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Australia/Oceania: Business news headlines around the clock. View category archive -->
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New Zealand Herald: Market rises for third straight day
The New Zealand sharemarket rose for a third consecutive day but trading was tentative ahead of tonight's non-farm payroll report in the United States.Rising risk aversion took a toll on equity markets during August, BNZ said...
New Zealand Herald: Dollar consolidates against greenback
The New Zealand dollar was firm today ahead of the United States payrolls report.The local currency galloped higher this week when strong economic data offshore and a better than expected Fonterra online milk powder auction outweighed...
New Zealand Herald: Kiwis spending $45 less every week - economist
The average New Zealander is spending $45 less a week than they were before the recession in a bid to wipe out debt and inject equity back into their homes - a move which is hurting retailers.NZIER principal economist Shamubeel...
New Zealand Herald: Allied Farmers Rob Alloway resigns
Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership, and whose bloated share registry reflects its exposure to failed finance company assets.Alloway...
New Zealand Herald: Auckland property prices fall in August, listings stay low
House prices in Auckland fell during August as the number of properties being listed continued to stall.Figures released today by the region's largest real estate agency, Barfoot and Thompson, showed an average sales price of...
New Zealand Herald: Bernard Hickey: Dear Allan Hubbard - Please say sorry and thanks
Dear Allan Hubbard:Please say sorry and thanks. Please say sorry to the taxpayers of New Zealand and investors in South Canterbury Finance who now have to bear the burden of cleaning up your mess. Please say thanks to...
New Zealand Herald: Upturn in Fonterra powders sets scene for futures trade
Significant price lifts in Fonterra's internet auction of commodity milkpowders have set the scene for the start of NZX trading in global dairy futures contracts.Dairy futures trading has previously been tried with little success...
New Zealand Herald: Krukziener hearing adjourned
A liquidation application against troubled Auckland property developer Andrew Krukziener's company has been adjourned to give him time to repay his creditor.Telecommunications company CallPlus filed a liquidation application against...
New Zealand Herald: What were SCF bosses thinking?
Questions need to be asked of the former management of failed company South Canterbury Finance, says the Shareholders Association.Des Hunt, Shareholders Association corporate liaison director, said there was concern with activities...
New Zealand Herald: Borrowers over reach themselves
Bad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.Companies Office records show a group of failed companies owe SCF but...
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ABC News: Business News

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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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·Bernard Hickey: Dear Allan Hubbard - Please say sorry and thanks
Dear Allan Hubbard:Please say sorry and thanks. Please say sorry to the taxpayers of New Zealand and investors in South Canterbury Finance who now have to bear the burden of cleaning up your mess. Please say thanks to...
·Market rises for third straight day
The New Zealand sharemarket rose for a third consecutive day but trading was tentative ahead of tonight's non-farm payroll report in the United States.Rising risk aversion took a toll on equity markets during August, BNZ said...
·Dollar consolidates against greenback
The New Zealand dollar was firm today ahead of the United States payrolls report.The local currency galloped higher this week when strong economic data offshore and a better than expected Fonterra online milk powder auction outweighed...
·Kiwis spending $45 less every week - economist
The average New Zealander is spending $45 less a week than they were before the recession in a bid to wipe out debt and inject equity back into their homes - a move which is hurting retailers.NZIER principal economist Shamubeel...
·Allied Farmers Rob Alloway resigns
Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership, and whose bloated share registry reflects its exposure to failed finance company assets.Alloway...
·Auckland property prices fall in August, listings stay low
House prices in Auckland fell during August as the number of properties being listed continued to stall.Figures released today by the region's largest real estate agency, Barfoot and Thompson, showed an average sales price of...
·What were SCF bosses thinking?
Questions need to be asked of the former management of failed company South Canterbury Finance, says the Shareholders Association.Des Hunt, Shareholders Association corporate liaison director, said there was concern with activities...
·Borrowers over reach themselves
Bad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.Companies Office records show a group of failed companies owe SCF but...
·Upturn in Fonterra powders sets scene for futures trade
Significant price lifts in Fonterra's internet auction of commodity milkpowders have set the scene for the start of NZX trading in global dairy futures contracts.Dairy futures trading has previously been tried with little success...
·Krukziener hearing adjourned
A liquidation application against troubled Auckland property developer Andrew Krukziener's company has been adjourned to give him time to repay his creditor.Telecommunications company CallPlus filed a liquidation application against...

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