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Australia/Oceania: Business news headlines around the clock. View category archive -->
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New Zealand Herald: NZ sharemarket closes little changed
The New Zealand sharemarket closed little changed on a day in which the Reserve Bank did as expected and left official interest rates at a record low 2.5 per cent.The rate decision, and accompanying comments, were followed by...
New Zealand Herald: Dollar falls after Monetary Policy Statement
The New Zealand dollar fell in the wake of the Reserve Bank of New Zealand's Monetary Policy Statement (MPS) even though the official cash rate was held unchanged at a record low of 2.5 per cent.The NZ dollar fell from around...
New Zealand Herald: What crisis? World billionaire ranks hit new high
While for many people the effects of the worst recession since the 1930s look likely to linger and unemployment remains high across the Western world, for the planet's super-rich, things are looking very perky once again.The number...
New Zealand Herald: Entrepreneurs announce $900m fast broadband plan
New Zealand internet entrepreneurs Sam Morgan and Rod Drury have joined up with retailing entrepreneur Stephen Tindall to announce plans for a NZ$900 million optic fibre cable linking New Zealand, Australia and United States by 2013....
New Zealand Herald: Steady improvement for manufacturing in February
Manufacturing showed signs of slow and steady improvement last month, with the latest BNZ-Business NZ performance of manufacturing index (PMI) indicating a continuing rise in new orders.The seasonally adjusted PMI was at 53.3...
New Zealand Herald: Food prices fall in February, steaks down 17pc
New Zealand food prices fell by 1.3 per cent in February on the back of falls in fruit and vegetable costs, as well as lowered meat, poultry and fish prices.Additionally, Statistics New Zealand's food price index measured a February...
New Zealand Herald: Shell name will stay, says Infratil
Infratil, which is in advanced talks to acquire assets from Shell New Zealand, said there is substantial upside value in being an overtly New Zealand-owned dominant petrol company as the local oil industry restructures, according...
New Zealand Herald: Buffett salary unchanged, but security costs up
OMAHA, Nebraska- Warren Buffett brought home less pay than Berkshire Hathaway 's chief financial officer again last year, but the company is paying more to protect the billionaire these days.
New Zealand Herald: NZ dollar slips as Bollard holds to rates timing
New Zealand's dollar fell after the central bank kept its policy assessment virtually unchanged from its review in December, saying the nation's economic recovery will be subdued.Governor Alan Bollard kept the
New Zealand Herald: OCR stays at 2.5pc, rates steady till mid-year
Official interest rates have been left unchanged at a record low 2.5 per cent by the Reserve Bank this morning.Reserve Bank Governor Alan Bollard has re-confirmed his intention to start "removing policy stimulus" around the middle...
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ABC News: Business News

ABC News Online.
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News4Sites - Australia Business

Headlines on Australia Business - News4Sites.com
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New Zealand Herald - Business

Latest business headlines.
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·NZ sharemarket closes little changed
The New Zealand sharemarket closed little changed on a day in which the Reserve Bank did as expected and left official interest rates at a record low 2.5 per cent.The rate decision, and accompanying comments, were followed by...
·Dollar falls after Monetary Policy Statement
The New Zealand dollar fell in the wake of the Reserve Bank of New Zealand's Monetary Policy Statement (MPS) even though the official cash rate was held unchanged at a record low of 2.5 per cent.The NZ dollar fell from around...
·What crisis? World billionaire ranks hit new high
While for many people the effects of the worst recession since the 1930s look likely to linger and unemployment remains high across the Western world, for the planet's super-rich, things are looking very perky once again.The number...
·Entrepreneurs announce $900m fast broadband plan
Businessmen Sam Morgan, Stephen Tindall and Rod Drury are part of "an early stage" venture to build a submarine fibre cable between Australia, New Zealand and the United States, with five times the capacity of the existing...
·Steady improvement for manufacturing in February
Manufacturing showed signs of slow and steady improvement last month, with the latest BNZ-Business NZ performance of manufacturing index (PMI) indicating a continuing rise in new orders.The seasonally adjusted PMI was at 53.3...
·Food prices fall in February, steaks down 17pc
New Zealand food prices fell by 1.3 per cent in February on the back of falls in fruit and vegetable costs, as well as lowered meat, poultry and fish prices.Additionally, Statistics New Zealand's food price index measured a February...
·Shell name will stay, says Infratil
Infratil, which is in advanced talks to acquire assets from Shell New Zealand, said there is substantial upside value in being an overtly New Zealand-owned dominant petrol company as the local oil industry restructures, according...
·OCR stays at 2.5pc, rates steady till mid-year
Official interest rates have been left unchanged at a record low 2.5 per cent by the Reserve Bank this morning.Reserve Bank Governor Alan Bollard has re-confirmed his intention to start "removing policy stimulus" around the middle...
·Bernard Hickey: Inflation to hit 5 per cent ?
Inflation could hit 5 per cent by the end of the year, well outside the Reserve Bank's target range of 1-3 per cent, but it has decided to remain sitting on its hands. That's fair enough, given many of these increases are 'one...
·Buffett salary unchanged, but security costs up
OMAHA, Nebraska- Warren Buffett brought home less pay than Berkshire Hathaway 's chief financial officer again last year, but the company is paying more to protect the billionaire these days.

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