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NZ dollar edges lower after Fonterra cuts 2013 forecast

NZ dollar edges lower after Fonterra cuts 2013 forecast

By Paul McBeth Aug. 28 (BusinessDesk) - The New Zealand dollar slipped after local dairy exporter Fonterra Cooperative Group cut its 2013 forecast payout to farmers, citing falling commodity prices and a strong currency. The kiwi fell to 80.71 US cents at 5pm in Wellington fro...

28 Aug 2012
Christchurch building consents top $1 billion in first half of 2012 Stats NZ

Christchurch building consents top $1 billion in first half of 2012 Stats NZ

By Hannah Lynch Aug 28 (BusinessDesk) - The value of building consents approved in Canterbury reached $1 billion dollars, quickly approaching the $1.2 billion consented for all of last year, says Statistics New Zealand. Some $404 million was for non-residential building work a...

28 Aug 2012
Huhtamaki spends $6.3M laying off staff at scuttled New Lynn plant

Huhtamaki spends $6.3M laying off staff at scuttled New Lynn plant

By Paul McBeth Aug. 28 (BusinessDesk) - Finnish packaging company Huhtamaki Oyj spent $6.3 million on terminating staff at its loss-making plant in Auckland's New Lynn which it shut down last month. Huhtamaki New Zealand, the holding company for the New Lynn business, made a l...

28 Aug 2012
A2 nabs bigger share of Australian supermarkets, opens Sydney facility

A2 nabs bigger share of Australian supermarkets, opens Sydney facility

28 Aug 2012
Civil aviation charges rising to resource loss-making safety service

Civil aviation charges rising to resource loss-making safety service

28 Aug 2012
Just Water lifts profit while slowing pace of customer loss

Just Water lifts profit while slowing pace of customer loss

28 Aug 2012
Cavalier's CFO Tan retires after 28 years

Cavalier's CFO Tan retires after 28 years

28 Aug 2012
TeamTalk lifts annual profit 15.9 percent as broadband operations shine

TeamTalk lifts annual profit 15.9 percent as broadband operations shine

28 Aug 2012
Bathurst hopes to be mining Escarpment by next July

Bathurst hopes to be mining Escarpment by next July

28 Aug 2012
Fonterra cuts forecast 2013 payment to farmers by 30 cents, citing strong kiwi

Fonterra cuts forecast 2013 payment to farmers by 30 cents, citing strong kiwi

28 Aug 2012
Heartland focuses on high-margin auto-loans, rural, SMEs as national credit growth stays subdued

Heartland focuses on high-margin auto-loans, rural, SMEs as national credit growth stays subdued

28 Aug 2012
Goodman Fielder to sell Integro unit for A$170M to GrainCorp consortium

Goodman Fielder to sell Integro unit for A$170M to GrainCorp consortium

28 Aug 2012
NZ Takeovers Panel wants disclosure of long equity derivative positions

NZ Takeovers Panel wants disclosure of long equity derivative positions

28 Aug 2012
NZ Windfarms takes $31.7M impairment charge, resulting in wider FY loss

NZ Windfarms takes $31.7M impairment charge, resulting in wider FY loss

27 Aug 2012
Diligent note receivable paid in full by Service Share Holding

Diligent note receivable paid in full by Service Share Holding

27 Aug 2012
NZ dollar holds in recent range ahead of Jackson Hole

NZ dollar holds in recent range ahead of Jackson Hole

27 Aug 2012
Vmob backdoor listing lends credibility as voucher app vendor seeks rapid Asian expansion

Vmob backdoor listing lends credibility as voucher app vendor seeks rapid Asian expansion

27 Aug 2012
While you were sleeping Germany, France talking again

While you were sleeping Germany, France talking again

27 Aug 2012
MARKET CLOSE NZ shares rise after Chorus posts maiden profit, Xero falls

MARKET CLOSE NZ shares rise after Chorus posts maiden profit, Xero falls

27 Aug 2012
Key hanging tough on pre-Christmas asset sales

Key hanging tough on pre-Christmas asset sales

27 Aug 2012
NZ dollar holds above 81 US cts as markets look toward Jackson Hole summit

NZ dollar holds above 81 US cts as markets look toward Jackson Hole summit

27 Aug 2012
FMA’s Hughes sees benefits of single markets regulator across NZ and Australia

FMA’s Hughes sees benefits of single markets regulator across NZ and Australia

27 Aug 2012
Warehouse to get pretax gain of up to $64 million from sale, leaseback of properties

Warehouse to get pretax gain of up to $64 million from sale, leaseback of properties

27 Aug 2012
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