Article – BusinessDesk

March 19 (BusinessDesk) – New Zealand shares were mixed, with Kathmandu Holdings up and Sky Network Television continuing to bounce while Chorus and Comvita fell. Read more »

Article – BusinessDesk

March 19 (BusinessDesk) – The New Zealand dollar slipped and is poised to go lower with the focus firmly on this week’s policy reviews at the US Federal Reserve and New Zealand’s central bank, where the Fed is expected to hike while the Reserve Bank … Read more »

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March 19 (BusinessDesk) – More than $1.35 billion-worth of illicit funds from fraud, tax offending and drug trafficking is ending up in New Zealand every year to be laundered, according to a new report from the NZ Police Financial Intelligence Unit. Read more »

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March 19 (BusinessDesk) – The Environment Court will hold a judicial conference in April to hear concerns about Wellington International Airport’s adjournment request for its planned runway extension. Read more »

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March 19 (BusinessDesk) NPT shareholders voted in favour of Augusta Capital buying the real estate investor’s management contract for $4.5 million at a special meeting today in Auckland. Read more »

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March 19 (BusinessDesk) – Austrian oil and gas producer OMV may have to sell down its stakes in the Maui and Pohokura fields to clear competition law hurdles to its $578 million purchase of Shell New Zealand’s remaining assets, says petroleum sector … Read more »

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March 19 (BusinessDesk) – The Ministry of Business, Innovation and Employment wants feedback on how government-regulated radio spectrum fits into the fifth-generation mobile technology framework known as 5G, releasing a document the same day Spark … Read more »

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March 19 (BusinessDesk) – Veritas Investments has cut its 2018 guidance after shareholders voted to sell the business and assets of the Mad Butcher franchisor to its chief executive Michael Morton. Read more »

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March 19 (BusinessDesk) – Wellington International Airport has asked to put its runway extension resource consent application on hold for nine months, as it plans to re-ask the Civil Aviation Authority for permission for its plan. Read more »

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March 19 (BusinessDesk) – New Zealand’s services sector activity, which accounts for about two-thirds of the economy, slowed for a third consecutive month in February as the activity/sales sub-index fell to its lowest level since November 2014. Read more »

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March 19 (BusinessDesk) – A block of three kiwifruit orchards in Te Puke is being marketed to foreign buyers, despite the new Labour-led government’s plans to restrict overseas investment. Read more »

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March 19 (BusinessDesk) – The New Zealand dollar was little changed near a two-week low in a busy week for potentially market-moving events, including a likely rate hike from the Federal Reserve, the local Reserve Bank’s policy review, Fonterra Cooperative … Read more »

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March 19 (BusinessDesk) – US Federal Reserve officials are widely expected to lift their target interest rate during their two-day policy meeting, the first chaired by Jerome Powell, and investors will closely eye for any signs the central bank might … Read more »

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MARKET CLOSE: NZ shares hit record amidst rebalancing, Comvita and Sky TV gain while Pushpay, A2 drop Read more »

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March 16 (BusinessDesk) – The New Zealand dollar is headed for a 0.5 percent weekly decline against the greenback on rising risk aversion as markets fret about a possible trade war and more changes in White House Staff Read more »

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March 16 (BusinessDesk) – The government will invest up to $5 million in wharf upgrades in Northland through the provincial growth fund, regional economic development minister Shane Jones said. Read more »

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March 16 (BusinessDesk) – Deborah Caldwell, the chief executive of the Storm clothing chain, has bought the business from Hallenstein Glasson Holdings for an undisclosed amount. Read more »

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March 16 (BusinessDesk) – Lyttelton Port Company says it’s offering equal terms to members of the Rail and Maritime Transport Union, after talks yesterday broke down and the union said it intends to strike beginning next week. Read more »

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March 16 (BusinessDesk) – Economists see no prospect of acting Reserve Bank governor Grant Spencer lifting the official cash rate in his final review next week and do not expect him to deviate from the line that rates are on hold for the foreseeable … Read more »

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March 16 (BusinessDesk) – Veritas Investments shareholders voted to sell the business and assets of the Mad Butcher franchisor to its chief executive Michael Morton for $8 million at a special meeting held today in Auckland. Read more »