Mike Hosking: Reserve Bank Governor pushing his angst into our pockets

COMMENT Our esteemed Reserve Bank Governor is back from the Jackson Hole chin-wag and has resumed his guns-at-dawn scrap with the banks over the amount of money they have to stash away just in case the world ends. Maybe at Jackson... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

Auckland mega-mall Westfield Newmarket opens doors after 18 months under construction

Auckland's Westfield Newmarket will set the benchmark for New Zealand retail, a manager from the Australian-owned shopping mall operator says.The first stage of the mega-mall located at 277 Broadway opens its doors to the public... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

Is Facebook backing away from its 'always free' promise?

A subtle change on Facebook's login page has sparked a controversy that the social media giant may start charging users. Business Insider recently pointed out that Facebook quietly changed its slogan in their homepage where people... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

Burger King manager suggests staff work after clocking out

By Liu Chen of RNZ An Auckland fast food restaurant worker says they were asked to effectively continue working after clocking out.A screenshot showed a message was sent in a WhatsApp group chat named Burger King Queen Street... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

Spark Sport returns to full-blooded video – but gets in a jam with LG

Earlier this month, after some fans complained about what they thought was degraded video quality, Spark Sport admitted it had downgraded its video stream from 60 frames per second to 30 frames per second.The rationale was that... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

NZ shares rise; F&P Healthcare jumps on modest earnings upgrade

New Zealand shares rose, led higher by Fisher & Paykel Healthcare on a modest increase in forecast earnings. Port of Tauranga rose as record cargo volumes underpinned its profit gain. The S&P/NZX 50 Index advanced 113.01 points,... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

NZ dollar falls amid uncertainty over US-China trade war

The New Zealand dollar fell amid continuing negative sentiment over the US-China trade war and possibly on corporate flows, although dealers were mystified what they could be.The kiwi was trading at 63.34 US cents at 5:05pm in Wellington,... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

A good day for Port of Tauranga shareholders as new frontiers crossed

Christmas has come early for Port of Tauranga shareholders with their company cracking the $100 million net profit mark, moving up into 'A' credit rating territory with Standard & Poors, and extending a special dividend payment programme... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

David Parker blocks West Coast hydro proposal

A 20-megawatt hydro scheme on the West Coast has been blocked by Environment Minister David Parker due to its impact on the pristine and outstanding nature of the Morgan Gorge.The $100 million development, proposed by Greymouth-based... Source: NZ Herald Business News

By | August 28th, 2019|Business|0 Comments

Revealed: What former ANZ boss David Hisco paid for Sir John Key's Omaha holiday home

Property records obtained by the Herald reveal for the first time the price former ANZ boss David Hisco paid for an Omaha property previously owned by the bank's local chairman, Sir John Key.This comes as Hisco's property transactions... Source: NZ Herald Business News

By | August 27th, 2019|Business|0 Comments