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Market Close: NZ stocks mixed, A2 Milk leads declines

Published: Mon 24 Sep 2018 09:13 PM
Sept. 24 (BusinessDesk) - New Zealand shares were mixed as last week’s FTSE index adjustments rippled through major stocks today. A2 Milk, which has entered the FTSE Russell All World Index, led the declines; Sky Network Television, which made way ... Read more...

Oil exploration ban will cost NZ govt $7.9B in lost revenues

Published: Mon 24 Sep 2018 09:11 PM
Sept. 24 (BusinessDesk) - The government's proposed ban on new offshore oil and gas exploration permits may cost the country $7.9 billion in revenue foregone between now and 2050, the Ministry of Business, Innovation and Employment says. Read more...

NZ dollar sticks to tight range ahead of key events

Published: Mon 24 Sep 2018 08:26 PM
Sept. 24 (BusinessDesk) - The New Zealand dollar stuck to a tight range ahead of key events later in the week, including interest rate decisions from the US Federal Reserve and New Zealand's central bank. Read more...

OIO approves Bounty Holdings bid to buy Tegel Group

Published: Mon 24 Sep 2018 08:16 PM
OIO approves Bounty Holdings bid to buy Tegel Group, offer now unconditional By Rebecca Howard Read more...

Outspoken Fonterra critic launches campaign for board seat

Published: Mon 24 Sep 2018 07:59 PM
Sept. 24 (BusinessDesk) - Outspoken former Fonterra director Leonie Guiney, who was temporarily gagged by the cooperative after losing her seat on the board last year, is seeking re-election in November. Read more...

PREVIEW: RBNZ to keep rates on hold

Published: Mon 24 Sep 2018 07:47 PM
PREVIEW: RBNZ to keep rates on hold, reiterate next move could be up or down Read more...

Complaint under investigation at Russell McVeagh

Published: Mon 24 Sep 2018 07:34 PM
Russell McVeagh is investigating a complaint which relates to a partner making inappropriate comments while attending a client event under the influence of alcohol. Read more...

Stacey Shortall named New Zealand’s Dispute Star

Published: Mon 24 Sep 2018 05:14 PM
MinterEllisonRuddWatts partner Stacey Shortall has been named New Zealand’s Disputes Star of the Year at the annual Asia Law Asia-Pacific Dispute Resolution Awards 2018. Read more...

Major Fresh Produce Traceability Project Underway

Published: Mon 24 Sep 2018 04:57 PM
Auckland, Monday 24th September 2018: In light of the recent shocking Australian strawberry tampering event, the New Zealand produce industry is taking every action possible to reassure customers their safety systems are robust. United Fresh is the ... Read more...

Govt announces $27.4M PGF spend for Rotorua

Published: Mon 24 Sep 2018 04:04 PM
Sept. 24 (BusinessDesk) - The government said its Provincial Growth Fund will invest $27.4 million to support Rotorua's plans to redevelop its lakefront and Whakarewarewa Forest as part of an effort to bolster tourism and job growth in the region. Read more...
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