Nona Pelletier
Westpac NZ profits under pressure
The profits of the New Zealand arm of Westpac Bank are under pressure, despite growing customer numbers, growth in lending and deposits, and an expanding funds management and insurance business. Audio
NZX and Ralec trial gets underway after 5 years of to-and-fro
The long, dragged-out litigation between the sharemarket operator, NZX, and the Melbourne-based grain exchange operator, Ralec Commodities, appears to be nearing an end as their trial gets underway at… Audio
Z Energy given green light on Caltex takeover
Z Energy has been given the green light to takeover rival Caltex, sending its shares up 10 percent. Audio
Pacific Brands proposals to sell the company to HanesBrand
Hard on the heels of a turnaround in its fortunes, the Australian-based clothing manufacturer, Pacific Brands, says it's made a deal to sell the company. Audio
Midday Markets for 28 April 2016
For the latest from the markets we're joined by Angus Marks at First NZ Capital. Audio
Small and medium sized business want fast broadband
A survey by the MYOB Business Monitor indicates a number of small and medium sized businesses are fed up with the time it takes to connect to the internet. Audio
Genesis confirms more life for Huntly units
Genesis Energy has secured more life for its two coal and gas fired power units in Huntly, after making new deals with other electricity firms. Audio
Fed takes a more positive view but June rate hike not certain
Earlier this morning, the U.S. Federal Reserve also held its benchmark rate steady, as had been expected. Audio
End in sight to RBNZ rate cuts
The Reserve Bank this morning held its cash rate steady at 2-point-2-5 percent, as expected, but left the door open for further cuts. Audio
Midday Markets for 27 April 2016
For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital. Audio
Older savers prepared to take bigger risks for better returns
A bank survey has found older savers are prepared to take bigger risks as safer, low-interest, term-deposits fail to generate adequate returns. Audio
Wellington biotech firm about to list on ASX
A Wellington-based medical software company will list on the Australian stock exchange in about half an hour, after it opted to raise money there to fund its future development. Audio
Annual trade deficit hits highest level in nearly seven years
The annual trade deficit hit its highest level in nearly seven years, in March. Audio
Abano receives offer for 50 percent of Bay International
The listed healthcare investor, Abano Healthcare, says it's received an unsolicited offer for its 50 percent stake in an audiology business. Audio
Low interest rates make KiwiSaver more attractive to seniors
A bank survey has found an increasing number of people are planning to leave their money in their KiwiSaver after they turn 65. Audio
Midday Markets for 26 April 2016
For the latest from the markets we're joined by Angus Marks at First NZ Capital. Audio
Brierley's Mercantile ups offer for shell of Kirkcaldies
Sir Ron Brierley has raised his offer for what's left of Wellington's former posh shop Kirkcaldie and Stains. Audio
Fisher & Paykel Healthcare head brings continuity to top job
The new head of Fisher & Paykel Healthcare says he brings continuity to the top job, as the healthcare appliance manufacturer aims to double in size every five years. Audio
Business briefs
Kiwifruit exporter Zespri says it's suspended the export of 1-point-7 million trays of fruit because of possible contamination in the Chinese-made packaging. Audio
Michael Hill reports same store sales growth
The jewelry retailer, Michael Hill International, has reported solid growth across its portfolio. Audio
