Reserve Bank of Australia cuts cash rate target to 3.60%
The Reserve Bank of Australia has cut its Official Cash Rate target to 3.6%. Source: NZ Herald Business News
NZ industrial gas crisis: Rising costs force businesses to cut operations
Gas users are curtailing operations due to rising costs. Source: NZ Herald Business News
Inside story: The bitter battle to curb ETS-driven forestry conversions of land
Farmer groups argue forestry is taking over productive sheep farming land. Source: NZ Herald Business News
Late selling drives NZ sharemarket down – Market close
New Zealand fell in late trading after a strong week. Source: NZ Herald Business News
NZ corporate bond issuance shifts overseas, local market slows
Companies are increasingly seeking overseas funding, slowing NZ bond issuance. Source: NZ Herald Business News
New Zealand will be worse off than its competitors under new US 15% tariff regime, international business group warns
The change will make it harder for NZ to compete with Australia in beef exports to the US. Source: NZ Herald Business News
Increased US tariffs drive NZ stocks lower – Market close
Fisher and Paykel Healthcare shares fell 2.17% because of the tariff increase. Source: NZ Herald Business News
US slaps 15% tariff on NZ goods
The White House has revised the tariff on New Zealand goods to 15% from 10%. Source: NZ Herald Business News
Shane Jones unveils plan to double geothermal energy by 2040
The Government has allocated $60 million to fund research into the resource. Source: NZ Herald Business News
Infratil and Ebos help drive NZ stocks higher – Market close
Infratil helped New Zealand's sharemarket end the week on a positive note. Source: NZ Herald Business News