IT Brief New Zealand - Technology news for CIOs & IT decision-makers

Stories by Pattrick - Page 18

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PM Key sees inflation heading lower, cuts RBNZ slack for now
Mon, 9th Mar 2015
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inflation
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banking
PM Key predicts further inflation dip and suggests prolonged low interest rates, as RBNZ mulls rate cut amid house pricing pressures.
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NZ central bank, in neutral, will weigh drought, higher TWI in revising forecasts
Mon, 9th Mar 2015
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economics
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rbnz
The Reserve Bank of New Zealand will probably keep interest rates unchanged this week, reiterating that monetary policy is in neutral, while revising.
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NZ Dollar Outlook: Kiwi may decline on greenback strength as RBNZ remains on hold
Mon, 9th Mar 2015
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jobs
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new zealand dollar
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payroll
The New Zealand dollar may decline this week as the greenback strengthens on optimism the US economy is gearing up for interest rate rises.
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Serko says full-year revenue to miss forecast, warns on 2016 sales
Mon, 9th Mar 2015
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serko
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ipo
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shares
Serko, the online online travel booking business, warned annual revenue will miss its prospectus forecast by up to 6 percent as some billable services.
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NZ dollar tumbles after strong US jobs data increases chances of Fed hike in June
Mon, 9th Mar 2015
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new zealand dollar
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currencies
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payroll
The New Zealand dollar fell to its lowest in more than three weeks as the greenback soared after better-than-expected US jobs data boosted speculation.
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Apple Watch to take centre stage this week
Mon, 9th Mar 2015
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wearables
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personal computing devices
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apple
Shares of Apple will be in focus today as it is expected to unveil its new Apple Watch, the first real new product since Steve Jobs' death.
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Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted
Fri, 6th Mar 2015
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management
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blue chip
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bankruptcy
Former Blue Chip boss Mark Bryers has been discharged from his five-and-a-half year bankruptcy, though he's banned from acting as a manager or directo.
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MARKET CLOSE: NZX 50 rises to record led by Genesis on yield hunt
Fri, 6th Mar 2015
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power / energy
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nzx
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air new zealand
New Zealand shares rose led by Genesis Energy and paced by Spark New Zealand, as the international hunt for income paying investment returned.
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Chatham Rock seeks another $1.25M to pursue new seabed mining licence
Fri, 6th Mar 2015
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nzax
Chatham Rock aims to secure £1.25M for a fresh stab at offshore mining rights, amidst pay cuts and legislative battles.
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UPDATE: Transport and logistics provider Fliway offering IPO at $1.20 to $1.40 per share
Fri, 6th Mar 2015
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capital
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nzx
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ipo
Fliway Group, the transport and logistics provider behind the first float on the NZX this year, is hoping to raise between $27.
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NZ wool market mixed amid targeted buying
Fri, 6th Mar 2015
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nzx
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demand
New Zealand crossbred wool, which accounts for the majority of the country's production, rose to a three-and-a-half month high this week on lower volu.
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Kiwi start-up Glassjar launches payments app in the US
Fri, 6th Mar 2015
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apps
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glassjar
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States.
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Fliway Group seeks up to $44.5 million in first IPO of the year
Fri, 6th Mar 2015
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supply chain & logistics
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nzx
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ipo
Fliway Group aims to raise USD $27.3 million to USD $44.5 million in the first IPO on the NZX this year, valuing the firm at up to USD $75 million.
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Warehouse eyes costs, better products as it targets earnings growth
Fri, 6th Mar 2015
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the warehouse group
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translation
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retailers
Warehouse Group is turning its focus to reducing costs and improving its products and productivity as it seeks to get a return from its increased spen.
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NZ wholesale trade rises for third quarter in December
Fri, 6th Mar 2015
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sales
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financial results
New Zealand's wholesale trade grew for a third quarter in the final three months of 2014, with increased activity for apparel, pharmaceuticals and fur.
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Banks relieved as RBNZ drops '5-plus' test for home loans
Fri, 6th Mar 2015
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bnz
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rbnz
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banking
The major banks are breathing a sigh of relief that the Reserve Bank of New Zealand has dropped proposals that would have deemed anyone owning five or.
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Air NZ bins automatic travel insurance after warning from ComCom
Fri, 6th Mar 2015
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commerce commission
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air new zealand
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shares
Air New Zealand, the national carrier, will scrap its pre-selected travel insurance option after receiving a formal warning from the Commerce Commissi.
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Warehouse lowers annual profit, dividend forecast on weaker trading
Fri, 6th Mar 2015
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noel leeming
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shares
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investment
Warehouse Group lowered its forecasts for annual profit and dividends after New Zealand's largest listed retailer posted weaker first-half earnings as.
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NZ economy to grow close to 3% in 2015 as building offsets dairy decline: Moody's
Fri, 6th Mar 2015
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government
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banking
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moody's
New Zealand's economy is expected to grow at an annual pace close to three percent this year as increased building activity in its two biggest cities,.
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NZ dollar falls after RBNZ looks for ways to curb residential property investment
Fri, 6th Mar 2015
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rbnz
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new zealand dollar
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bank of england
The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.