Fonterra to pay Australian farmers more
Fonterra proposes paying its Australian farmers - who are contracted as suppliers, rather than as members of the Fonterra cooperative - more this season than it is offering farmers at home.In May,...
AAP -
Saturday July 4, 2009, 6:06 am
Hunt continues for NZ runaway millionaires
Police are still chasing the New Zealand couple who left home in a hurry after they discovered their bank had accidentally deposited $10 million into their account, instead of the...
ABC Business News -
Wednesday July 1, 2009, 7:42 am
Pacific Brands to close NZ factory
Clothing manufacturer Pacific Brands Ltd will close its Palmerston North factory in New Zealand next month with the loss of 50 jobs, after efforts to sell the factory failed.In March, the company...
AAP -
Tuesday June 30, 2009, 2:16 pm
Pumpkin Patch to close 20 US stores
Children's clothing company Pumpkin Patch is to close 20 of its 35 stores in the United States.The US segment was now expected to make a loss in the 2010 financial year of around $NZ3 million...
AAP -
Tuesday June 30, 2009, 9:00 am
Air NZ mulls legal action against Qantas
Air New Zealand is considering its options, including legal action, for recovering the cost of a strike action by Qantas workers.An Air New Zealand spokesman said the airline was considering its...
AAP -
Monday June 29, 2009, 10:39 am
Nestle approved to buy Fonterra assets
Nestle Australia has received approval from the Australian Competition and Consumer Commission (ACCC) to buy some of Fonterra's ice-cream interests in Australia.The ACCC said in a statement that...
AAP -
Friday June 26, 2009, 7:49 pm
Aussie at 1-wk high on Russia report, weak NZ GDP
* Aussie firmer on stocks, report of Russia bank plan
* Gains vs NZ$ after NZ GDP weaker than expected
SYDNEY, June 26 (Reuters) - The Australian dollar bounced
to a one-week high on Friday as...
Reuters Finance News, Australia -
Friday June 26, 2009, 5:19 pm
Aussie dollar shoots up on NZ$ after weak NZ GDP
SYDNEY, June 26 (Reuters) - The Australian dollar shot up
against the New Zealand dollar on Friday after data showed New
Zealand's economy shrank 1 percent in the first quarter,
stirring speculation...
Reuters Finance News, Australia -
Friday June 26, 2009, 9:53 am
NZealand current account deficit shrinkage
WELLINGTON (AFP) - New Zealand's current account deficit shrank in the March quarter as imports fell during a long-running recession, official figures have shown.The deficit, which reflects the...
AFP Finance News -
Thursday June 25, 2009, 4:13 pm
Australia shares gain 0.8 percent, Downer up
(Adds Downer)
WELLINGTON, June 25 (Reuters) - Australian shares extended
gains on Thursday, rising 0.8 percent, as firmer resources
stocks such as Rio Tinto Ltd (ASX: RIO.ax) offset a...
Reuters Finance News, Australia -
Thursday June 25, 2009, 1:44 pm
Australia shares gain 0.4 percent, miners lead
WELLINGTON, June 25 (Reuters) - Australian shares firmed
0.4 percent on Thursday as gains for resources stocks such as
Rio Tinto Ltd (ASX: RIO.ax) offset a mixed performance from
financials.
...
Reuters Finance News, Australia -
Thursday June 25, 2009, 11:09 am
Australia shares up 0.1 percent, resources gain
WELLINGTON, June 25 (Reuters) - Australian shares were
marginally firmer on Thursday as miners and energy stocks rose,
offsetting weaker financials.
The benchmark S&P/ASX 200 gained 5.2 points...
Reuters Finance News, Australia -
Thursday June 25, 2009, 10:17 am
Outlook 'negative' for Aussie, NZ banks
The outlook for Australia and New Zealand's banking system is negative because of the slowing of the global and local economies, a ratings agency says.But Moody's Investors Service also says...
AAP -
Tuesday June 23, 2009, 10:54 am
Hart makes 'cheeky' rail and port bid
A tilt at Australian rail and port operator Asciano by New Zealand's richest man Graeme Hart is being seen as cheeky.Australian media reported this week that Mr Hart put in a complex offer to...
AAP -
Friday June 19, 2009, 6:32 pm
Australia shares up 0.7 pct; WorleyParsons rises
(Adds WorleyParsons gains)
WELLINGTON, June 19 (Reuters) - Australian shares rose 0.7
percent on Friday, with resource stocks gaining on firmer
commodity prices and banks benefiting from a rise in...
Reuters Finance News, Australia -
Friday June 19, 2009, 3:12 pm
