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NZ dollar little changed as US woes overshadow improving business confidence
By Paul McBeth Oct. 8 (BusinessDesk) - The New Zealand dollar was little changed as the stalemate among US legislators threatens to bring on a possible default by the world’s biggest economy, overshadowing upbeat business confidence surveys on both sides of the Tasman. The ki...
Motor Trade Finance plans to appeal High Court ruling that loan contracts were unreasonable
By Tina Morrison Oct. 8 (BusinessDesk) – Motor Trade Finance, which has a lending book of about $460 million, said it intends to appeal a High Court judgement that some fees in its loan contracts were unreasonable. “Motor Trade Finance is disappointed with the decision that som...
Insured Group shares suspended from trading after again failing to deliver annual report
By Tina Morrison Oct. 8 (BusinessDesk) – Insured Group, whose shares last changed hands more than five months ago, was suspended from trading on the New Zealand stock exchange for failing to provide its annual report on time. The Australian insurer used the shell of failed fina...
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