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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 220]
Kiwi Property Group reiterates dividend guidance
Thursday, 7 June 2018, 2:04 pm | BusinessDesk
Kiwi Property Group reiterated its dividend guidance at its annual general meeting and said its current projects are on track. More >>
NZ house value growth cools in May heading into winter
Thursday, 7 June 2018, 1:14 pm | BusinessDesk
June 7 (BusinessDesk) - New Zealand house value growth slowed in May as expectations of capital gains weaken and activity dropped heading into winter, according to state-owned valuer Quotable Value. More >>
NZ$ Falls After Officials Say ECB Could Wind Down Stimulus
Thursday, 7 June 2018, 11:55 am | BusinessDesk
The New Zealand dollar fell against the euro after officials in Europe said the European Central Bank could wind down its stimulus measures by the end of the year in a first step toward returning to a more normal monetary policy as inflation picks ... More >>
MARKET CLOSE: NZX 50 rises to record
Wednesday, 6 June 2018, 9:15 pm | BusinessDesk
MARKET CLOSE: NZX 50 rises to record, led by F&P Healthcare, Ryman as dividends loom More >>
Rejected NZME/Stuff merger is 'price of working democracy'
Wednesday, 6 June 2018, 9:14 pm | BusinessDesk
Appeal Court told $200M price tag for rejected NZME/Stuff merger is 'price of working democracy' More >>
Asahi's Independent Liquor lifts 2017 sales
Wednesday, 6 June 2018, 8:28 pm | BusinessDesk
June 6 (BusinessDesk) - Independent Liquor NZ, which owns alcohol brands such as Woodstock Bourbon and Boundary Road beer, increased sales in 2017 while keeping its margins intact, resulting in a 53 percent gain in net profit. More >>
NZ dollar falls against Aussie after strong GDP numbers
Wednesday, 6 June 2018, 8:14 pm | BusinessDesk
June 6 (BusinessDesk) - The New Zealand dollar fell against the Aussie after figures showed Australia's economy recorded its strongest annual expansion in nearly two years. More >>
High Court will now hear RBNZ's application to liquidate CBL
Wednesday, 6 June 2018, 7:43 pm | BusinessDesk
Auckland High Court will now hear RBNZ's application to liquidate CBL Insurance at end of July More >>
Ten years on, a seven-year plan to standardise RMA docs
Wednesday, 6 June 2018, 7:21 pm | BusinessDesk
Ten years on, a seven-year plan to standardise local government planning documents By Pattrick Smellie More >>
No Treasury advice on oil and gas exploration ban
Wednesday, 6 June 2018, 7:19 pm | BusinessDesk
Finance Minister received no Treasury advice on impact of oil and gas offshore exploration ban More >>
EQC Minister Woods calls for immediate steps
Wednesday, 6 June 2018, 7:17 pm | BusinessDesk
June 6 (BusinessDesk) - Earthquake Commission Minister Megan Woods has called on the EQC to take immediate steps to speed up the resolution of outstanding claims relating to the Canterbury earthquakes after a report outlined the need for a wide ... More >>
NZ Commodity Prices Lift on Month in May
Wednesday, 6 June 2018, 4:09 pm | BusinessDesk
New Zealand commodity prices rose in May marking their fifth consecutive rise, bolstered by cheese, skim milk powder and lamb. New Zealand dollar returns were helped by a decline in the currency against most major trading partners. More >>
Volume of NZ Building Activity Falls in March, Value Steady
Wednesday, 6 June 2018, 2:42 pm | BusinessDesk
The value of New Zealand building work was steady in the March quarter while the volume of total building activity dipped, weighed by a slide in non-residential building activity. More >>
Auckland housing activity picks up in May, prices weaken
Wednesday, 6 June 2018, 1:43 pm | BusinessDesk
June 6 (BusinessDesk) - Activity picked up across the Auckland residential property market in May although prices were weaker, according to the city's largest realtor. More >>
NZX trading continues to lift in May on low interest rates
Wednesday, 6 June 2018, 12:48 pm | BusinessDesk
NZX share trading continues to lift in May as low interest rates keep investors keen More >>
NZ new vehicle sales hit record in May stoked by economy
Wednesday, 6 June 2018, 12:31 pm | BusinessDesk
June 6 (BusinessDesk) - New Zealand new vehicle sales rose to a record for the month in May, underpinned by a strong economy and discounted prices ahead of the agricultural Fieldays. More >>
NZ King Salmon expects earnings at upper end of guidance
Wednesday, 6 June 2018, 12:17 pm | BusinessDesk
June 6 (BusinessDesk) - New Zealand King Salmon says full-year earnings are likely to be "at the upper end or slightly above" guidance, although a hot summer has curbed expectations for volumes available for sale in both 2018 and 2019. More >>
NZ dollar gains vs Aussie as RBA keeps rates low, GDP looms
Wednesday, 6 June 2018, 11:44 am | BusinessDesk
June 6 (BusinessDesk) - The New Zealand dollar gained against the Aussie after Australia's central bank kept interest rates on hold as expected and said a return to targeted inflation is likely to be gradual. More >>
Dairy product prices decline for 6th time in eight auctions
Wednesday, 6 June 2018, 10:35 am | BusinessDesk
June 6 (BusinessDesk) - Dairy product prices fell at the Global Dairy Trade auction, as whole milk powder slid amid higher-than-anticipated supply. More >>
MARKET CLOSE: NZ shares rally
Tuesday, 5 June 2018, 8:56 pm | BusinessDesk
MARKET CLOSE: NZ shares rally, led by A2, F&P Healthcare, Sky TV, Synlait rise; Cavalier jumps By Jonathan Underhill More >>
