

11 Nov 2013
English warns 2014-15 Budget surplus will be small, volatile

English warns 2014-15 Budget surplus will be small, volatile

11 Nov 2013
MARKET CLOSE NZ shares fall on Fonterra provision Kiwi Income gains, Chorus finds base

MARKET CLOSE NZ shares fall on Fonterra provision Kiwi Income gains, Chorus finds base

11 Nov 2013
NZ dollar gains as local card spending rises at fastest recorded pace

NZ dollar gains as local card spending rises at fastest recorded pace

11 Nov 2013
RESEND Fonterra takes $157M provision against value-added inventory after margin squeeze

RESEND Fonterra takes $157M provision against value-added inventory after margin squeeze

11 Nov 2013
Fonterra takes $157M against value-added inventory after margin squeeze

Fonterra takes $157M against value-added inventory after margin squeeze

11 Nov 2013
Dorchester returns to 1H profit, delays resuming dividend payment on acquisition opportunities

Dorchester returns to 1H profit, delays resuming dividend payment on acquisition opportunities

11 Nov 2013
Kiwi Income’s Ford says buying management contract won’t stretch finances

Kiwi Income’s Ford says buying management contract won’t stretch finances

11 Nov 2013
TrustPower says 2014 earnings will lag behind 2013 on investment spending, softer NZ market

TrustPower says 2014 earnings will lag behind 2013 on investment spending, softer NZ market

11 Nov 2013
Goodman Property Trust may sell $100M of bonds to diversify funding

Goodman Property Trust may sell $100M of bonds to diversify funding

10 Nov 2013
First EEZ seabed mining application heads to consent hearings

First EEZ seabed mining application heads to consent hearings

10 Nov 2013
NZ Dollar Outlook Kiwi may hold at current levels this week as investors mull outlook for tapering

NZ Dollar Outlook Kiwi may hold at current levels this week as investors mull outlook for tapering

10 Nov 2013
Bata Bullets they’re back!

Bata Bullets they’re back!

10 Nov 2013
NZ credit, debit card spending climbs 1.1 percent in October, core retail gain at decade-high

NZ credit, debit card spending climbs 1.1 percent in October, core retail gain at decade-high

10 Nov 2013
Commonwealth Bank wants $70.6 mln to cede management of Kiwi Income

Commonwealth Bank wants $70.6 mln to cede management of Kiwi Income

10 Nov 2013
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