Thursday, 13 December 2018

Latest News

  • HiFX morning Update, December 10, 2018

    09:02 | 10/12/18
    The NZDUSD opens at 0.6855 (mid-rate) this morning. Trade war concerns continue to dampen market sentiment. US equities came under pressure on Friday on the back of a disappointing jobs report, while and Fed comments suggesting the Federal Reserve ... more»
  • PwC to lose lucrative Fonterra audit contract after 15 years

    18:29 | 9/12/18
    Dec. 7 (BusinessDesk) - PwC will lose its most lucrative audit contract among NZX-listed issuers when Fonterra ends a 15-year relationship that's earned the auditor $94 million.  more»
  • Consumer NZ’s Bad Taste Food Awards winners announced

    12:04 | 8/12/18
    Consumer NZ chief executive Sue Chetwin said the annual awards highlighted claims food manufacturers used to market their products as better choices.  more»
  • New smelter supports Big Electricity’s growth ambitions

    12:01 | 8/12/18
    The electricity corporates who generate and distribute electricity are driven by their shareholders’ demand for profits and growth of their assets. Their industrial consumers are growing their demand, and residential consumers are paying for their ... more»
  • MARKET CLOSE: NZ shares rally on speculation of US rate

    20:55 | 7/12/18
    Dec. 7 (BusinessDesk) - New Zealand shares rose as markets across Asia rallied on speculation the US Federal Reserve will keep interest rates on hold next year, which would maintain the yield attraction of stocks over bonds. Spark New Zealand was up ... more»
  • Fed's wait-and-see signal keeps NZ dollar steady

    20:33 | 7/12/18
    Dec. 7 (BusinessDesk) - The New Zealand dollar is steady on the week after ongoing worries about the China-US trade stoush were offset by news reports that the US Federal Reserve may signal a wait-and-see approach regarding rate hikes in 2019. more»
  • REINZ concerned about ring-fencing rules

    19:58 | 7/12/18
    If you’re writing on the Revenue Minister’s Taxation (Annual Rates for 2019-20, GST Offshore Supplier Registration, and Remedial Matters) Bill this weekend, please consider the following comment from the Real Estate Institute of New Zealand (REINZ). more»
  • Law society building stoush: voting system full of holes

    19:51 | 7/12/18
    Dec. 7 (BusinessDesk) - The battle over the sale of the Auckland District Law Society building has taken a bizarre twist, with the opponents saying the way the online voting is structured means it is vulnerable to being tampered with - from either ... more»
  • Forex trader pleads not guilty to $7 million fraud

    19:33 | 7/12/18
    A foreign exchange trader has pleaded not guilty to running a Ponzi scheme to defraud his clients of more than $7 million.  more»
  • Trout, Blakeley named for fuel pipeline inquiry

    17:08 | 7/12/18
    Dec. 7 (BusinessDesk) - Elena Trout and Rodger Blakeley have been appointed by the government to examine last year’s fuel pipeline shutdown in Northland and identify any lessons it has for the resilience of the country’s fuel supplies. more»
  • Joint facility construction facing a delay

    16:04 | 7/12/18
    Lincoln University and AgResearch have been advised by government that more time is required to assess the current business case for construction of their new joint facility. This means the current proposal could not progress before March, when the ... more»
  • Containers a home away from home for drilling workers

    15:36 | 7/12/18
    With 29 shipping containers on site – and beds for almost 50 workers – Northland’s Ngawha Geothermal Power Station site is the largest accommodation project container specialists Royal Wolf has undertaken in New Zealand. more»
  • “Careless” diesel spill results in fine for mining company

    15:13 | 7/12/18
    “Careless” diesel spill results in fine for mining company A west coast mining company has been convicted and fined $60,750 for discharging 4000 litres of diesel into a stream last year. The case was brought against Taharoa Ironsands Limited following ... more»
  • ASB appoints Executive General Manager David Bullock

    14:31 | 7/12/18
    Friday 7 December 2018 ASB appoints David Bullock as Executive General Manager Technology and Operations  more»
  • NZ wholesale trade up 2.5% in 11th straight quarterly rise

    14:19 | 7/12/18
    Dec. 7 (BusinessDesk) - New Zealand's wholesale trade rose for the 11th straight quarter with kiwifruit exports the standout performer.  more»
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