COMMENT I am not sure why, but I had assumed the Reserve Bank would move on LVRs yesterday. The same way I assumed they wouldn't cut the OCR the other day.There was logic for not cutting the interest rates, but there seems little... Source: NZ Herald Business News
NZ shares rose as Fisher & Paykel Healthcare gained, cracking $12 billion in market value after lifting first-half profit. Fisher & Paykel , which raised its annual earnings outlook in October, was up by 1.6 per cent to $21.10... Source: NZ Herald Business News
The New Zealand dollar remained stalled amid increasingly positive signs the US and China will soon sign a preliminary trade deal and after Federal Reserve chair Jerome Powell made it clear further US interest rate cuts are unlikely.The... Source: NZ Herald Business News
Westpac has been accused of hypocrisy for hosting an extravagant lunch dedicated to the fight against human trafficking, while potentially helping to facilitate child sex trafficking behind the scenes.It has emerged that the 200-year-old... Source: NZ Herald Business News
There's no trial runs for landing at a new airport for pilots but Air New Zealand captain Wayne Swinburne says standard operating procedures and training take any guesswork out.At the weekend he commanded the first flight into Seoul... Source: NZ Herald Business News
A High Court judge has rejected Richard Yan's attempt to fend off bankruptcy proceedings brought by the liquidators of Mainzeal. READ MORE:• Mainzeal case: $36m penalty stands against Jenny Shipley, other directors In February,... Source: NZ Herald Business News
A four-star hotel is planned for Dent St in Whangārei after a deal stemming from the construction of the Hundertwasser Art Centre.The announcement has been welcomed by Whangārei mayor Sheryl Mai and councillors, while... Source: NZ Herald Business News
There's no escaping the influence of global competition and the effect it has on your business, however protected you may have felt in the past. So, you can either turn your back on the tsunami or you can use it to motivate change.... Source: NZ Herald Business News
By RNZ A woman who stole $250,000 from a kura and used some of it to fund her gambling habit has been sentenced to 10 months' home detention and 150 hours of community work.Kim Symes, 51, was sentenced in the Manukau District... Source: NZ Herald Business News
As expected, A2 Milk chief executive Jayne Hrdlicka has sold a further A$2 million ($2.1m) worth of time-based share rights granted in relation to her transition to the company last year.In a stock exchange announcement, the company... Source: NZ Herald Business News