FinData: Daily Market Report

Regional Council publishes Napier Port decision papers

14 Dec 2018 16:20

Scoop

Hawke’s Bay Regional Council says papers informing decisions on how best to fund Napier Port’s expansion have been uploaded onto the Regional Council’s website today and interested parties are encouraged to read them. The papers have been uploaded ... more...

Kiwifruit Industry’s big push for Seasonal Labour

14 Dec 2018 19:42

Scoop

Labour shortage likely for BOP kiwifruit industry in 2019 Kiwifruit Industry launches attraction campaign for pickers and packers New Labour Coordinator role for BOP kiwifruit industry formed with support from the Provincial Growth Fund, the Ministry of Social ... more...

NZ dollar drops below US68c on plan to up bank capital

14 Dec 2018 20:38

Scoop

Dec. 14 (BusinessDesk) - The New Zealand dollar fell below 68 US cents for the first time in two weeks after the Reserve Bank outlined plans for lenders to hold greater capital reserves, which would likely boost borrowing costs and slow the economy. more...

New role may alleviate kiwifruit labour shortage

14 Dec 2018 15:34

Scoop

Dec. 14 (BusinessDesk) - The New Zealand kiwifruit growers' association says it has gained support from the government’s Provincial Growth Fund and the Ministry of Social Development to employ a labour coordinator to try to alleviate an expected ... more...

Rural Insight – Sheepmeat hitting record returns.

14 Dec 2018 16:14

Scoop

Ten years ago the sheep farming sector in New Zealand was facing some tough assaults upon its claim as one of the country’s most important export sectors. more...

Govt provides $2.5 mln to develop Opotiki aquaculture

14 Dec 2018 16:08

Scoop

Dec. 14 (BusinessDesk) - The government has committed more than $2.5 million from the Provincial Growth Fund to help expand marine farming at Opotiki. more...

Big four banks face stiffer capital requirements from RBNZ

14 Dec 2018 20:30

Scoop

Dec. 14 (BusinessDesk) - The big four Australian-owned banks will have to hold on to more of their domestic earnings over the next five years if the Reserve Bank goes ahead with its proposal for stricter capital requirements. more...

Noel Leeming fined $200,000 for misleading consumers

14 Dec 2018 16:32

Scoop

Retailer Noel Leeming Group Limited (Noel Leeming) has today been fined$200,000 for misleading consumers about their rights under the Consumer Guarantees Act (CGA), following a Commerce Commission prosecution. more...

MARKET CLOSE: NZ shares fall as investor uncertainty weighs

14 Dec 2018 21:10

Scoop

MARKET CLOSE: NZ shares fall as investor uncertainty weighs on exporters; F&P Health, A2 drop more...