Press Release – CMC Markets

The Australian market traded indecisively today ahead of some key offshore events, namely the testimony of Bernanke before Congress as well as the release of the Fed minutes. The ASX200 started well before reversing course with traders seemingly a … Read more »

Article – BusinessDesk

May 22 (BusinessDesk) – Property For Industry’s proposed merger with Direct Property Fund to create an $800 million industrial property empire is fair, according to independent appraisals released today. Read more »

Press Release – New Zealand Government

Commerce Minister Craig Foss has welcomed the Commerce Select Committee report on a bill to cut the financial reporting burden for smaller companies. The Financial Reporting Bill removes the requirement for smaller companies to produce complex financial … Read more »

Press Release – Good Shepherd

Good Shepherd New Zealand Trust has welcomed the Governments Budget announcement to explore and pilot low and no-interest loans schemes for families on low incomes. Read more »

Press Release – Unisys Security

In the wake of recent high profile data breaches, the latest Unisys Security Index shows the majority of New Zealanders are concerned that a range of commercial and government organisations are vulnerable to data breaches, particularly financial … Read more »

Press Release – AMP Financial Services

AMPs review of its strategic asset allocation of AMP diversified funds marks another milestone in creating one AMP following the merger with AXA, and is a critical input to creating a consistent investment philosophy across the AMP product offering. Read more »

Article – Businesswire

NZ Post sees no impact on debt on issue from S&P lowering rating outlook Read more »

Press Release – IG Markets

US markets were mildly firmer as investors continued to exercise caution ahead of the FOMC meeting minutes and Fed Chief Ben Bernankes testimony on Thursday. Fed members continue to throw a spanner in the works, with some mixed comments about … Read more »

Article – BusinessDesk

May 22 (BusinessDesk) – Asset Finance, the minnow lender which was temporarily stopped from seeking new investment last year over the representation of a related party loan, has been rapped over the knuckles by the Reserve Bank for breaching the cap … Read more »

Article – BusinessDesk

May 21 (BusinessDesk) – Goodyear & Dunlop Tyres, the local unit of the biggest US tyre maker, plans to sell its New Zealand retail business for an undisclosed sum to locally-owned Beau Ideal. Read more »

Press Release – CMC Markets

US equity markets eased from their record highs overnight, following falls on the dollar index as expectations that Fed Chairman Ben Bernanke will continue his QE mantra. Asian markets have followed suit, with selling pressure dominating in our … Read more »

Press Release – Thomson Reuters

Thomson Reuters, the worlds leading source of intelligent information for businesses and professionals, has today launched Checkpoint in New Zealand, a powerful online tax and accounting information service. The new platform is uniquely positioned to … Read more »

Press Release – Living Wage Aotearoa

The race is on to become to New Zealands first living wage city, said Annie Newman, the National Convenor of Living Wage Aotearoa New Zealand, today. Both Auckland and Wellington City are currently exploring the benefits of becoming living … Read more »

Press Release – CMC Markets

International news and market action gave investors little reason to change their outlook overnight and the local market looks set for a steady open this morning. Read more »

Press Release – MyCRA Credit Repairs

Latest housing figures show the property market is on the up and up, but a consumer advocate for accurate credit reporting warns that people can put their chances of buying a home at risk by making some basic mistakes with credit. Read more »

Press Release – IG Markets

Risk assets were mixed overnight with US equities losing ground while European equities and metals mostly gained ground. The fall in US equities was mostly blamed on stimulus uncertainty after Chicago Fed President Evans was on the wires with a fairly dovish … Read more »

Article – BusinessDesk

May 20 (BusinessDesk) – The government is aiming to cool housing inflation, seen as a threat to New Zealands financial stability, while speeding up consents as part of a plan to encourage construction of 39,000 new homes in Auckland. Read more »

Press Release – Employers And Manufacturers Association

The world is looking a little brighter for Kiwis compared to three or four years ago, as a flow-on effect of the consistent upswing in manufacturing and service industries, said Employers and Manufacturers Association manager of advocacy, Bruce Goldsworthy. Read more »

Press Release – CMC Markets

The Australian market has made a strong start to the week, following another record breaking session in the US and signs of improving domestic consumer confidence. Read more »

Press Release – Morningstar

We review the read-throughimplications for Lend Leasesof recent competitor earningsdowngrades in theengineering and constructionsector and assess longer-termgrowth initiatives andprospects. Read more »