![]() New Zealand Herald | Another day, another all-time low for Telecom National Business Review Telecom shares (NZX: TEL) closed at all-time low of $2.17 yesterday as investors took fright at the government's new rural telecommunications plan. This morning the company's shares have hit a new low of $2.16 in late morning trading. ... Broadband to cost Telecom Telecom faces hefty broadband bill Farmers want more money for rural broadband |
![]() New Zealand Herald | Consumer confidence dips New Zealand Herald Consumer confidence has dipped slightly in the past few months, but optimists still outnumber the pessimists, says new research. Photo / Herald on Sunday Consumer confidence dipped slightly in the March quarter, according to new research. ... Consumers lose confidence in recovery Consumers lose confidence in recovery NZ Consumer Confidence Falls for Second Quarter, Westpac Says |
Wall Street stocks rise as US Fed holds rates at near zero National Business Review The US Federal Reserve held its key target interest rate at near zero and reiterated its commitment to keeping money cheap "for an extended period." The decision, while expected, immediately boosted the stock market, which rose for the sixth straight ... FOREX-Dollar down vs euro, yen as Fed vows to keep rates low NZ shares follow Wall St higher Dollar falls as the Fed keeps rates at record lows |
![]() 3News | Australian, NZ Dollars Jump as Fed Decision Aids Risky Assets BusinessWeek March 17 (Bloomberg) -- The Australian and New Zealand dollars rose toward the strongest in more than a month as the Federal Reserve retained its pledge to hold interest rates near zero for an extended period, spurring demand for ... NZ dollar gains strength Australia dlr tests $0.92 on Fed rates vow NZ Dollar Up Late But Range Bound Ahead Of FOMC Meeting |
![]() Stuff.co.nz | Social infrastructure fund based on private equity model National Business Review A new social infrastructure fund could eventually be listed on the stock exchange if it is successful in raising $125 million from a public share offer. Craigs Investment Partners and Morrison and Co have launched the fund to invest in the government's ... Craigs seeks to tap $125m for Public Infrastructure Partners PPPs 'likely to appeal to experienced investors' Chance to invest in community assets |
![]() TechDay.co.nz | Study: number of Kiwis accessing web via cellphone doubles National Business Review More significantly, the proportion of internet users using broadband has risen to 82% by September 2009, up from 67% in 2007, with dial-up use declining. The finding indicates there must be a lot of sharing going on. The most recent data released by ... Finally, internet users are leaving dialup in the dust Survey reveals internet dependency Kiwis more internet-savvy than ever |
Car dealership hit with $18000 fine New Zealand Herald An Auckland car dealership has been fined $18000 for misleading customers over a "zero per cent interest" finance rate. Tristram European Limited was fined yesterday in the North Shore District Court after pleading guilty to five charges of breaching ... Car dealer fined over a misleading offer North Shore Car Dealer Breaches Fair Trading Act Car dealer fined |
![]() New Zealand Herald | Brokers to outsource back-office work Stuff.co.nz A major Wellington sharebroking firm has announced it is outsourcing its back-office work as brokers move to position themselves for trader changes at the Stock Exchange. McDouall Stuart Securities says it is ... NZX settlement costs may be 'cost neutral' Second brokerage pulls out of direct trading McDouall Stuart switches status at NZX |
Waters to chair Fletcher Building Stuff.co.nz Fletcher Building has confirmed former chief executive Ralph Waters will succeed Roderick Deane as chairman. Dr Deane will step down at the end of the month after 16 years on the board, nine as chairman. During that time he oversaw the breakup of the ... Business Report for Tuesday, March 16, 2010 Deane confirms departure from Fletcher Building |
![]() 3News | Fonterra to take those left in lurch Stuff.co.nz Dairy giant Fonterra says it expects to sign up most of the 27 farmers left without a milk processor by the receivership of the New Zealand Organic Dairy Farmers Co-operative. Fonterra said half the farmers had asked to ... Jobs lost as dairy firm goes into receivership Taranaki organic dairy co-op in receivership NZ: Organic Dairy Cooperative enters receivership |