NZX 50 IND...
6,856.53
+32.03
+0.47%
Chart for ^NZ50
NZD to USD
0.6893
+0.0014
+0.20%
Chart for NZDUSD=X
NZD to EUR
0.6000
+0.0011
+0.18%
Chart for NZDEUR=X
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AORD
5,339.00
+3.40
+0.06%
Chart for ^AORD
ASX 300
5,232.90
+2.90
+0.06%
Chart for ^AXKO
NZD to AUD
0.9203
-0.0021
-0.22%
Chart for NZDAUD=X
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Nikkei 225
16,147.38
-518.67
-3.11%
Chart for ^N225
Hang Seng
20,445.64
-80.19
-0.39%
Chart for ^HSI
NZD to JPY
73.8366
+0.2294
+0.31%
Chart for NZDJPY=X
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Fix intern scheme concerns: ACTU

Fix intern scheme concerns: ACTU

Unions fear a planned internship scheme could undermine Australia's entire wage system with interns earning only $4 an hour. …

Labor seizes on Turnbull tax gap

Labor seizes on Turnbull tax gap

Labor has accused Malcolm Turnbull of incompe…

  • Bourse higher on positive NAB results AAP - 36 minutes ago

    The Australian share market is trading higher on the back of positive NAB half-year cash earnings results. The benchmark S&P/ASX200 was up 0.3 per cent by 1200 AEST, with the big four banks all recording ...

  • Lowy says he leaves Scentre in good hands AAP - 41 minutes ago

    Outgoing Scentre chairman Frank Lowy says now is the right time to hand the reins to director Brian Schwartz. Mr Schwartz is taking over as chair of Scentre, the owner of Westfield shopping malls in Australia and New Zealand, after being re-elected to the board at the company's annual general meeting (AGM) in Sydney on Thursday. Mr Lowy said he had seen through the Scentre transition and provided continuity for the group which split from its parent company Westfield Corp in mid 2014.

  • Signs of peak in housing repayment costs AAP - 41 minutes ago

    Housing repayment costs may have peaked and affordability may improve in Sydney and Melbourne this year on the back of a pullback in prices, an analyst says. Housing affordability has deteriorated in all capital cities except Perth over the past year, meaning homeowners have to spend a larger proportion of their income on monthly mortgage repayments, Moody's Investors Service says. "Housing prices fell during the three months to 31 March, 2016, suggesting that repayment costs may have peaked," Moody's analyst Natsumi Matsuda said on Thursday.

  • Stocks to watch AAP - 44 minutes ago

    Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON - down 16.00 cents, or 0.85, at $18.63 Shares in miner BHP Billiton have continued to fall, though more modestly, after Brazil's Federal ...

  • Rice falls, food security fears rise AAP - 56 minutes ago

    Nearly a decade after a spike in global food prices sent shockwaves around the world, Asia's top rice producers are suffering from a blistering drought that threatens to cut output and boost prices of a staple for half the world's population. This year, world rice production is expected to decline for the first time since 2010, as failing rains linked to an El Nino weather pattern cut crop yields in Asia's rice bowl. A heat wave is sweeping top rice exporter India, while the No 2 supplier Thailand is facing a second year of drought.

  • Lower oil refiner margins hurts Caltex AAP - 1 hour 6 minutes ago
    Lower oil refiner margins hurts Caltex

    Caltex Australia has blamed a decline in oil refiner margins for a dip in its first quarter profit. The fuel retailer and refiner booked a net profit of $114 million for the first quarter of 2016, after incurring an inventory loss of $37 million, compared to a $174 million profit a year ago. Caltex's underlying profit of $151 million is also lower than the $162 million it reported a year ago.

  • Sigma expects H1 earnings lift of 10% AAP - 1 hour 6 minutes ago

    Pharmacies supplier and drug distributor Sigma Pharmaceuticals says it is on track to lift underlying earnings by at least 10 per cent in the first half of its 2016/17 fiscal year. The company also said at its annual general meeting on Wednesday that its full-year guidance for the current fiscal year remains unchanged. At the release of its full-year results for 2015/16 in March, Sigma said it was confident of delivering growth in earnings before interest and tax (EBIT) of at least five per cent per annum for the next two years.

  • Labor seizes on Turnbull tax gap AAP - 1 hour 8 minutes ago
    Labor seizes on Turnbull tax gap

    Labor has accused Malcolm Turnbull of incompetence after the prime minister admitted his 10-year tax plan had not been costed by Treasury. Mr Turnbull has hammered Opposition Leader Bill Shorten over big spending promises made by previous Labor governments that were not properly funded, making balancing the budget harder for the coalition. The prime minister was asked on Sky News on Thursday how much it would cost to lower the company tax rate to 25 per cent over 10 years - a plan set out in Tuesday's budget.

 

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    BUZZWORTHY

    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.9203-0.0021-0.22%
      NZDAUD=X
      0.6893+0.0014+0.20%
      NZDUSD=X
      0.4750+0.0005+0.11%
      NZDGBP=X
      73.8366+0.2294+0.31%
      NZDJPY=X

    MARKET MOVERS

    • Most Actives
      Most Actives
      NamePriceChange% Chg
      2.72+0.05+1.87%
      THL.NZ
      1.680.000.00%
      TGH.NZ
      3.66-0.03-0.81%
      SPK.NZ
      2.44-0.03-1.21%
      AIR.NZ
      4.69+0.02+0.43%
      TME.NZ
    • % Gainers
      % Gainers
      NamePriceChange% Chg
      0.171+0.019+12.50%
      JWI.NZ
      2.60+0.14+5.69%
      CBL.NZ
      0.78+0.04+5.41%
      SKO.NZ
      2.95+0.14+4.98%
      TNR.NZ
      2.92+0.10+3.55%
      AIA080.NZ
    • % Losers
      % Losers
      NamePriceChange% Chg
      4.30-0.30-6.52%
      IFT170.NZ
      0.80-0.05-5.88%
      IKE.NZ
      0.101-0.006-5.61%
      NWF.NZ
      1.602-0.080-4.76%
      APA.NZ
      2.39-0.11-4.40%
      LGF010.NZ