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NZ dollar dips below 79 US cts as investors turn back on South Pacific
By Paul McBeth June 6 (BusinessDesk) - The New Zealand dollar touched below 79 US cents for the first time since July last year as investors continued to spurn the trans-Tasman currencies with US employment figures on Friday set to firm up views on whether the Federal Reserve wi...
NZ economy based on ‘harvesting water’ funds first world aspirations, AG report says
By Jonathan Underhill June 6 (BusinessDesk) – New Zealand is essentially an economy driven by the ability to “harvest water” through milk, agricultural and forest production yet kiwis expect the social and political structures of a developed country, according to research funde...
Wynyard seeks up to $70M in NZX listing to buy IP from Jade, fund growth
By Paul McBeth June 6 (BusinessDesk) - Wynayrd Group, the security software maker spun off from Jade Software, wants to raise up to $70 million in a listing on the stock exchange next month to take control of its intellectual property and fund its growth aspirations. The Auck...