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Local focus - CMC Markets

Shares and commodities slumped in overnight trade in the face of a rising US dollar. Ongoing pressure on stocks in China echoed through global markets.

Buoyant cruise season boosts spending - Stats NZ

An increase in the number of cruise voyages and passengers boosted cruise ship expenditure to $434.0 million in the year ended June 2018, Stats NZ said today.

Total cruise expenditure was up 18.3 percent ($67.1 million) following a 9.9 percent increase in the June 2017 year.

Three simple steps to fix Wellington's bus fiasco

Bus drivers, their union, and the New Zealand Council of Trade Unions addressed Greater Wellington Regional Council (GWRC) this morning with the request it makes good on its promise to fix the region’s bus problems.

KiwiSaver members say dollar fee information is useful

The vast majority (86%) of KiwiSaver members who saw their fees in dollar amounts in their annual statements this year rated the information as "quite or very useful", an FMA survey has found. Members rated their current balance as the most useful information on the statement.

Destination Queenstown to lead tourism delegation

The Exchange delegation includes Queenstown Mayor Jim Boult and is one of the first events celebrating the China-New Zealand Year of Tourism 2019.

Destination Queenstown to lead tourism delegation to China in inaugural Tourism Exchange

Responsible investments hit major milestone in New Zealand

Responsible investment in New Zealand has hit a major milestone, with a new report finding the vast majority of professionally managed investments are now invested as responsible investments, with total assets under management having more than doubled in just two years.

House price expectations slow to recover - survey

House price expectations are proving slow to recover in the latest ASB Housing Confidence Survey. Price expectations may have rebounded back to pre-election levels, but they remain below recent highs.

Soda Inc. launches a programme to support Hawke’s Bay entrepreneurs

Business Hawke’s Bay and Soda Inc. have formed a partnership to offer start-up support programmes in the Hawkes Bay region.

Retail sector a prime opportunity to close in on the gender gap

Statistics New Zealand has announced today the gender pay gap is the second smallest since records began 20 years ago, 9.2 percent for the June 2018 quarter. The lowest was 9.1 percent in 2012.

Zespri launches industry realignment process

World leading horticultural company, Zespri Group Limited lodged several key documents to support its strategically important industry realignment initiative today, with MinterEllisonRuddWatts advising on the targeted share issue and buy-back.

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