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Daily Market Report
for 20/09/2018
Inland Revenue firmly focussed on bright-line – Richard Owen
19 Sep 2018 14:23 Scoop
Any suggestion that Inland Revenue has taken its eye off the ball when it comes to property investors is thoroughly misleading.  more...
Synlait Milk almost doubles annual profit
19 Sep 2018 13:28 Scoop
Sept. 19 (BusinessDesk) - Synlait Milk, the best performing stock on the benchmark NZX index this year, almost doubled annual profit and lifted its margins while outlining plans for further expansion into value-added dairy products.  more...
Annual current account deficit widens to $9.5 billion
19 Sep 2018 10:55 Scoop
New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today.  more...
NZ annual current account deficit widest in nine years
19 Sep 2018 14:24 Scoop
Sept. 19 (BusinessDesk) - New Zealand posted its widest annual current account deficit in nine years in the June quarter as foreign-owned firms reaped bigger income from their domestic operations than Kiwi companies did overseas.  more...
Tarakihi catch reduction supported
19 Sep 2018 14:21 Scoop
Fisheries Inshore New Zealand (FINZ) is supportive of the announcement today that tarakihi catch on the east coast will be reduced by 20 percent while the commercial fishing industry works on a plan to rebuild the stock.  more...
Near-record exports see current account deficit shrink
19 Sep 2018 10:54 Scoop
New Zealand's seasonally adjusted current account deficit reduced to $2.7 billion for the June 2018 quarter, Stats NZ said today.  more...
HiFX Data Update - NZ Q2 Current Account Release
19 Sep 2018 11:05 Scoop
The NZ Current Account Balance for Q2 2018 has just been released. The Current Account Deficit was worse than expected (larger deficit) : Current Account Balance Q2 $1.62 bio Deficit (Consensus $1.32 bio Deficit) Current Account Balance (seasonally adjusted) ...  more...
Consumer confidence falls to six-year low
19 Sep 2018 13:03 Scoop
Sept. 19 (BusinessDesk) - Consumer confidence fell to a six-year low in the September quarter as New Zealand households fret about the outlook for their own finances and the general economy, according to the latest Westpac McDermott Miller survey.  more...
Seafood species maintain sustainability tick
19 Sep 2018 16:50 Scoop
New Zealand hoki, hake, ling & southern blue whiting fisheries achieve recertification These fisheries are all recertified without conditions for another 5 years Landmark third recertification for the New Zealand hoki fisheries, first certified in 2001  more...
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