Groser Blind to TPPA Hit on Housing

Press Release – New Zealand First Party

Trade Minister Tim Groser has his head in the clouds believing the TPPA will not affect New Zealanders ability to buy homes, says New Zealand First. Read more »

Augusta buys Lufthansa house in Auckland CBD for $16.5M

Article – BusinessDesk

Oct. 13 (BusinessDesk) – Augusta Capital, the listed property and funds manager, has bought a 15 level building in central Auckland for $16.5 million from Cook Property Group. Read more »

HiFX Morning Update, October 13 2015

Press Release – HiFX

NZDUSD 0.6723 0.5% NZDEUR 0.5916 0.4% NZDGBP 0.4380 0.3% NZDJPY 80.65 0.2% NZDAUD 0.9130 -0.1% NZDCAD 0.8736 0.8% Read more »

New Director appointed – ASB Bank Limited

Press Release – ASB Bank

ASB is pleased to announce Dame Therese Walsh has been appointed as a director of ASB Bank Limited. Read more »

Auditor-General’s report on Health Benefits Limited

Press Release – Office of the Auditor-General

In November 2014, Hon Annette King asked the Auditor-General to look into the performance of Health Benefits Limited (HBL). The Auditor-General decided to look into the costs and benefits of HBLs work in the health sector and, where possible, identify lessons … Read more »

Skydive the Beach to buy Skydive Queenstown for $17M

Article – BusinessDesk

Oct. 12 (BusinessDesk) – Skydive the Beach, the ASX-listed adventure tourism operator, has entered into an agreement to buy Skydive Queenstown, New Zealand’s first and largest tandem skydiving company, for $17 million. Read more »

FMA licenses Lending Crowd as NZ’s 4th peer-to-peer lender

Article – BusinessDesk

Oct. 12 (BusinessDesk) – The Financial Markets Authority has licensed New Zealand’s fourth peer-to-peer lender, Lending Crowd, which plans to offer small-to-medium sized enterprises business loans of up to $200,000. Read more »

Auckland median house price reaches new record

Article – BusinessDesk

Oct. 12 (BusinessDesk) – New Zealand’s median house price rose to a record in September, led by a 25.4 percent annual jump in Auckland’s median price to an all-time high as demand for property in the city spread into nearby regions. Read more »

NZ university students achieve 700 per cent return

Press Release – CMC Markets

AUCKLAND, October 12, 2015 The University of Auckland engineering students, Patrick Sun, 21 and Joshua Dawes, 22, have been crowned as the winning team of the 2015 CMC Markets National Trading Challenge, with a 700 per cent return on investment. Read more »

HiFX Morning Update

Press Release – HiFX

The NZDUSD opens at 0.6690 (mid-rate) this morning. The NZD continued to out-perform as the week closed, trading as high as 0.6720 against the USD following Fridays Fed minutes. In the absence of any notable data releases investors turned their attention … Read more »

NZ angel investors bet on few new investments in first half

Article – BusinessDesk

NZ angel investors bet on fewer new investments in first half as total funding falls Read more »

Rabobank Dairy Quarterly Q3: Scaling the Milk Mountain

Press Release – Rabobank

The third quarter brought heart palpitations for many on the sell-side of the dairy market. From already extreme lows, prices of key commodities fell a further 12% to 26% through the first half of the period in international trade, before recovering … Read more »

Former SPGI director Turnock pleads guilty on FMA charges

Article – BusinessDesk

Oct. 9 (BusinessDesk) – Mark Turnock, former company director of SPG Investment Company No 1 (SPGI), has pleaded guilty to a charge brought by the Financial Markets Authority over making false statements. Read more »

First of the new banknotes enters circulation from Monday

Press Release – Reserve Bank

New $5 and $10 banknotes will be in public circulation from Monday, the first day that banks and retailers can dispense, the Reserve Bank said today. Read more »

Business Growth Centre set to ignite business success

Press Release – Firestation

Firestation, the only Bay of Plenty based Business Growth Centre, invites business owners to attend a free 90-minute seminar in Tauranga to provide insight on how to grow their business. Read more »

AFT Pharmaceuticals confirms dual-listing plans

Article – BusinessDesk

Oct. 9 (BusinessDesk) – AFT Pharmaceuticals, the Auckland-based drugs developer and reseller, wants to list in Australia and New Zealand, raising funds to speed up the development of products to sell in other countries. Read more »

A2 Milk raises $40 mln at 5.5% discount in placement

Article – BusinessDesk

Oct. 9 (BusinessDesk) – A2 Milk, which markets milk with a protein variant said to have health benefits, raised $40 million in a discounted share placement to help fund working capital in its burgeoning infant formula business. Read more »

HiFX Morning Update, October 9 2015

Press Release – HiFX

NZDUSD 0.6660 0.8% NZDEUR 0.5911 0.5% NZDGBP 0.4340 0.6% NZDJPY 79.97 0.9% NZDAUD 0.9182 0.1% NZDCAD 0.8670 0.4% Read more »

NZ dollar gains as dovish Fed lifts commodity, asset prices

Article – BusinessDesk

NZ dollar gains to six-week high as dovish Fed, global liquidity lift commodities, asset prices Read more »

A2 Milk to raise up to $43 mln in placement

Article – BusinessDesk

A2 Milk to raise up to $43 mln in placement, SPP, 4 months after shelving capital raising Read more »

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