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NZ shares climb to record on low interest rate outlook

New Zealand shares rose to a record as the prospect of low interest rates for even longer stoked demand for companies offering regular income such as Meridian Energy and Mercury NZ. Synlait Milk extended its [...]

By | March 22nd, 2019|Categories: Business|0 Comments

Interim relief allows Stan Semenoff logging to continue trucking

A major Northland logging truck company has successfully appealed a decision to revoke its transport licence and will remain on the road until the case is heard in court.On Tuesday the NZ Transport Agency announced [...]

By | March 22nd, 2019|Categories: Business|0 Comments

What is anti-poverty campaigner Sir Bob Geldolf doing in New Zealand

Anti-poverty campaigner Sir Bob Geldolf has touched down in New Zealand to preach an "embrace technology" message to clients from one of the world's biggest accounting firms.Last night, the I Don't Like Mondays singer spoke [...]

By | March 22nd, 2019|Categories: Business|0 Comments

Westpac's two-year 3.99 per cent rate the latest ultra-low deal in bank's mortgage wars

Five Kiwi banks are offering home loan rates of 3.99 per cent or lower as a mortgage war for new customers flares up again.Westpac today became the latest to offer a two-year 3.99 per cent [...]

By | March 22nd, 2019|Categories: Business|0 Comments

Vector must pay $3.5m for too many power cuts after Commerce Commission action

Vector has been ordered to pay $3.5 million for historic ''excessive levels'' of power cuts and could face further penalties for more recent breaches.The High Court has found the lines and gas company didn't adhere [...]

By | March 22nd, 2019|Categories: Business|0 Comments