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Regulator seeks industry views on Chorus line price, suggests speedier process, backdating final price
Dec. 6 (BusinessDesk) – The Commerce Commission is consulting with the telecommunications industry over what price Chorus can charge rivals to access its copper telephone lines, suggesting a review process could be accelerated and the final price backdated. The Commerce Commiss...
RBNZ commitment to inflation target crucial for believable guidance, Bascand says
By Paul McBeth Dec. 6 (BusinessDesk) - The Reserve Bank’s inflation target is crucial if it wants the private sector to believe its projected interest rate path, and means the monetary authority needs consistent communications, deputy governor Geoff Bascand says. The central...
While you were sleeping Strong US GDP, jobs
By Margreet Dietz Dec 6 (BusinessDesk) – US stocks and bonds fell after reports showing the American economy grew faster than initially estimated during the third quarter, while weekly jobless claims unexpectedly dropped, putting investors on notice the Federal Reserve might cha...
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