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Minister Guy officially declares North Island as dry

Minister Guy officially declares North Island as dry

By Paul McBeth March 15 (BusinessDesk) - Primary Industries Minister Nathan Guy has officially declared the a drought to be across the whole of the North Island, opening up access to welfare for farmers stricken by the arid conditions. The extension to the declaration means th...

14 Mar 2013
NZ dollar claws back some of RBNZ-induced slide, falls vs. pound

NZ dollar claws back some of RBNZ-induced slide, falls vs. pound

March 15 (BusinessDesk) – The New Zealand dollar clawed back some of yesterday’s central bank-induced slide ahead of manufacturing data today while falling against the pound as some traders deemed Britain’s currency oversold. The kiwi dollar rose to 82.12 US cents from 81.78 ce...

14 Mar 2013
While you were sleeping Jobs data bolster record streak

While you were sleeping Jobs data bolster record streak

By Margreet Dietz March 15 (BusinessDesk) - Wall Street advanced, pushing the Dow Jones Industrial Average to another record, as jobless claims posted a surprise drop last week, offering the latest clue that the labour market is gathering strength along with the rest of the econ...

14 Mar 2013
Expat US high-tech leader comes home to head Callaghan Innovation

Expat US high-tech leader comes home to head Callaghan Innovation

14 Mar 2013
MARKET CLOSE NZ shares rise; F and P Healthcare gains as kiwi falls, Xero at record again

MARKET CLOSE NZ shares rise; F and P Healthcare gains as kiwi falls, Xero at record again

14 Mar 2013
NZ dollar sinks after RBNZ's veiled threat to cut rates, drops against Aust dollar on jobs data

NZ dollar sinks after RBNZ's veiled threat to cut rates, drops against Aust dollar on jobs data

14 Mar 2013
RBNZ's new tool kit won't be able to stop rampant Auckland housing market

RBNZ's new tool kit won't be able to stop rampant Auckland housing market

14 Mar 2013
Solid Energy debt expansion was all its own work, say its former leaders

Solid Energy debt expansion was all its own work, say its former leaders

14 Mar 2013
NZ dollar extends slide vs. Australian dollar as jobs data dents rate cut prospects

NZ dollar extends slide vs. Australian dollar as jobs data dents rate cut prospects

14 Mar 2013
RBNZ’s Wheeler jolts markets with reminder OCR cut still possible, sending kiwi, swap rates lower

RBNZ’s Wheeler jolts markets with reminder OCR cut still possible, sending kiwi, swap rates lower

13 Mar 2013
NZ dollar tumbles after dovish MPS, hint at policy response to high currency

NZ dollar tumbles after dovish MPS, hint at policy response to high currency

13 Mar 2013
NZ dollar tumbles after dovish MPS, hint at policy response to high currency

NZ dollar tumbles after dovish MPS, hint at policy response to high currency

13 Mar 2013
Sharp drop in kiwi dollar will need monetary policy response, RBNZ says

Sharp drop in kiwi dollar will need monetary policy response, RBNZ says

13 Mar 2013
RBNZ's Wheeler says OCR to stay unchanged this year amid uneven recovery

RBNZ's Wheeler says OCR to stay unchanged this year amid uneven recovery

13 Mar 2013
NZ drought, livestock slaughter to weigh on agriculture, RBNZ says

NZ drought, livestock slaughter to weigh on agriculture, RBNZ says

13 Mar 2013
While you were sleeping US consumer flexes muscle

While you were sleeping US consumer flexes muscle

13 Mar 2013
MARKET CLOSE NZ shares fall as Telecom, Auckland Airport shed dividends

MARKET CLOSE NZ shares fall as Telecom, Auckland Airport shed dividends

13 Mar 2013
Big dry hits smelter production

Big dry hits smelter production

13 Mar 2013
NZ dollar falls below 80 Australian cents as drought weighs, RBNZ looms

NZ dollar falls below 80 Australian cents as drought weighs, RBNZ looms

13 Mar 2013
Telecom to lay off 120 staff from Gen-i Australia as overhaul begins

Telecom to lay off 120 staff from Gen-i Australia as overhaul begins

12 Mar 2013
NZ food prices fall in February on cheaper fruit and veg, meat

NZ food prices fall in February on cheaper fruit and veg, meat

12 Mar 2013
Herbert receiverships wind up with $595k shortfall to secured creditor ASB

Herbert receiverships wind up with $595k shortfall to secured creditor ASB

12 Mar 2013
NZ dollar little changed as Wall Street rally falters, drought concerns weigh

NZ dollar little changed as Wall Street rally falters, drought concerns weigh

12 Mar 2013
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