NZ dollar steady ahead of RBA speech, NZ rate decision

The New Zealand dollar was little changed ahead of a key speech by the Reserve Bank of Australia's governor tonight and an official cash rate decision by the local central bank tomorrow.The kiwi was trading at 62.96 US cents at... Source: NZ Herald Business News

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

H&M to open quarter-hectare Westfield Newmarket store, now seeking 50 staff

Swedish fashion retailer H&M plans to open a quarter-hectare store at Westfield Newmarket just before Christmas, taking space in the $790 million Auckland development where 40 of 230 new shops are now trading."H&M, Hennes & Mauritz... Source: NZ Herald Business News

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

Hastings Blossom Parade a media darling in China

Hastings has been in the top five New Zealand cities covered by China's largest news agency, Xinhua, over the past few months – with a focus on the Amazing China-Hastings Year of Tourism project.The Hastings Blossom Festival is... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

What's happening in the Hawke's Bay business world?

Unison Engineering Scholarship offers bright future Electricity distributor Unison Networks have announced they will be offering an Engineering Scholarship to the value of $10,000 per year of study to one lucky student. The scholarship... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

Mood of the boardroom: How business rates the Government

Business leaders say the Government's failure to execute its key policies in a timely manner and inability to stoke business confidence is fueling an overall loss of confidence in the New Zealand economy.Two years into its term... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

World Cup headaches: Spark Sport boss confident, share price drops, Prime Minister weighs in

Spark Sport's boss has promised customers the telco will deliver the remaining matches for the Rugby World Cup after a rocky weekend.It's been a turbulent few days for Spark after many All Blacks and South Africa viewers encountered... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

Gains of CPTPP Trans-Pacific trade deal yet to be seen, say economists

Companies like Cookie Time Limited are doing well out of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), but substantial gains are still to be felt, according to leading commentators and economists... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

Foreign ownership of NZ stocks drops in June quarter – brokers

Foreign ownership of the New Zealand sharemarket fell by just over two percentage points to 51.5 per cent in the June quarter, mostly due to profit-taking from Australian investors, brokers Forsyth Barr said.Other internationals... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

'They paved paradise': Auckland port carpark sparks anger

Progress on the Ports of Auckland's new waterfront car parking building has sparked anger from a real estate agent who says the higher the building goes, the more it blocks the city seaside.Graham Wall, the agent who sold New Zealand's... Source: NZ Herald Business News

By | September 23rd, 2019|Business|0 Comments

Analysis: Govt will have to pay up to keep construction industry going

If New Zealand's construction industry is to thrive, the bottom line is that clients, particularly government ones, are going to have to pay more for buildings.Steve Killeen, chief executive of Downer's New Zealand operations, spelled... Source: NZ Herald Business News

By | September 22nd, 2019|Business|0 Comments