INDEPENDENT NEWS

Latest Business Headlines

MARKET CLOSE: NZX50 drops below 10,000 as blue-chips fall

Published: Fri 26 Apr 2019 08:55 PM
April 26 (BusinessDesk) - The S&P/NZX 50 Index fell back below 10,000 after becoming the most expensive across Asia based on forward-looking metrics. Blue-chip stocks including Spark New Zealand, Goodman Property Trust and Ryman Healthcare were among ... Read more...

NZ dollar bounces back

Published: Fri 26 Apr 2019 08:12 PM
April 26 (BusinessDesk) - The New Zealand dollar rose, mainly reflecting a retracement against the Australian dollar following weaker-than-expected Australian inflation data on Wednesday. Read more...

Fyfe-chaired medicinal cannabis firm gets $6 mln investment

Published: Fri 26 Apr 2019 06:48 PM
April 26 (BusinessDesk) - Pure Cann New Zealand, which counts former Air New Zealand boss Rob Fyfe as its executive chair, has secured $6 million from Australia's Cann Group for a 20 percent stake in the local medicinal cannabis company. Read more...

Hamilton council races to get special housing area

Published: Fri 26 Apr 2019 06:47 PM
April 26 (BusinessDesk) - Hamilton City Council is rushing to get special housing designation for a planned property development before the government ditches the fast-tracked process. Read more...

Fisheries workers had enough of floating on minimum wage

Published: Fri 26 Apr 2019 05:42 PM
Workers at Moana New Zealand have until now, watched in frustration as the parent company they work for brings in millions while they try to live off wages that barely float above the minimum. Read more...

Instant Finance appoints Chief Executive

Published: Fri 26 Apr 2019 04:26 PM
Instant Finance has announced the appointment of Dion Jones to the role of Chief Executive Officer. He will commence the role in August 2019. Read more...

Air NZ turbine business wins US$17M contract

Published: Fri 26 Apr 2019 02:31 PM
April 26 (BusinessDesk) - Air New Zealand Gas Turbines has won a US Navy maintenance contract worth more than US$17 million. Read more...

NZ monthly exports hit record in March

Published: Fri 26 Apr 2019 02:29 PM
April 26 (BusinessDesk) - New Zealand's exports hit a record in March amid revived Chinese demand for local dairy, meat and forestry products. Read more...

NZ consumers more upbeat about current situation

Published: Fri 26 Apr 2019 01:21 PM
April 26 (BusinessDesk) - Consumer confidence was a touch higher in April as New Zealanders were more upbeat about their current finances. Read more...

Slowing China arrivals reinforce need for new tourism market

Published: Fri 26 Apr 2019 01:13 PM
April 26 (BusinessDesk) - Reduced visitor numbers from China are a reminder of the need for New Zealand to keep looking for new potential markets for inbound tourism, Auckland International Airport says. Read more...
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media