Most public companies failing to report on environmental impact

New Zealand's publicly listed companies are doing a good job of reporting on their gender balance but have yet to get on board with revealing their impact on the environment or what they are doing to address the impact of climate... Source: NZ Herald Business News

By | September 25th, 2019|Business|0 Comments

NZ shares mixed; yield stocks back in vogue, Air NZ gains

New Zealand shares outperformed the rest of Asia, edging higher as yield stocks such as Trustpower and Infratil were back in favour among investors. Air New Zealand rose as rival Jetstar signalled it will stop flying regional routes.... Source: NZ Herald Business News

By | September 25th, 2019|Business|0 Comments

Reserve Bank nudges Beehive with call for fiscal stimulus

COMMENT: After raising alarm with a larger than expected interest rate cut in August, the Reserve Bank is now priming the Government to be ready when it runs out of ammunition.The central bank left the official cash rate (OCR)... Source: NZ Herald Business News

By | September 25th, 2019|Business|0 Comments

NZ dollar eases after short-lived technical rally

The New Zealand dollar was slightly weaker against the US dollar despite spiking on less-dovish-than-expected commentary when the Reserve Bank's monetary policy committee held the official cash rate steady.The kiwi was trading at... Source: NZ Herald Business News

By | September 25th, 2019|Business|0 Comments

Liam Dann: Why old men are triggered by Greta Thunberg

COMMENT When I saw the clip of 16-year-old climate activist Greta Thunberg speaking at the UN I bristled.A critical voice in my head spoke up."Why is she so overly dramatic?" the voice said."I bet it's not going to be as bad... Source: NZ Herald Business News

By | September 25th, 2019|Business|0 Comments

Shane Jones' warning for Air New Zealand after Jetstar withdraws from regions

Regional economic development minister Shane Jones said he was "immensely disappointed" at the withdrawal of the Jetstar airline from regional routes. READ MORE:• Jetstar: So long, and thanks for all the cheap flights He's... Source: NZ Herald Business News

By | September 25th, 2019|Business|0 Comments

Travel trend Thomas Cook completely missed

If you want someone to blame for the failure of Thomas Cook, you can point the finger at me. I did it.I didn't single-handedly sink one of the world's oldest and greatest travel brands. But it was me, and millions like me, who were... Source: NZ Herald Business News

By | September 24th, 2019|Business|0 Comments

Women's shoe company Ziera Retail placed in administration

Women's footwear business Ziera Retail, which has 140 staff in this country, has been placed into voluntary administration.Ziera was formerly known as Kumfs and has 22 stores in New Zealand and 23 stores in Australia where it employs... Source: NZ Herald Business News

By | September 24th, 2019|Business|0 Comments

Pure Elite Holdings loses $270m claim over infant formula factory

A company which had claimed $270 million in damages has failed in a court pursuit of its former business partner after plans to build an infant formula plant came undone. While the company, Pure Elite Holdings, did not succeed,... Source: NZ Herald Business News

By | September 24th, 2019|Business|0 Comments

NZ shares fall as A2 hits 7-month low

New Zealand shares fell, as a seven-month low for A2 Milk outweighed the revival in appetite among investors for high-yielding stocks such as Meridian Energy and Chorus. The S&P/NZX 50 Index fell 14.62 points, or 0.1 per cent, to... Source: NZ Herald Business News

By | September 24th, 2019|Business|0 Comments