Saturday, 25 March 2017

Business News

  • While you were sleeping: Nike stock drops

    10:12 | 23/3/17
    Scoop
    March 23 (BusinessDesk) - Wall Street was mixed as a decline in Nike shares offset a gain in stocks of Microsoft and Apple.  more»
  • Additional summer services to Christchurch

    09:56 | 23/3/17
    Scoop
    Singapore Airlines today announced it will again provide supplementary services to and from Christchurch for the 2017/18 summer season. From 30 November 2017 through to 16 February 2018 Singapore Airlines will add an additional 30 flights into Christchurch ... more»
  • Pumpkin Patch brand sold to Catch Group

    09:51 | 23/3/17
    Scoop
    Brendon Gibson and Neale Jackson of KordaMentha, the Receivers of the Pumpkin Patch group, have successfully sold the Pumpkin Patch brand and intellectual property assets to Catch Group, a leading Australian eCommerce Group. more»
  • OCR Announcement - Canstar Comments

    09:44 | 23/3/17
    Scoop
    “After a flurry of increases in mortgage rates over the last quarter, recent weeks have seen a slowdown on this front. However, with lenders remaining reliant on overseas capital to fund their domestic mortgage book further rate increases cannot be ruled ... more»
  • RBNZ OCR held steady at 1.75%, NZD little changed

    09:43 | 23/3/17
    Scoop
    The RBNZ have maintained the Official Cash Rate (OCR) at 1.75%. This was widely expected. There is no Monetary Policy Statement issued at this meeting.  more»
  • Almost 50% sold after just 2 weeks into public release

    09:39 | 23/3/17
    Scoop
    Almost 50 percent of large sections in Queenstown’s newest residential enclave have been sold, or are under contract – after just two weeks of being offered for sale to the public. more»
  • New website launched for proposed Okura development

    09:34 | 23/3/17
    Scoop
    A proposed development north of Auckland featuring residential housing, parks and a 2km long coastal reserve is now the subject of a new information website, launched today by Todd Property.  more»
  • Horticultural stalwarts win Farm Environment Awards

    09:09 | 23/3/17
    Scoop
    Bay of Islands horticultural stalwarts Alan and Helen Thompson have won the Northland Ballance Farm Environment Awards.  more»
  • Official Cash Rate unchanged at 1.75 percent

    09:05 | 23/3/17
    Scoop
    The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.  more»
  • HiFX Morning Update, March 23 2017

    08:45 | 23/3/17
    Scoop
    The NZDUSD opens at 0.7058 (mid-rate) this morning. The NZD has made steady gains against the majority of its trading rivals (the JPY being the exception) as offshore economic data releases fell short of market expectations. The JPY has been the best ... more»
  • Value of international education breaks $100 million mark

    08:32 | 23/3/17
    Scoop
    The Economic Impact of International Education Report 2015/16 for Manawatu Whanganui has found the industry is now worth $100 million in foreign exchange earnings to the region. more»
  • Dairy Industry Awards Winners Thrive on Challenges

    07:37 | 23/3/17
    Scoop
    A former adventure tourism guide and former secondary school teacher have been named as major winners in the 2017 Canterbury-North Otago South Dairy Industry Awards and both say they thrive on a challenge.  more»
  • OMV, STOS Win Big at Inaugural Petroleum Conference Awards

    07:09 | 23/3/17
    Scoop
    OMV and Shell Todd Oil Services were the big winners at the inaugural New Zealand Petroleum Conference awards announced tonight. OMV picked up the awards for Exceptional Health, Safety and Environmental Leadership and for Excellence in Community Partnership ... more»
  • Is health insurance pricing baby boomers out of the market?

    06:57 | 23/3/17
    Scoop
    Auckland, 23 March 2017. As the average cost of health insurance reaches $2,210 per year, over half of people think it is becoming too expensive. For baby boomers rates climb even higher with average costs rising to $3,765 per year.  more»
  • Former F&P Healthcare employee pleads guilty to corruption

    06:34 | 23/3/17
    Scoop
    March 22 (BusinessDesk) - A former employee of Fisher & Paykel Healthcare pleaded guilty to a series of corruption-related charges in the Auckland District Court, the Serious Fraud Office said. more»
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NZDAUD0.92240.00170.18%