Tauranga's new valuations are in: See how your rates could be affected

Tauranga property values have risen 48 per cent since 2015 according to new council valuations that will impact how much rates each homeowner will pay over the next three years.Skyrocketing home values in Mount Maunganui have put... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Lion Air pilots battled for control as faulty sensor sent flight plunging into the sea, says report

A malfunctioning sensor and an automated response from the aircraft's software stymied pilots' efforts to control a doomed Indonesian flight that went careening into the sea, a preliminary report released by investigators found Wednesday.The... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Powell: US economy healthy and rate hikes aren't automatic

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Donald Trump tests the limits of his presidential authority with threat to General Motors

President Donald Trump tested the limits of his presidential authority and political muscle as he threatened to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the US.Trump unloaded on... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Duncan Bridgeman: Insuring for climate change just got harder

Should taxpayers subsidise people who choose not to insure their homes?This was the burning question that arose at last week's Insurance Council conference at SkyCity in Auckland where insurers were briefed on industry trends in... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Liam Dann: Huawei decision will damage China relationship

COMMENT: Today's GCSB decision , to ban Spark from working with Chinese telco Huawei, is a huge call that will further damage already strained relations with Beijing.For this to have been announced to the world via Spark press... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

As shutdown looms, Trump and GOP leaders discuss border wall

WASHINGTON (AP) — With a partial government shutdown possible in just 10 days, President Donald Trump met with Republican leaders to hash out a spending plan that includes funding for Trump's proposed border wall with Mexico.Trump... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

Trump tests presidential limits by threat to General Motors

WASHINGTON (AP) — President Donald Trump tested the limits of his presidential authority and political muscle as he threatened to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S.Trump... Source: NZ Herald Business News

By | November 28th, 2018|Business|0 Comments

New joint venture formed to convert pig poop to power

RICHMOND, Va. (AP) — The world's largest pork company is teaming up with a major energy company to turn pig manure into renewable natural gas.Smithfield Foods and Dominion Energy announced a joint venture partnership Tuesday to... Source: NZ Herald Business News

By | November 27th, 2018|Business|0 Comments

US trade deficit grows, despite Trump's promises

Greg Owens wants to sell his company's stainless-steel flatware to customers in Britain and Australia. Only one thing stands in his way: the strength of the US dollar.Owens' company, Liberty Tabletop, the last stainless steel flatware... Source: NZ Herald Business News

By | November 27th, 2018|Business|0 Comments