Wednesday, 24 July 2019


  • MARKET CLOSE: NZ shares extend gain

    20:50 | 23/7/19
    July 23 (BusinessDesk) - New Zealand shares extended their gain as Mainfreight and A2 Milk Co hit highs on strong demand for the export-focused stocks that have reliably outperformed expectations. Sky Network Television led the market higher.  more»
  • StretchSense directors appoint administrators

    20:46 | 23/7/19
    July 23 (BusinessDesk) - A futuristic textile company awarded $15 million in Callaghan Innovation grants and backed by a government investment fund has been put into voluntary administration.  more»
  • Dollar falls on news RBNZ looking at "unconventional" policy

    20:13 | 23/7/19
    July 23 (BusinessDesk) - The New Zealand dollar fell after the Reserve Bank released information showing it is at a "very early stage” in refreshing its “unconventional monetary policy strategy." more»
Major Indices
Recent News
  • Wrightson capital return gets shareholder approval

    20:01 | 23/7/19
    July 23 (BusinessDesk) - PGG Wrightson shareholders have again given the rural services firm the thumbs up to a capital return in a tax-efficient way.  more»
  • Landmark report shows value of pesticides to NZ

    20:00 | 23/7/19
    The New Zealand Institute of Economic Development today released a landmark report, showing that New Zealand’s economy would lose up to $11.4 billion without crop protection products – and that crops would lose 30 percent of their value overall. ... more»
  • Out with the skilled; In with the old and inexperienced

    16:54 | 23/7/19
    As immigration issues threaten to prohibit the number of skilled labourers to New Zealand, businesses may need to reconsider their bias against mature and inexperienced workers if they want to succeed long-term. With technically skilled labourers becoming ... more»
  • Morrison & Co eyes asset sales from first PIP Fund

    16:06 | 23/7/19
    July 23 (BusinessDesk) - The HRL Morrison-managed PIP Fund 1 has hired an adviser to test the waters for a buyer of its social infrastructure assets.  more»
  • Improved transmission pricing may save $2.7 bln

    15:24 | 23/7/19
    July 23 (BusinessDesk) - Changes proposed to the way electricity transmission costs are shared could deliver about $2.7 billion in benefits to consumers during the next 30 years, the Electricity Authority says. more»
  • Recruitment firms Hunter Campbell and Numeric join forces

    15:06 | 23/7/19
    Specialist recruitment firms Hunter Campbell and Numeric have joined forces to create Hunter Campbell Waikato. Cambridge-based Numeric, which specialises in Tax recruitment as well as Accounting and Finance, will now operate as Hunter Campbell Waikato following ... more»
  • FMA issues Stop Order against Syndicated Trusts Limited

    14:55 | 23/7/19
    The Financial Markets Authority (FMA) has issued a Stop Order against Syndicated Trusts Limited (STL), ordering the company to stop advertising or accepting money for financial products. more»
  • No money for unsecured creditors

    14:35 | 23/7/19
    July 23 (BusinessDesk) - The receivers of former Masport firm Precision Foundry say unsecured trade creditors and unsecured employees - who have claims of about $4.07 million - are unlikely to get anything.  more»
  • Jupl Goes Fully Mobile

    14:04 | 23/7/19
    Jupl, New Zealand’s leading developer of health and safety solutions, announces the release of its ‘Bring Your Own Device’ personal monitoring solution.  more»
  • Australasia’s first HubSpot Diamond partner, Master Trainer

    13:40 | 23/7/19
    A marketing agency in Christchurch is the first company in Australia and New Zealand to reach Diamond Partner and Master Trainer status for international software company HubSpot.  more»
  • RBNZ to Refresh Unconventional Policy Strategy

    12:21 | 23/7/19
    In response to an Official Information Request from Bloomberg, the RBNZ has stated they are taking another look at its strategy for unconventional monetary policy.  more»
  • Horticulture industry needs faster approvals from the EPA

    12:07 | 23/7/19
    Horticulture New Zealand says the Environmental Protection Agency (EPA) needs to speed up its approval of crop protection products, particularly those that are the most environmentally friendly. more»
  • NZ dollar tad weaker, ECB, Federal Reserve in focus

    11:02 | 23/7/19
    July 23 (BusinessDesk) - The New Zealand dollar was slightly weaker ahead of upcoming rate decisions by the European Central Bank and the US Federal Reserve.  more»
  • FMA sets out key focus areas for the year ahead

    10:56 | 23/7/19
    The FMA today published its Annual Corporate Plan (ACP), which outlines its work plan for the next financial year and sets objectives for raising standards of behaviour across financial services. The development of the 2019-20 ACP is based on a new sector-based ... more»
  • Government Policy Statement needed to solve pricing drama

    10:55 | 23/7/19
    The release today of the Electricity Authority’s report on transmission pricing methodology (TPM) confirms Vector’s firm view that a Government Policy Statement is needed to shape a transmission pricing regime that is fair for all New Zealanders. more»
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