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NZ dollar falls as speculation for Spanish bailout mounts, Australian economy stumbles

NZ dollar falls as speculation for Spanish bailout mounts, Australian economy stumbles

By Paul McBeth Sept. 26 (BusinessDesk) - The New Zealand dollar fell as investors' appetite for higher-yields was sapped amid growing speculation Spain will formally ask for a rescue package, and as Australia's economy comes under pressure with high-profile corporate failures....

26 Sep 2012
Fonterra facing fierce competition in Australian branded consumer product markets

Fonterra facing fierce competition in Australian branded consumer product markets

Sept. 26 (BusinessDesk) - Fonterra Cooperative Group's 20 percent drop in earnings across its Australia New Zealand business mainly reflects fierce competition across the Tasman for sales of branded consumer products such as yoghurt and cheese. The world’s largest exporter of d...

26 Sep 2012
Westpac sees more digital banking in the future, launches new budgeting ap

Westpac sees more digital banking in the future, launches new budgeting ap

By Paul McBeth Sept. 26 (BusinessDesk) - Westpac Banking Corp, New Zealand's second-biggest bank by assets, is continuing its push toward digital technology, where it sees more services will be delivered, and has launched a free budgeting application for smart mobile phones. T...

26 Sep 2012