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NZ dollar gains as Wheeler signals end to stimulus as housing heat spreads

NZ dollar gains as Wheeler signals end to stimulus as housing heat spreads

By Jonathan Underhill July 25 (BusinessDesk) – The New Zealand dollar gained after the Reserve Bank said it will need to remove monetary stimulus as heat in the housing and construction sector spills over into the broader economy and stokes inflation. The kiwi dollar climbed t...

24 Jul 2013
Fonterra 2013 earnings to lag forecasts over NZ drought, Australian competition

Fonterra 2013 earnings to lag forecasts over NZ drought, Australian competition

By Tina Morrison July 25 (BusinessDesk) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, said earnings would miss its forecast by about 7.3 percent because of the drought in New Zealand and intense competition in Australia. Earnings before interest...

24 Jul 2013
RBNZ keeps OCR at 2.5 percent, will mull hikes if housing, construction spurs wider inflation

RBNZ keeps OCR at 2.5 percent, will mull hikes if housing, construction spurs wider inflation

By Paul McBeth July 25 (BusinessDesk) - Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.5 percent as consumer price increases remain muted, though he will mull a hike if the momentum in housing and construction spur broader inflation. “The extent of the...

24 Jul 2013
NZ dollar weakens on greenback demand before RBNZ interest rate decision

NZ dollar weakens on greenback demand before RBNZ interest rate decision

24 Jul 2013
While you were sleeping Dow slips from record

While you were sleeping Dow slips from record

24 Jul 2013
RESEND NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

RESEND NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

24 Jul 2013
Heartland signals boardroom tweaks to meet RBNZ guidelines

Heartland signals boardroom tweaks to meet RBNZ guidelines

24 Jul 2013
MARKET CLOSE NZ shares rise, Ryman, Ebos reach records; Diligent falls

MARKET CLOSE NZ shares rise, Ryman, Ebos reach records; Diligent falls

24 Jul 2013
NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

NZ dollar falls on weaker Chinese manufacturing, faster Aust inflation; RBNZ looms

24 Jul 2013
NZ dollar drops after weaker Chinese manufacturing, higher Australian inflation

NZ dollar drops after weaker Chinese manufacturing, higher Australian inflation

24 Jul 2013
Credit Suisse fund sees insurance losses ‘well below’ US$1 bln from Wellington quake

Credit Suisse fund sees insurance losses ‘well below’ US$1 bln from Wellington quake

24 Jul 2013
Infratil seeks fourth annual increase in fee pool for board

Infratil seeks fourth annual increase in fee pool for board

23 Jul 2013
NZ unexpectedly posts June trade surplus of $414M as oil imports slide faster than dairy exports

NZ unexpectedly posts June trade surplus of $414M as oil imports slide faster than dairy exports

23 Jul 2013
Kiwi Income manager mulls Commonwealth Bank proposal to internalise contract

Kiwi Income manager mulls Commonwealth Bank proposal to internalise contract

23 Jul 2013
Henry dismisses FMA claim over Diligent share trades as having ‘no merit’

Henry dismisses FMA claim over Diligent share trades as having ‘no merit’

23 Jul 2013
FMA files civil proceeding against Brian Henry over market manipulation of Diligent shares

FMA files civil proceeding against Brian Henry over market manipulation of Diligent shares

23 Jul 2013
Drought hits Q4 MightyRiver production, as forecast

Drought hits Q4 MightyRiver production, as forecast

23 Jul 2013
New Zealand consumers more cautious about credit, keen to save, survey says

New Zealand consumers more cautious about credit, keen to save, survey says

23 Jul 2013
Wellington quake unlikely to feed higher reinsurance costs, insurers say

Wellington quake unlikely to feed higher reinsurance costs, insurers say

23 Jul 2013
NZ dollar little changed ahead of central bank cash rate review tomorrow

NZ dollar little changed ahead of central bank cash rate review tomorrow

23 Jul 2013
While you were sleeping Earnings fuel Dow record

While you were sleeping Earnings fuel Dow record

23 Jul 2013
MARKET CLOSE NZ shares rise on demand for ‘growth’ stories; Synlait soars

MARKET CLOSE NZ shares rise on demand for ‘growth’ stories; Synlait soars

23 Jul 2013
CORRECT Govt dangles half million dollar R and D tax concessions

CORRECT Govt dangles half million dollar R and D tax concessions

23 Jul 2013
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