Friday, 19 April 2019


Major Indices
Recent News
  • MARKET CLOSE: NZX50 gains 1.8% this week

    21:15 | 18/4/19
    April 18 (BusinessDesk) - New Zealand shares drifted off their high heading into the Easter holiday, but still managed a 1.8 percent gain this week as weak inflation spurred on expectations for an interest rate cut, making companies paying reliable ... more»
  • NZ dollar falls against Aussie after strong Oz jobs data

    20:17 | 18/4/19
    April 18 (BusinessDesk) - The New Zealand dollar was little changed against most currencies but fell against the Australian dollar and the yen after figures showing stronger than expected jobs creation in March. more»
  • Helen Clark, Don McKinnon front NZ chapter of US think-tank

    20:06 | 18/4/19
    April 18 (BusinessDesk) - Former Prime Minister Helen Clark and former Secretary-General for the Commonwealth, Sir Don McKinnon, are throwing their political capital and global profile behind the establishment of the New Zealand chapter of a respected ... more»
  • Fuji Xerox auditor keeps name suppression

    20:05 | 18/4/19
    April 18 (BusinessDesk) - The names of the auditors of Fuji Xerox’s New Zealand subsidiary remain suppressed after an appeal hearing against a decision by an accountants’ disciplinary tribunal. more»
  • A 100% Renewable Electricity Pipedream

    19:22 | 18/4/19
    The Government’s plan to move to wholly renewable electricity by 2035 is “extravagant” and could drive up electricity prices by 39 per cent, industry insiders have heard. Coupled with recent findings that fossil fuel-generated electricity production has ... more»
  • Sharesies becomes B Corp certified

    19:20 | 18/4/19
    In just over 18 months, Sharesies has attracted more than 41,000 investors, with nearly $46M in funds under management. This is money that, if Sharesies didn’t exist, would likely not have been invested. And now we’re proud to announce that ... more»
  • Developing NZ Conference

    19:19 | 18/4/19
    Hon. Jenny Salesa and Hon. Shane Jones confirmed to speak at the upcoming Developing NZ Conference In one month time, we will be gathering together KiwiRail, Wellington City Council, Tourism NZ, Panuku Development Auckland, Rotorua District Council, ... more»
  • UPDATE: Mercury, Genesis signal weaker earnings

    17:48 | 18/4/19
    UPDATE: Mercury, Genesis signal weaker earnings on low lake levels, gas shortage  more»
  • CC grants clearance for Knauf and USG to merge

    17:47 | 18/4/19
    Commerce Commission grants clearance for Knauf and USG to merge subject to a divestment  more»
  • UPDATE: TIL Logistics director Kern steps down and sells out

    17:38 | 18/4/19
    April 18 (BusinessDesk) - TIL Logistics director Greg Kern has resigned from the board effectively immediately and sold his remaining 5.2 percent stake.  more»
  • $16 million Easter treat for Auckland woman

    16:48 | 18/4/19
    Forget chocolate — an Auckland woman has unwrapped the ultimate Easter treat after scoring $16.2 million with Powerball in last night’s Lotto draw. The winner, who wishes to remain anonymous, is a regular MyLotto player and only found out this morning ... more»
  • ComCom to eye fuel profits by region, activity

    16:34 | 18/4/19
    April 18 (BusinessDesk) - The Commerce Commission says its assessment of competition in the retail fuel industry will include whether some geographies or parts of the business are more profitable than others. more»
  • Kick-start for KiwiSaver best incentive to increase savers

    16:28 | 18/4/19
    While the Government is not progressing with a Capital Gains Tax, proposed changes to KiwiSaver from the Tax Working Group (TWG) will affect many people. These remain on the table. However, the TWG has missed a huge opportunity to make a real difference ... more»
  • RANZCP welcomes Ms Moe Milne as Kaumatua

    16:23 | 18/4/19
    The Royal Australian and New Zealand College of Psychiatrists (RANZCP) extends a warm welcome to Ms Moe Milne as recently appointed Kaumatua.  more»
  • Bauer Media announces management buyout of

    16:09 | 18/4/19
    Bauer Media, New Zealand’s largest and most influential magazine publisher, have agreed to sell to former managers, Ross Logue and Richard East.  more»
Global Indices