Midday Report for Thursday 8 November 2018
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Midday Rural News for 8 November 2018
12:35 PM.New Zealand's biggest company, Fonterra has fronted up to shareholders and addressed failings at it's annual general meeting today. Audio
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Midday Sports News for 8 November 2018
12:26 PM.The New Zealand pace bowler Trent Boult says early pressure proved crucial in the Black Caps' 47-run win over Pakistan in the first ODI. Audio
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Fonterra told to make better returns
12:25 PM.A report commissioned by the Fonterra Shareholders Council, has found the dairy cooperative's return on capital has been materially lower than benchmarks over the past 17 years, and has also… Read more Audio
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Business briefs
12:25 PM.The fund manager, Salt Investment, has listed New Zealand's first-ever carbon fund. Audio
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Midday Markets for 8 November 2018
12:22 PM.For the latest from the markets we're joined by Grant Cotty from Hobson Wealth Partners. Audio
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Xero reports strong first half, nears cash-flow breakeven
12:21 PM.The accounting software company, Xero, says it's had a strong first half with a big increase in recurring revenue and cash flow. Audio
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SkyCity sells Darwin Casino for A$188m
12:20 PM.The entertainment and gaming company SkyCity has sold its casino business in Darwin for 188-million Australian dollars - about 8-million more than its book value. Audio
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'Extraordinary' that RBNZ forecasts missing inflation target
12:18 PM.Westpac's chief economist Dominick Stephens says he's surprised at the talk of no rate cut, since the bank is forecasting inflation to rise. Audio
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Rates stay on hold at record low
12:17 PM.The Reserve Bank has held its cash rate steady and looks set to stay on hold for another two years. Audio
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Midday News for 8 November 2018
12:00 PM.Fonterra apologises to shareholders for its poor performance. A convicted Czech drug smuggler breaks his silence on the controversy surrounding his residency. Audio
