Monday, 27 May 2019

Latest News

  • The NZD opens at 0.6497

    08:56 | 23/5/19
    Scoop
    Pretty quiet last 24 hours, with the Kiwi trading in tight ranges. We do however open under 0.6500, which psychologically is not going to be nice for importers to wake up to. NZ retail sales very slightly beat expectations yesterday, but not enough ... more»
  • MARKET CLOSE: NZ shares edge up; Infratil gains

    20:47 | 22/5/19
    Scoop
    May 22 (BusinessDesk) - New Zealand shares edged higher, with Infratil one of the most active stocks when it resumed trading after being halted for a $100 million placement last week.  more»
  • NZ dollar trades near 2019 low on Aussie rate outlook

    20:46 | 22/5/19
    Scoop
    May 22 (BusinessDesk) - The New Zealand dollar was little changed as investors bet on an Australian rate cut in June, continue to fret about the United States-China trade war and as elections for the European Parliament get underway in 28 countries. more»
  • Five new vehicles achieve 5 star safety ratings

    20:09 | 22/5/19
    Scoop
    Five new vehicles achieve 5 star safety ratings A mix of new Japanese and European vehicles have been awarded 5 star safety ratings by ANCAP.  more»
  • Solid Autumn Results

    20:05 | 22/5/19
    Scoop
    Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 140 more lifestyle property sales (+8.7%) for the three months ended April 2019 than for the three months ended March 2019. Overall, there were 1,752 lifestyle property ... more»
  • Interesting Developments in the Marketplace

    20:04 | 22/5/19
    Scoop
    Interesting Developments in the Marketplace Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 56 less farm sales (-13.4%) for the three months ended April 2019 than for the three months ended April 2018. Overall, ... more»
  • Investment surge set to propel NZ tech exports

    20:01 | 22/5/19
    Scoop
    Annual TIN ‘Investor’s Guide to the NZ Technology Sector’ reinforces the compelling case for international investment in Kiwi tech innovations  more»
  • Farmers retail receives an ‘F’ for performance from staff

    17:33 | 22/5/19
    Scoop
    Farmers retail workers have long been subject to an unfair performance pay system and have decided it’s time to grade their employer. They agreed on an F-rating for performance over Farmers’ refusal to pay the Living Wage and the company’s ... more»
  • MediaWorks breakeven stymied by radio

    17:31 | 22/5/19
    Scoop
    May 22 (BusinessDesk) - It’s tough being a media company. And nowhere is this more apparent than for MediaWorks Investments, home of the Three TV channel, the Edge and More radio stations, among others. more»
  • George R.R. Martin is coming?

    17:17 | 22/5/19
    Scoop
    Air New Zealand is thrilled to have received a response from Game of Thrones author George R.R. Martin to its invite to visit New Zealand to finish off the remaining novels in the series. The airline posted a tweet on Monday in Valyrian – a language ... more»
  • Loan-to-value restrictions effective but have some drawbacks

    16:43 | 22/5/19
    Scoop
    Loan-to-value restrictions effective but have some drawbacks - RBNZ  more»
  • Parliament is a workplace

    16:42 | 22/5/19
    Scoop
    In an environment where hierarchy drives inflated egos due to status versus job title and function versus role, it is important to remember that Parliament is still just a workplace. And while it has undertaken a necessary review of its people behaviours ... more»
  • Banking Ombudsman Scheme retains high levels of awareness

    16:34 | 22/5/19
    Scoop
    The Ministry of Business, Innovation and Employment has today released the results of a survey it conducts every two years to find out what New Zealanders know about their consumer rights and how to deal with consumer problems. The survey has confirmed ... more»
  • NZCB’s building guarantee now providing $5 billion in cover

    16:06 | 22/5/19
    Scoop
    NZCB’s building guarantee now providing $5 billion in cover to Kiwi homeowners  more»
  • Yili deal a timely cash injection for Westland farmers - ANZ

    16:00 | 22/5/19
    Scoop
    May 22 (BusinessDesk) - Westland Milk Products farmers will bank - on average - $572,000 from the sale of their shares to Inner Mongolia Yili Industrial Group if the deal goes ahead, says ANZ Bank New Zealand. more»
Global Indices
CodeLastChange
COMP7,63790.11%
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Currencies
CodeLastChange
EURUSD1.1190.0010.12%
NZDUSD0.65460.00050.08%
AUDUSD0.69230.00040.06%
NZDAUD0.94540.00030.03%