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NZ dollar not expected to reach parity with Aussie this year, BusinessDesk poll shows
By Tina Morrison Jan. 30 (BusinessDesk) – The New Zealand dollar, which touched an eight-year high against its Australian counterpart this month, is not expected to climb to parity in 2014 as a strong local currency dents exports and Australia’s economy picks up following the e...
Diligent turns up another accounting headache
Jan. 30 (BusinessDesk) - Diligent Board Member Services, the governance software developer, has discovered another accounting hiccup, misclassifying a note receivable from a related entity and will have to further tweak its books. The New York-based and NZX-listed company reco...
Methven shares drop as earnings growth stalls
By Suze Metherell Jan. 30 (BusinessDesk) – Shares in Methven fell after the tap-maker and distributer said annual profit growth won’t be as big as earlier hoped, with slower trading in December and January. The shares dropped 4.9 percent to $1.35, and have declined 10 percent...
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