Scoop has an Ethical Paywall
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 175]
NZ dollar falls to 2-year low vs pound
Tuesday, 11 September 2018, 11:40 am | BusinessDesk
Sept. 11 (BusinessDesk) - The New Zealand dollar dropped to its lowest level against the British pound since the June 2016 Brexit referendum after EU chief negotiator Michel Barnier said a deal could be reached as early as November. More >>
MARKET CLOSE: NZ shares drop from recent highs
Monday, 10 September 2018, 8:32 pm | BusinessDesk
Sept. 10 (BusinessDesk) - New Zealand shares weakened from recent highs, led lower by Ryman Healthcare and Fletcher Building. More >>
Appeal Court rejects Robt Jones Holdings' bid
Monday, 10 September 2018, 8:24 pm | BusinessDesk
Sept. 10 (BusinessDesk) - The Court of Appeal has rejected Robt Jones Holdings' bid to retain some $752,000 of payments from former Blue Chip unit Northern Crest Investments. More >>
NZ dollar extends decline on prospect of rising US rates
Monday, 10 September 2018, 8:22 pm | BusinessDesk
NZ dollar extends decline as prospect of rising US rates supports greenback By Paul McBeth More >>
PSA, IRD settle collective bargaining after strikes
Monday, 10 September 2018, 8:09 pm | BusinessDesk
Sept. 10 (BusinessDesk) - Public Service Association members and the Inland Revenue Department have ended months of pay negotiations with union members voting to ratify a new deal. More >>
Closing the gap: How a capital gains tax could raise $100M
Monday, 10 September 2018, 8:03 pm | BusinessDesk
Closing the gap: How a capital gains tax could raise $100M a year from property companies More >>
Govt direction on transmission may be needed for dairy
Monday, 10 September 2018, 7:38 pm | BusinessDesk
Sept. 10 (BusinessDesk) - Government intervention in transmission will probably be required if the country is serious about electrifying dairy processing to reduce the country’s carbon emissions, Babbage Consultants associate Richard Stretton ... More >>
RBNZ review to chew over meaty issues
Monday, 10 September 2018, 5:44 pm | BusinessDesk
Sept. 10 (BusinessDesk) - The potential introduction of deposit insurance and the removal of prudential supervision are among the key issues to be addressed in the next stage of the Reserve Bank Act review. More >>
Workplace relations minister to get greater power
Monday, 10 September 2018, 4:08 pm | BusinessDesk
Sept. 10 (BusinessDesk) - Parliament's education and workforce select committee heeded union submissions on the first tranche of an employment law overhaul which would let the workplace relations minister add new groups to the list of vulnerable employees. More >>
ProTen lifts annual earnings 31%
Monday, 10 September 2018, 2:40 pm | BusinessDesk
Sept. 10 (BusinessDesk) - ProTen, Australia’s largest independent contract grower of broiler chickens for meat, increased annual earnings 31 percent ahead of next month's vote on a A$211 million takeover offer. More >>
NZ manufacturing sales volumes drop
Monday, 10 September 2018, 2:39 pm | BusinessDesk
Sept. 10 (BusinessDesk) - New Zealand manufacturing sales volumes posted their biggest quarterly decline in five years as the Marsden Point oil refinery shut for maintenance and an outage reduced output from the Pohokura gas field. More >>
Summerset announces indicative rate for $100M bond offer
Monday, 10 September 2018, 2:08 pm | BusinessDesk
Sept. 10 (BusinessDesk) - Summerset Group will sell up to $100 million of seven-year fixed-rate bonds as it cuts its reliance on bank debt. More >>
NZ dollar near 2 1/2-year low as US wages creep higher
Monday, 10 September 2018, 11:40 am | BusinessDesk
Sept. 10 (BusinessDesk) - The New Zealand dollar held near a two-and-a-half year low as unexpectedly strong US wage growth spurred demand for the greenback and President Donald Trump's Chinese tariff plans kept investors uneasy. More >>
MARKET CLOSE: NZ shares fall as investors cash in
Friday, 7 September 2018, 8:50 pm | BusinessDesk
MARKET CLOSE: NZ shares fall as investors cash in August gains; Tourism Holdings, A2 drop More >>
Wynyard liquidator offers glimmer of hope
Friday, 7 September 2018, 8:18 pm | BusinessDesk
Sept. 7 (BusinessDesk) - Wynyard Group shareholders whose investments were all-but written off when the intelligence software company went bust two years ago may get a "very small" respite, say the firm's liquidators. More >>
NZ dollar heads for 0.6% weekly fall
Friday, 7 September 2018, 8:17 pm | BusinessDesk
NZ dollar heads for 0.6% weekly fall as investors wait for trade war developments More >>
Reserve Bank Act review panel appointed
Friday, 7 September 2018, 8:16 pm | BusinessDesk
Sept. 7 (BusinessDesk) - The government has made three new appointments to the panel reviewing the Reserve Bank Act, as the "wide-ranging" review enters its second phase. More >>
Commonwealth WTO members seek to protect multilateral trade
Friday, 7 September 2018, 5:15 pm | BusinessDesk
Sept. 7 (BusinessDesk) - New Zealand will host a follow-up meeting of Commonwealth members of the World Trade Organisation in Geneva next week to discuss what they can do to support a multilateral system under threat. More >>
Clare Curran resigns
Friday, 7 September 2018, 3:16 pm | BusinessDesk
Sept. 7 (BusinessDesk) - Clare Curran has resigned as a minister, less than a week after being removed from Cabinet. More >>
Wellbeing indicators should guide policy
Friday, 7 September 2018, 3:06 pm | BusinessDesk
Sept. 7 (BusinessDesk) - How do you mathematically express future well-being and how does current preference relate to future preference, asked Associate Finance Minister and Minister for Statistics James Shaw, outlining the challenges of creating ... More >>
