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BusinessDesk - Latest News [Page 84]
Mahuta eyes scrapping of Local Govt Commission
Wednesday, 3 April 2019, 2:32 pm | BusinessDesk
April 3 (BusinessDesk) - The days of the Local Government Commission may be numbered as the minister of local government Nanaia Mahuta kicks off a reform process. More >>
Barfoot sees regained momentum in Auckland sales
Wednesday, 3 April 2019, 2:02 pm | BusinessDesk
April 3 (BusinessDesk) - Barfoot & Thompson says the Auckland market regained some momentum in March when its sales numbers almost doubled from February. More >>
New vehicle registrations fall in March
Wednesday, 3 April 2019, 1:45 pm | BusinessDesk
April 3 (BusinessDesk) - New Zealand new vehicle registrations fell in March as the market continues to soften, data from the Motor Industry Association showed. More >>
Tough retailing conditions and retail property values
Wednesday, 3 April 2019, 12:53 pm | BusinessDesk
April 3 (BusinessDesk) - Tough times for retailers, including disruption from online retailing, is translating into falling retail property values. More >>
A2 Milk says lift in dairy prices may impact in FY2020
Wednesday, 3 April 2019, 12:48 pm | BusinessDesk
April 3 (BusinessDesk) - A2 Milk Company said recent increases in dairy pricing will have an impact on gross margin percentages in the 2020 financial year but it doesn't anticipate any significant impact this year. More >>
Spark customer chief Hodson to replace Moutter
Wednesday, 3 April 2019, 12:36 pm | BusinessDesk
April 3 (BusinessDesk) - Spark New Zealand's managing director Simon Moutter will leave the country's biggest telecommunications company in July, handing over the reins to customer director Jolie Hodson. More >>
NZ dollar weakens on gloomy business confidence
Wednesday, 3 April 2019, 11:17 am | BusinessDesk
April 3 (BusinessDesk) - The New Zealand dollar opened weaker, as dour business confidence added to the prospects of a domestic rate cut and as whole milk powder prices dipped overnight. More >>
Dairy prices inch up, drop in milk powder checks advances
Wednesday, 3 April 2019, 10:28 am | BusinessDesk
Dairy product prices inch up as drop in whole milk powder checks advance More >>
Annual national house price growth continues to slow
Wednesday, 3 April 2019, 9:50 am | BusinessDesk
April 3 (BusinessDesk) - House prices in many parts of New Zealand are still rising at double-digit annual rates but they are falling in the Auckland region and the odd smaller centre. More >>
MARKET CLOSE: NZ shares extend rally on low rate outlook
Tuesday, 2 April 2019, 8:45 pm | BusinessDesk
MARKET CLOSE: NZ shares extend rally on low rate outlook; Plexure soars on McD's backing More >>
NZ dollar falls on soured business sentiment
Tuesday, 2 April 2019, 8:22 pm | BusinessDesk
April 2 (BusinessDesk) - The New Zealand dollar fell as evidence of souring business sentiment provided further ammunition to the case for an interest rate cut. More >>
Aurora increases network spending plan by $42M
Tuesday, 2 April 2019, 7:24 pm | BusinessDesk
April 2 (BusinessDesk) - Aurora Energy has increased its 10-year spending plans by more than $42 million following an independent review of the state of its networks. More >>
Bankers beware: Fintechs aim at chunk of SME lending
Tuesday, 2 April 2019, 7:23 pm | BusinessDesk
April 2 (BusinessDesk) - It’s been a long time coming, but New Zealand SMEs looking for business loans are at last starting to see options that don’t involve filling out a 20-page bank form, waiting weeks and putting their home on the line. More >>
Rate-cut expectations brought up on dwindling confidence
Tuesday, 2 April 2019, 4:26 pm | BusinessDesk
April 2 (BusinessDesk) - Souring business confidence has several economists now expecting a rate cut by the Reserve Bank as early as May. More >>
FNZC says Vital Healthcare annual base fees will fall $1.5M
Tuesday, 2 April 2019, 3:41 pm | BusinessDesk
April 2 (BusinessDesk) - FNZC says the new fee structure for managing Vital Healthcare Property Trust will result in about a 3.5 percent uplift in annual per-share earnings. More >>
Business confidence sours further, sees economic slowdown
Tuesday, 2 April 2019, 1:40 pm | BusinessDesk
April 2 (BusinessDesk) - New Zealand business confidence fell further in the March quarter, pointing to slower economic growth in the first half of 2019. More >>
Contact faces court action over 2017 Smartfuel discounts
Tuesday, 2 April 2019, 1:08 pm | BusinessDesk
April 2 (BusinessDesk) - Contact Energy is being taken to court by the Commerce Commission for the way it advertised new price plans with its AA Smartfuel discounts in 2017. More >>
McDonald's invests $5.4 million in NZX-listed Plexure
Tuesday, 2 April 2019, 1:02 pm | BusinessDesk
April 2 (BusinessDesk) - Fast-food multi-national McDonald’s is spending $5.4 million on a 9.9 percent stake in NZX-listed technology minnow Plexure after being a customer off and on since at least 2012. More >>
RBNZ, FMA reviewing responses in bank conduct/culture review
Tuesday, 2 April 2019, 1:00 pm | BusinessDesk
April 2 (BusinessDesk) - The Reserve Bank and Financial Markets Authority have received responses from the 11 banks in their joint conduct and culture report. But it will take weeks before the regulators say anything publicly. More >>
Anna Rawlings to replace Mark Berry as ComCom chair
Tuesday, 2 April 2019, 12:42 pm | BusinessDesk
April 2 (BusinessDesk) - Former Minter Ellison Rudd Watts partner Anna Rawlings will take over the chair of the Commerce Commission next month when 10-year veteran Mark Berry steps down. More >>
