One message from the RBNZ came through loud and clear last week – low equity home loans bad, …
Top Stories
Economist slams the front door on first home buyers NewsTalkAn economist is slamming the door shut on good news for first home buyers. More »
- Jobless rate predicted to head south Newstalk ZB
Official forecasts have the unemployment rate dropping to just over five per cent over the next four years. More »
- NZ dollar hits 8 month low BusinessDesk
The New Zealand dollar dropped to an eight-and-a-half-month low on optimism an improving economic outlook in the US may prompt that nation's central bank to end ... More »
- Should women help other women up the corporate ladder? AAP
Do women who have ascended the corporate ladder help other women, given the scarcity at the top? Yes and no. Some believe in helping other women gain the skills and experience to advance. But others More »
- NZ’s services sector expands at fastest clip in five months … BusinessDesk
May 20 (BusinessDesk) - New Zealand's services sector, which accounts for about 70 percent of economic activity, expanded at the fastest pace since October last month, led by activity/sales. The More »
- ACT renews Zespri inquiry calls Newswire
The ACT Party says the government must launch a Zespri inquiry in the wake of claims the company knew its China invoicing scheme was dodgy. More »
- Buybacks are a big factor behind stock market boom AP
It's the narcissist rally. Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, More »
- Ex-Groupon CEO working 9 to 5 on business album AP
NEW YORK (AP) — Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music." More »
- Syria government supporters hack Financial Times Reuters
By Jim Finkle and Jennifer Saba REUTERS - The Financial Times' website and Twitter feeds were hacked on Friday, renewing questions about whether the popular social media service has done enough to More »
- Independent Liquor buys Mill retail chain for undisclosed … BusinessDesk
By Paul McBeth May 20 (BusinessDesk) - Independent Liquor, whose Japanese owner Asahi is locked in a court battle over the $1.5 billion price tag it paid for the booze empire, is extending its reach More »
- SkyCity agrees to buy Queenstown’s Wharf Casino from Lasseters … BusinessDesk
May 20 (BusinessDesk) - SkyCity Entertainment Group has agreed to buy Queenstown's Wharf Casino for $5 million from Malaysia's Lasseters, adding 74 electronic gaming machines and six gaming tables to More »
- Potential Taiwan deal not expected to impact China rela … Newstalk ZB
A trade expert believes a potential agreement between New Zealand and Taiwan, won't harm our relations with China. More »
- Hits and misses in Facebook's 8-year history AP
Facebook said Thursday that it has completed its purchase of Instagram. Here are some key developments in the eight years since Facebook Inc.'s creation: More »
- NZ charges telco firms NZ$50 mln development levy Yahoo! Finance
New Zealand's Commerce Commission will require telecommunications companies operating in the company a levy totalling NZ$50 million ($40.36 million) for the year to June 2012 to help pay for More »
- Interest from US in NZ/China relationship Newstalk ZB
The US wants 'in' on New Zealand's relationship with China. More »
- Aust, NZ budgets no comparison, Swan says AAP
New Zealand is forecasting a budget surplus a year earlier than Australia but Treasurer Wayne Swan says he is "completely dumbfounded" anyone would suggest that was because of a better economic ... More »
- Retirement tests if Beckham built lasting brand AP - Sports
PARIS (AP) -- David Beckham's pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he's giving up. Listed as the world's More »
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- Bugs are food of the future: UN agencyAFP
Beetles, caterpillars and wasps could supplement diets around the world as an environmentally …
- Vin Diesel: Facebook 'Owes Me Billions Of Dollars'Business Insider
- The most profitable products24/7 Wall St
- Places to visit while they're still cheapSmarter Travel
- BUDGET 2013 Higher tax take, spending restraint keep 2015 surplus intactBusinessDesk
Finance Minister Bill English will meet his targets for a return to budget surplus in 2015 …
- Opposition parties scorn the budgetYahoo! Finance
- Student loan squeeze continues in budgetYahoo! Finance
- The key points of budget 2013Newswire
- Budget 2013: Education second biggest costNewstalk ZB
- $370 million state house spend up Newswire
- NZ targets $30M extra tax from mining tax changes
By Pattrick Smellie May 20 (BusinessDesk) - The government's enthusiasm for mining does not …
Market Data
- Currencies
Currencies Name Price Change % Chg 0.8339 0.00 +0.44% 
0.8161 0.01 +1.15%
0.5367 0.00 +0.65%
83.6700 0.78 +0.93%
MARKET MOVERS
- Most Actives
Most Actives Name Price Change % Chg 2.415 -0.04 -1.43%
2.49 -0.04 -1.58%
5.30 0.10 +1.92%
1.535 0.01 +0.99%
3.03 0.13 +4.48%
- % Gainers
% Gainers Name Price Change % Chg 3.65 +0.30 +8.96%
0.14 0.01 +8.53%
3.50 +0.24 +7.36%
2.99 0.19 +6.79%
3.03 0.13 +4.48%
- % Losers
% Losers Name Price Change % Chg 6.40 -0.35 -5.19%
0.41 -0.02 -4.65%
0.23 -0.01 -4.17%
2.14 -0.08 -3.60%
4.00 -0.12 -2.91%
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