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No point in NZ trying to drop strong kiwi dollar English

No point in NZ trying to drop strong kiwi dollar English

By Pattrick Smellie Sept. 20 (BusinessDesk) - Finance Minister Bill English has no truck with mounting calls for intervention by the Reserve Bank of New Zealand to bring down the high value of the New Zealand dollar. Speaking to news media after the release of the new Policy Ta...

01 Jan 2012
SFO charges ex-Sutton Group employees with attempting to defraud dairy group

SFO charges ex-Sutton Group employees with attempting to defraud dairy group

By Paul McBeth Sept. 25 (BusinessDesk) - The Serious Fraud Office has laid 33 charges in the Auckland District Court against two former employees of dairy producer Sutton Group it says were trying to defraud the Auckland-based company. Paul Normington and Jin Weifing joint fac...

01 Jan 2012
NZ building consents fall 1.5 percent  in October; Canterbury permits rise

NZ building consents fall 1.5 percent in October; Canterbury permits rise

Nov. 30 (BusinessDesk) - New Zealand building consents fell 1.5 percent in October, snapping four monthly gains, with Canterbury and apartments underpinning new permits and issuance up markedly on the previous year. The number of new dwellings consented fell to a seasonally adju...

01 Jan 2012