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NZ rich get richer in NBR Rich List led by Hart; Drury’s wealth grows fastest

NZ rich get richer in NBR Rich List led by Hart; Drury’s wealth grows fastest

July 25 (BusinessDesk) – New Zealand’s wealthiest added $3.5 billion to their worth in the latest NBR Rich List, with packaging baron Graeme Hart on top and Xero founder Rod Drury achieving the fastest growing fortune. The combined worth of those included in the 2013 list reac...

25 Jul 2013
Fonterra Fund slides 3.7 percent as dairy exporter’s 2013 earnings lag forecasts

Fonterra Fund slides 3.7 percent as dairy exporter’s 2013 earnings lag forecasts

By Tina Morrison July 25 (BusinessDesk) – Fonterra Cooperative Group, the world’s largest exporter of dairy products, said this year’s earnings will miss forecast by about 7.3 percent, spurring a sell-off in the company’s listed fund. Units in the Fonterra Shareholders’ Fund...

25 Jul 2013
NZ Oil and Gas cedes promising Kakapo permit after failing to attract farm-in partner

NZ Oil and Gas cedes promising Kakapo permit after failing to attract farm-in partner

July 25 (BusinessDesk) – New Zealand Oil & Gas, the nation’s biggest listed energy explorer, has ceded its Kakapo permit off the South Taranaki after failing to find a partner to share costs of a prospect it says could be several times bigger than the Tui or Maari fields. NZOG...

24 Jul 2013
RBNZ zeroes in on threat of housing, construction fuelling inflation

RBNZ zeroes in on threat of housing, construction fuelling inflation

24 Jul 2013
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

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

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

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
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