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23 Sep 2017 3:21
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'Fake interest' win for Ross liquidators
NZSE40 - Past 30 Days
1 September 2017
The liquidators of Ross Asset Management have had a court win, with the Supreme Court saying they are entitled to interest on Ponzi scheme fictitious profits.
House prices increase, but rate is slowing
House prices continue to rise but the past 12 months has seen the slowest growth rate for five years....
Landcorp back in the black
Landcorp Farming reported a full-year profit as the state-owned farmer recognised a jump in the value of livestock and benefited from strong market prices....
NZ dollar slides further in Asia trading
The NZ dollar continued to slide after strong US data was coupled with weaker domestic business confidence and solid Australian business spending....
Illegal logging leases in Papua New Guinea to be shut down
Illegal logging leases that have enriched foreign companies and dispossessed traditional landowners in Papua New Guinea will finally be shut down, according to the Government....
Taranaki seabed mining appealed
Environmental groups are legally challenging the approval given to a seabed mining proposal off the South Taranaki coast....
Auckland port trims dividend
Ports of Auckland will return $51.3m to its council owner this year, $3m down on last year, after spending on an automation project....
Kiwi dips under US72 cents
Better-than-expected job figures out of the US have helped drive the New Zealand dollar under US72 cents for the first time in more than two months....
Auckland reaches train trip milestone
Auckland Mayor Phil Goff will catch a train during Thursday morning rush hour to celebrate clocking up a record 20 million passengers trips in one year....
NZ dollar dips on Wheeler's final speech
The NZ dollar dipped briefly on Wednesday after Reserve Bank governor Graeme Wheeler made what may be his last official attempt to jawbone the kiwi lower....
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