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23
May, 2019

Farmers staff walk off the job over living wage demands

Retail workers at two Farmers stores in Auckland are striking today in protest at what a union says is the company’s refusal to provide a living wage.

23
May, 2019

Spark broadband price rise a fair trading breach – ComCom

The Commerce Commission says Spark appears to have breached the Fair Trading Act when it notified customers of a broadband price rise last year.

22
May, 2019

Fonterra still struggling as payout forecast narrows

The dairy co-operative remains under market and financial pressure as it narrowed its payout forecast for the season just ending.

22
May, 2019

RBNZ plans to ease loan restrictions – at some stage

The Reserve Bank is willing to ease the loan-to-value restrictions on bank property lending as long as it does not compromise the integrity of the financial system.

22
May, 2019

Glass manufacturer’s profit dives 69 percent

Metro Performance Glass’ profit has dived 69 percent on last year, as its Australian business continues to struggle.

22
May, 2019

Today’s business news: What you need to know

Latest – The NZX is selling its investment research business, retail spending is up a fraction and Serko posts a lower profit on the previous year.

22
May, 2019

SkyCity launching online gambling service

The casino operator is getting into online gambling to plug a hole in its earnings.

21
May, 2019

AFT Pharmaceuticals slims its losses

The drug maker has reduced its losses after cutting its research and development spend and selling more of its over the counter pain relief products overseas.

21
May, 2019

Cut to OCR may not be needed as house prices set to rise – Westpac

House prices may get a shot in the arm from current low interest rates and the government’s decision to scrap any chance of a capital gains tax.

21
May, 2019

Dairy prices drop for first time in six months

Dairy prices had been sitting at two-year highs after posting consistent rises since late November.

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