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Vodafone New Zealand may be sold to private investment firms rather than through a share float.
Traffic congestion, littering and road accidents are what worry kiwis about tourism – but most are positive about it.
In today’s business news – Truck movements on New Zealand roads increase and South Island businesses’ outlook is positive.
The government has 174 infrastructure in the pipeline, half of which should be finished by 2021, a report reveals.
TradeMe was officially de-listed from the New Zealand Stock Exchange yesterday after it was bought by a private equity firm.
The rural services company is to return $235 million to its shareholders through a share buyback.
The Reserve Bank governor says he cannot yet say if another official cash rate cut will be needed.
For most New Zealanders, a drop in the official cash rate is a double-edged sword.
In today’s business news – TradeMe is delisted from the New Zealand stock exchange and the RBNZ cuts the official cash rate.
The Reserve Bank has cut the official cash rate in an attempt to stimulate the economy. RNZ Business Editor Gyles Beckford analyses if it will work.