Article – BusinessDesk
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. Read more »
Article – BusinessDesk
Sept. 19 (BusinessDesk) – Heartland Bank’s Australian reverse mortgage business is constrained by Reserve Bank prudential rules and that’s why it needs to be carved out into a separate entity, says chair Geoff Ricketts. Read more »
Article – BusinessDesk
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. Read more »
Article – BusinessDesk
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. Read more »
Article – BusinessDesk
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. Read more »
Article – BusinessDesk
Sept. 19 (BusinessDesk) – The Marsden Point oil refinery processed a near-record 7.62 million barrels of oil during the past two months. Read more »
Article – BusinessDesk
Sept. 19 (BusinessDesk) – The New Zealand dollar fell against its trans-Tasman counterpart as investors were buoyed by more moderate tariffs in the US-China trade stoush. Read more »
Article – BusinessDesk
Sept. 19 (BusinessDesk) – New Zealand’s nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. Read more »
Article – BusinessDesk
Sept. 19 (BusinessDesk) – Closer ties between the government’s Computer Emergency Response Team and financial services firms saw reports of phishing attacks more than double in the June quarter. Read more »
Article – BusinessDesk
Sept. 19 (BusinessDesk) – Dairy product prices fell at the Global Dairy Trade auction as whole milk powder continued its slide amid increased supply. Read more »
Article – BusinessDesk
Sept. 18 (BusinessDesk) – Some of the assumptions in an independent valuation of Tilt Renewables have resulted in a very optimistic view of the firms long-term prospects, suitor Infratil says. Read more »
Article – BusinessDesk
Sept. 18 (BusinessDesk) – New Zealand shares rose as high dividend yields from the likes of Spark New Zealand and NZX remain attractive for investors in a low interest rate environment. Read more »
