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BusinessDesk
Independent, Trustworthy New Zealand Business News
The Wellington-based BusinessDesk team provides a daily news feed for a serious business audience.
BusinessDesk - Latest News [Page 1229]
DNZ Property Fund increases occupancy rate to 99.2 percent
Monday, 21 January 2013, 1:58 pm | BusinessDesk
Jan. 21 (BusinessDesk) - DNZ Property Fund has increased the occupancy rate in its portfolio of 47 buildings to 99.2 percent. More >>
Privatisation candidate drops power prices 1.4 percent
Monday, 21 January 2013, 1:57 pm | BusinessDesk
Jan 21 (BusinessDesk) - Mercury Energy, the electricity retailer owned by partial privatisation candidate MightyRiverPower, has announced its first across the board price cuts in a decade. More >>
DNZ Property Fund increases occupancy rate to 99.2 percent
Monday, 21 January 2013, 1:54 pm | BusinessDesk
Jan. 21 (BusinessDesk) – DNZ Property Fund has increased the occupancy rate in its portfolio of 47 buildings to 99.2 percent. More >>
World Week Ahead: US tech earnings in focus
Monday, 21 January 2013, 9:43 am | BusinessDesk
Jan 21 (BusinessDesk) – US corporate earnings will take centre stage with Apple, Microsoft, IBM and Google among those scheduled to release in the coming days. More >>
NZ dollar starts the week quietly due to holiday weekends
Monday, 21 January 2013, 9:03 am | BusinessDesk
Jan. 21 (BusinessDesk) - New Zealand dollar trading got off to a slow start on Monday due to the regional holiday in Wellington and Martin Luther King holiday weekend in the US. More >>
MARKET CLOSE NZ market sold off after inflation drop
Friday, 18 January 2013, 6:08 pm | BusinessDesk
Jan 18 (BusinessDesk) - New Zealand shares were sold off across the board, following a strong run earlier in the week. December quarter inflation figures showed a fall in prices in the last three months of last year, indicating sustained economic weakness, ... More >>
NZ dollar plunges on report of low inflation
Friday, 18 January 2013, 5:10 pm | BusinessDesk
Jan 18 (BusinessDesk) - The New Zealand dollar shed more than half a US cent on weaker than expected consumer price index (CPI) data on Friday. More >>
Govt savings bodies close to saturation point with NZ shares
Friday, 18 January 2013, 4:54 pm | BusinessDesk
Jan.18 (BusinessDesk) - Government pension and savings funds collectively own more than 5 percent of 47 companies listed on the NZX and more than 10 percent of 17 companies. More >>
Diligent discloses staff share option blunder
Friday, 18 January 2013, 3:23 pm | BusinessDesk
Jan. 18 (BusinessDesk) - Market darling Diligent Board Member Services is tidying up the way it grants share options to employees after finding it granted too many options to senior staff and did not provide a prospectus to others. More >>
h3>MIDDAY UPDATE: Inflation falls in Dec quarter, kiwi down
Friday, 18 January 2013, 12:28 pm | BusinessDesk
Jan. 18 (BusinessDesk) - Jan. 18 (BusinessDesk) - The consumer price index (CPI) fell unexpectedly by 0.2 percent in the last three months of last year, raising the likelihood of either a central bank interest rate cut or a longer period of current ... More >>
Kiwi dollar falls as CPI drops 0.2% in December quarter
Friday, 18 January 2013, 11:13 am | BusinessDesk
Jan. 18 (BusinessDesk) - The consumer price index (CPI) fell unexpectedly by 0.2 percent in the last three months of last year, raising the likelihood of either a central bank interest rate cut or a longer period of current historic low interest ... More >>
Clegg moves to takeover rest of New Image and delist
Friday, 18 January 2013, 9:54 am | BusinessDesk
Jan 18 (BusinessDesk) - New Image Group’s chairman Graeme Clegg is moving to take the colostrum-based health tonic maker private, saying a sharemarket listing no longer makes sense for the company. More >>
VINZ reiterates 'don’t sell' ahead of independent report
Friday, 18 January 2013, 9:19 am | BusinessDesk
Jan. 18 (BusinessDesk) – Vehicle Inspection New Zealand (VINZ) is reiterating its don’t sell notice to shareholders, saying an offer from Jevic New Zealand is opportunistic, More >>
NZ dollar trades in tight range ahead of CPI data
Friday, 18 January 2013, 8:57 am | BusinessDesk
Jan 18 (BusinessDesk) - The New Zealand dollar was confined in a narrow range ahead of the release of the December quarter consumer price index (CPI) this morning. More >>
While you were sleeping: Housing, jobs data boost stocks
Friday, 18 January 2013, 7:48 am | BusinessDesk
Jan 18 (BusinessDesk) – Equities on both sides of the Atlantic rose as buoyant data on the US housing and labour markets as well as better-than-expected earnings from eBay bolstered hopes the economy is in better shape than feared. More >>
MARKET CLOSE NZX 50 index closing on 1,000 point rise
Thursday, 17 January 2013, 6:02 pm | BusinessDesk
Jan 17 (BusinessDesk) - New Zealand shares rose as another consumer confidence survey showed improving sentiment, especially in Auckland, even as Australian jobs data disappointed financial markets. More >>
NZ dollar rises as aussie employment data disappoints
Thursday, 17 January 2013, 5:35 pm | BusinessDesk
Jan 17 (BusinessDesk) - The New Zealand dollar rose against an Australian dollar undermined by a weak employment report on Thursday. More >>
Unemployment rate set to hold as job ads flatten out, ANZ
Thursday, 17 January 2013, 4:17 pm | BusinessDesk
Jan. 17 (BusinessDesk) - ANZ has predicted an unemployment rate of about 7 percent for the next six months, as job advertisements experience an only slight rebound. More >>
Wynyard Group splits from Jade, mulls capital-raising
Thursday, 17 January 2013, 2:11 pm | BusinessDesk
Jan 17 (BusinessDesk) - Christchurch software developer Jade Corp is splitting off its fast-growing intelligence-gathering software arm, Wynyard Group, as a separate entity, with Wynyard likely to be considering options for new capital to support ... More >>
Property prices drive consumer confidence in Auckland
Thursday, 17 January 2013, 2:07 pm | BusinessDesk
Jan. 17 (BusinessDesk) - The hot property market is making consumers more confident in Auckland and they expect house prices to rise more in the next two years. More >>
