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NZ Dollar Outlook Kiwi at the whim of US gyrations this week as investors weigh interest rate track
By Tina Morrison April 14 (BusinessDesk) – The New Zealand dollar may be at the whim of the US dollar this week as a plethora of Federal Reserve officials discuss their views and a range of economic reports provide an insight into how the world’s largest economy is tracking. Th...
Goodman Property builds three new developments for $44.4 million
By Suze Metherell April 14 (BusinessDesk) – Goodman, the manager of Goodman Property Trust, said it plans to spend $44.4 million developing three new industrial properties. The developments, which will add 28, 430 square meters of industrial space to its portfolio, will be fun...
NZ services sector activity rebounds in March to near a 7-year high
By Suze Metherell April 14 (BusinessDesk) – New Zealand services sector activity, which accounts for about two thirds of the economy, rebounded in March to reach 2007 levels, after a drop off in February. The BNZ-BusinessNZ performance of services index rose to a seasonally ad...