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Sunday, 24 March 2019

Latest News

Responsible Fisheries Programme reaches third phase
13:02 | 23/3/19

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Responsible Fisheries Programme reaches third phase as fishers gear up to trial Electronic Reporting (ER) systems more»
MARKET CLOSE: NZ shares climb to record on low rate outlook
21:18 | 22/3/19

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March 22 (BusinessDesk) - New Zealand shares rose to a record as the prospect of low interest rates for even longer stoked demand for companies offering regular income such as Meridian Energy and Mercury NZ. Synlait Milk extended its recovery from a ... more»
NZD headed for 0.6% weekly gain against greenback
20:04 | 22/3/19

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March 22 (BusinessDesk) - The New Zealand dollar is headed for a 0.6 percent weekly gain after getting a lift from a more dovish US Federal Reserve and solid fourth-quarter domestic growth data. more»

PREVIEW: RBNZ tipped to keep cash rate at 1.75%
19:40 | 22/3/19

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PREVIEW: RBNZ tipped to keep cash rate at 1.75%, reiterate next move could be up or down more»
Sky TV hires Deloitte partner as fill-in CFO
19:39 | 22/3/19

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March 22 (BusinessDesk) - Sky Network Television has hired Deloitte Audit & Advisory partner Andrew Dick as interim chief financial officer while the pay-TV operator seeks a replacement for veteran Jason Hollingworth. more»
Vector fined $3.6 mln in industry first
19:37 | 22/3/19

Scoop
March 22 (BusinessDesk) - Vector, the country’s biggest electricity distributor, has been fined almost $3.6 million for breaching its reliability standards in the 2015 and 2016 financial years. more»
Label it Right Initiative Launched by Spirits New Zealand
16:27 | 22/3/19

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An initiative aimed at lifting compliance with alcohol labelling laws was launched by Spirits New Zealand today. “ Label it Right ” will see information sent to trade detailing what a legal alcohol label looks like as well as allowing illegally ... more»
Dry weather cutting dairy production, boosting power costs
15:56 | 22/3/19

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March 22 (BusinessDesk) - New Zealand milk production fell from year-earlier levels for the first time in 11 months in February due to dry weather. more»
KiwiSaver manager Milford dumps $14m of Facebook shares
15:42 | 22/3/19

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March 21 (BusinessDesk) - KiwiSaver fund manager Milford Asset Management dumped its shareholdings in social media giant Facebook on Monday and joined the call from government-backed retirement fund managers for Facebook, Google and Twitter to take ... more»
Vector penalised $3.5 million for excessive level of outages
12:27 | 22/3/19

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Auckland electricity lines company Vector Limited has been ordered by the Auckland High Court to pay a penalty of $3.575 million for breaching its network quality standard through an excessive level of power outages. more»
Network for Learning welcomes Colin MacDonald as new Chair
11:50 | 22/3/19

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Crown Company Network for Learning (N4L) welcomes the appointment of Colin MacDonald as its new Chair. more»
Data and doves
11:49 | 22/3/19

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Stronger European and US data complemented confirmed Federal Reserve dovishness to drive assets higher in overnight trading. A modest lift in the US dollar saw most commodities retreat from recent highs. There was a distinct contrast between continental ... more»
ExportNZ Awards entries open to cream of Bay crop
11:12 | 22/3/19

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Entries are open for the 29th annual Bay of Plenty ExportNZ Awards, which celebrate the cream of the Bay’s export crop. more»
NZ dollar dips back below 69 US cents, focus shifting to RBN
11:07 | 22/3/19

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March 22 (BusinessDesk) - The New Zealand dollar fell back below 69 US cents after better-than-expected US data and uncertainty over US-China trade and Brexit. more»
Top Energy's geothermal expansion to cut lines charges
10:30 | 22/3/19

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March 22 (BusinessDesk) - Lines company Top Energy says a $300 million expansion of its geothermal development at Ngawha will fundamentally change the shape of its business and enable it to slash electricity costs for the region’s 64,000 residents. more»

Global Indices

Code	Last	Change
COMP	7,643	196	2.50%
DJI	25,502	460	1.77%
SP500	2,801	54	1.90%
DAX	13,466	236	1.78%
FTSE	7,488	5	0.07%
NI225	22,420	408	1.86%
TWI	73.42	0.14	0.19%

Code	Last	Change
EURUSD	1.130	0.007	0.65%
NZDUSD	0.6873	0.0014	0.20%
AUDUSD	0.7079	0.0035	0.49%
NZDAUD	0.9707	0.0026	0.27%


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