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Independent, Trustworthy New Zealand Business News
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BusinessDesk - Latest News [Page 81]
Kiwi struggling to gain traction as IMF lowers forecasts
Wednesday, 10 April 2019, 11:10 am | BusinessDesk
April 10 (BusinessDesk) - The New Zealand dollar remains under pressure after risk appetite took a hit when the International Monetary Fund cut its global growth forecasts for 2019 and 2020. More >>
Making RBNZ the insurance supervisor was a mistake: Brash
Wednesday, 10 April 2019, 11:09 am | BusinessDesk
April 10 (BusinessDesk) - It was a mistake to make the Reserve Bank the prudential supervisor of the general insurance industry, according to former bank governor Don Brash. More >>
MARKET CLOSE: NZ shares fall
Tuesday, 9 April 2019, 8:44 pm | BusinessDesk
April 9 (BusinessDesk) - New Zealand shares fell for a fifth session as retirement village operators Summerset Group and Metlifecare suffered amid fears a slowing property market will dent their fortunes. More >>
NZ dollar falls against the Aussie amid rising metal prices
Tuesday, 9 April 2019, 8:19 pm | BusinessDesk
April 9 (BusinessDesk) - The New Zealand dollar fell against its Australian counterpart amid rising metals prices but was little changed against other currencies as investors await fresh signals on its direction. More >>
Talbot family in the red on Plexure shares after FMA deal
Tuesday, 9 April 2019, 7:39 pm | BusinessDesk
April 9 (BusinessDesk) - Former Plexure Group virtual chief financial officer Mark Talbot's guilty plea to breaching disclosure obligations and his admission of insider trading were bottom-lines for the Financial Markets Authority. More >>
NZOG gains three-year extension at Barque
Tuesday, 9 April 2019, 7:24 pm | BusinessDesk
April 9 (BusinessDesk) - New Zealand Oil & Gas has been granted a three-year extension on its drilling programme in the Canterbury basin. More >>
NZ screen revenue shrinks for first time in five years
Tuesday, 9 April 2019, 5:35 pm | BusinessDesk
April 9 (BusinessDesk) - New Zealand's screen industry revenue shrank for the first time in five years as fewer big-budget films were produced and television broadcasting activity declined. More >>
Integrity, product quality new priorities in survey
Tuesday, 9 April 2019, 4:51 pm | BusinessDesk
Integrity, product quality new priorities in reputation management survey More >>
Former governors give limited support to deposit proposition
Tuesday, 9 April 2019, 4:49 pm | BusinessDesk
Former RBNZ governors give limited support to bank deposit protection More >>
NZ tax base at risk from go-it-alone digital tax, says body
Tuesday, 9 April 2019, 4:04 pm | BusinessDesk
April 9 (BusinessDesk) - New Zealand should drop its plan to try and tax borderless digital economy firms and focus instead on a "very damaging threat" from global proposals to change how exporters' income is taxed internationally. More >>
Focus on network pricing reform, emissions
Tuesday, 9 April 2019, 3:24 pm | BusinessDesk
April 9 (BusinessDesk) - Adjusting electricity network pricing to enable the uptake of new technologies is an “absolute prerequisite” for good long-term energy policy, a visiting Australian regulator says. More >>
RBNZ appoints new chief economist
Tuesday, 9 April 2019, 2:23 pm | BusinessDesk
April 9 (BusinessDesk) - The Reserve Bank of New Zealand has appointed long-time employee Yuong Ha the new chief economist and head of economics. More >>
Mainzeal liquidators seek compensation in cross-appeal
Tuesday, 9 April 2019, 2:21 pm | BusinessDesk
April 9 (BusinessDesk) - Mainzeal Property and Construction's liquidators want to double the amount of compensation the failed firm's directors, in particular chair Jenny Shipley, were ordered to pay, in cross-appealing a High Court ruling. More >>
PaySauce says March qtr recurring revenue more than doubled
Tuesday, 9 April 2019, 1:29 pm | BusinessDesk
April 9 (BusinessDesk) - Payroll software provider PaySauce says its recurring revenue more than doubled in the March quarter and its customer numbers jumped 86 percent from a year earlier. More >>
Tourism Holding's TH2 JV creates new merged business
Tuesday, 9 April 2019, 12:47 pm | BusinessDesk
April 9 (BusinessDesk) - TH2, a joint venture between Thor Industries and Tourism Holdings, has merged its trans-Tasman CamperMate and Roadtrippers businesses with Australia's GoSeeAustralia and Outdoria to create one entity. More >>
NTL FCStone fined for 'reckless' breach of NZX rules
Tuesday, 9 April 2019, 12:44 pm | BusinessDesk
April 9 (BusinessDesk) - Global financial services firm INTL FCStone Financial has been fined and censured by the stock market operator for recklessly breaching listing rules a number of times since its accreditation less than four years ago. More >>
Withers to step down from Mercury board in September
Tuesday, 9 April 2019, 11:07 am | BusinessDesk
April 9 (BusinessDesk) - Mercury NZ chair Joan Withers will step down in September after 10 years as a director. More >>
New Zealand dollar tad higher on rising oil prices
Tuesday, 9 April 2019, 11:05 am | BusinessDesk
April 9 (BusinessDesk) - The kiwi got a slight lift overnight as a gain in oil prices on the back of heightened geopolitical risk boosted commodity currencies. More >>
Ardern mulls NZ's 'international ask' on social media reform
Tuesday, 9 April 2019, 9:29 am | BusinessDesk
April 8 (BusinessDesk) - Prime Minister Jacinda Ardern is consulting personally about the role New Zealand could play internationally to get a "step-change in behaviour" by global social media companies when it comes to their sponsorship of extremism, ... More >>
MARKET CLOSE: NZ shares fall as property market weighs
Monday, 8 April 2019, 8:55 pm | BusinessDesk
April 8 (BusinessDesk) - New Zealand shares fell for a fourth day as the threat of a slowing property market was seen weighing on retirement sector stocks such as Summerset Group and Metlifecare. More >>
