Latest Finance Headlines

NZ dollar touches fresh 4-month high vs. A$

Thu, 27 Nov 2014 08:46:47 +1300 | BusinessDesk

Nov. 27 (BusinessDesk) - The New Zealand dollar touched a fresh four-month high against the Australian dollar after the Aussie broke through a key support level amid speculation the country's central bank may cut interest rates to bolster the economy.More >>

NZDUSD in the hands of US data dump tonight

Wed, 26 Nov 2014 16:29:45 +1300 | ThinkForex

Whilst the Kiwi Dollar remains firmly in the 77c-80c range there is a glimmer of hope for the Kiwi bulls, judging by recent US price action. More >>

New Chair of Financial Markets Authority

Wed, 26 Nov 2014 15:02:43 +1300 | New Zealand Government

Commerce and Consumer Affairs Minister Paul Goldsmith today announced the appointment of Murray Jack as the new chair of the Financial Markets Authority (FMA). More >>

MRP rejects carbon farmer's carbon unit top-up claim

Wed, 26 Nov 2014 14:36:15 +1300 | BusinessDesk

Nov. 26 (BusinessDesk) - MightyRiverPower has claimed in the High Court it shouldn’t have to pay for carbon units issued for years prior to the start of its contract with New Zealand Carbon Farming in 2013, which it entered as part of its effort to ...More >>

Household savings rate positive for five years

Wed, 26 Nov 2014 14:25:30 +1300 | New Zealand Government

New Zealand households have together saved more than they spent over the past five consecutive years – the first time this has happened since 1989-94, Finance Minister Bill English says.More >>

Pumpkin Patch stock sinks to record low on capital concerns

Wed, 26 Nov 2014 12:58:07 +1300 | BusinessDesk

Pumpkin Patch stock sinks to record low on concern ailing retailer may seek more capital More >>

Keep documents, read them, and ask questions

Wed, 26 Nov 2014 12:20:21 +1300 | Insurance And Savings Ombudsman

Insurance & Savings Ombudsman Karen Stevens says customers of financial advisers should keep all documents, read them carefully, and always ask questions. More >>

NZVIF Investment Report

Wed, 26 Nov 2014 12:08:47 +1300 | NZ Venture Investment Fund

The New Zealand Venture Investment Fund has partnered with 10 venture capital funds and 14 angel investment funds or networks. It operates two funds – the $260 million1 Venture Capital Fund and the $40 million Seed CoInvestment Fund. Alongside its ...More >>

Dorchester more than doubles 1H earnings, lifts guidance

Wed, 26 Nov 2014 11:40:27 +1300 | BusinessDesk

Nov. 26 (BusinessDesk) - Dorchester Pacific, the finance and insurance firm buying Turners Group, more than doubled first-half earnings with the contribution from recent acquisitions and lifted full-year guidance.More >>

New Zealand Digest: The 'lowflation' conundrum

Wed, 26 Nov 2014 11:26:42 +1300 | HSBC Bank

New Zealand’s economy continues to outperform the rest of the OECD, with y-o-y growth running at +3.9% through to the middle of the year. Ordinarily, such strong growth would generate additional inflationary pressures and, indeed, this was expected ...More >>

Energy Mad secures $284,000 in funding from Superlife

Wed, 26 Nov 2014 09:01:19 +1300 | BusinessDesk

Nov. 26 (BusinessDesk) - Energy Mad, the energy efficient lightbulb marketer, secured $284,000 in funding from shareholder Superlife to help support its local and overseas growth plans.More >>

NZ dollar rises vs. A$ after RBA's Lowe talks down currency

Wed, 26 Nov 2014 08:45:55 +1300 | BusinessDesk

NZ dollar rises to 4-month high vs. A$ after RBA's Lowe talks down currency More >>

Vector cleared to buy Meridian's Arc metering business

Wed, 26 Nov 2014 08:42:28 +1300 | BusinessDesk

Nov. 26 (BusinessDesk) - Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business.More >>

Figured and LIC Announce Partnership

Tue, 25 Nov 2014 15:06:20 +1300 | Figured

AUCKLAND, NZ. - November 25, 2014 – Figured, ( www.figured.com ), New Zealand’s innovative farm financial management software provider, and farmer-owned co-operative LIC (NZX:LIC) today announced a new strategic partnership combining LIC’s leading ...More >>

Collins Inquiry - Statement from Mr Adam Feeley

Tue, 25 Nov 2014 14:50:21 +1300 | Adam Feeley

"I am pleased that the inquiry was undertaken and with the outcome announced today, especially given the unprecedented level of speculation, criticism and comment around investigations into the collapse of finance companies - much of which bore little ...More >>

Shamubeel Eaqub appointed to ADC Executive Board

Tue, 25 Nov 2014 14:48:36 +1300 | ADC

New Zealand-based microfinance charity ADC is delighted to announce the election of prominent economist Shamubeel Eaqub as a member of its Executive Board. More >>

Kiwis Embrace the Spirit of Giving This Christmas

Tue, 25 Nov 2014 10:23:28 +1300 | Mastercard

Auckland, New Zealand – November 25, 2014 – Kiwis are embracing the spirit of giving this Christmas, with new figures revealing that a majority of us will be looking to purchase gifts for six or more people this festive season.More >>

Heartland Bank profit rises 13% in Sept. quarter

Tue, 25 Nov 2014 09:06:15 +1300 | BusinessDesk

Nov. 25 (BusinessDesk) - Heartland Bank, the banking subsidiary of NZX-listed Heartland New Zealand, reported a 13 percent increase in profit in the three months to Sept. 30 on an increase in interest income while borrowing costs fell.More >>

Abano agrees to sell orthotics business, taking 'small loss'

Tue, 25 Nov 2014 08:45:39 +1300 | BusinessDesk

Nov. 25 (BusinessDesk) - Abano Healthcare Group. the medical investor, agreed to sell its orthotics business, The Orthotic Centre, to private investors, and will take a small loss on the sale against its 2015 results.More >>

Shady Past? Platinum Credit Card Level for Immigration

Mon, 24 Nov 2014 14:55:07 +1300 | New Zealand First Party

New Zealand First is questioning why arrangements between Immigration New Zealand and China UnionPay will see streamlined visa processing for holders of Platinum and Diamond UnionPay credit cards.More >>

 

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