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Technology news for New Zealand's largest enterprises

Money management news stories

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Low-code
Appian helps increase Pepper Money's business volumes with low-code solution
Appian has announced it has helped finance company Pepper Money improve business volumes by 70% for its SOLANA platform.
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Recruitment
NZ sees universal wage growth, highest paying regions revealed
Wages are largely up this year, so money may not be the factor it once was in influencing employees willingness to resign.
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Digital currency
Reserve Bank welcomes submissions on future of New Zealand's money
“We’re seeking public input on how we should perform our role as steward of money and cash, and how we should assess the case for central bank money in a digital form alongside cash."
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Payment gateways
Travelex and Nium team up to bring digital remittance solution to APAC
Travelex has partnered with global payments platform Nium to bring digital remittance services to Asia Pacfic customers.
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Finance, Leasing & Rental
To 2019 and beyond: Seven habits to keep your business strong
These seven habits will help you avoid nasty surprises later on.
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Employment
Entrepreneur reactivates business engagement in AU Super funds
10 million workers leave it up to employers to choose their Super fund for them – and the majority of employers are just as passive and unengaged at putting that fund to work.
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Money management
Five tips to set up your pursuit of the Australian dream
Make sure to complete your due diligence before showing up on Aussie shores - might seem like a no brainer but it’s a serious necessity.
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Digital Resources
Government invests in financial literacy education
"Financial literacy is so important for our young people and this funding will set them up for a brighter future."
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New Zealand Dollar
NZ dollar little changed after mixed Fed signals, lack of local data
The Federal Open Market Committee's minutes of its March 17-18 meeting showed several members favoured raising US interest rates in June.
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NZ Dollar
NZ dollar heads for 1.5% weekly gain after Fed's more cautious outlook on US economy
Federal Reserve gave a more cautious assessment of the US economy, prompting traders to pull back their bets that the US dollar would gain.
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New Zealand Dollar
NZ Dollar Outlook: Kiwi may decline this week as Fed, GDP loom
The New Zealand dollar, which has declined 2.5 percent so far this month, may slip further this week
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New Zealand Dollar
NZ dollar heads for 0.3% weekly gain as RBNZ's Wheeler disappoints pessimists
Graeme Wheeler yesterday disappointed traders betting on a gloomy outlook for the local economy when he kept the key rate unchanged.
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Reserve Bank
RBNZ reviewing 4.5% 'neutral' monetary policy setting
Work is underway to review what the central bank thinks is a neutral setting - where the OCR neither stimulates nor holds back economic growth.
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New Zealand Dollar
NZ dollar heads for 0.9% weekly decline as US jobs data looms
US figures will provide a gauge on the strength of the world's biggest economy and give the greenback its next cue for a direction.
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New Zealand Dollar
NZ dollar heads for 0.4% weekly gain; greenback poised for more strength
There might be an extended rally for the US currency as the prospects for the world's biggest economy remain strong.
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Fletcher Building
UPDATED: Fletcher shares drop on reduced FY guidance, lack of franking credits
Fletcher Building shares dropped 4.5 percent after a drop in first half profit.
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Millennium & Copthorne Hotels
CORRECT: CDL Investments lifts full-year profit, dividend; shares at highest since 1987
Profit rose to $14.7 million, or 5.35 cents a share, in calendar 2014, from $13.4 million, or 4.92 cents, a year earlier.
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AgriHQ
ANZ AgriFocus forecasts farmgate milk price of $4.50-to-$4.70/kgMS with tide turned on dairy prices
New Zealand's farmgate milk price may be $4.50-to-$4.70 per kilogram of milk solids for the 2014/2015 season.
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NZ Dollar
NZ dollar heads for 4.2% decline in 2014, reflecting weaker dairy prices, stronger greenback
It may gain next year as the local economy outperforms its peers.
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Trade
NZ dairy herd rises to record 6.7M as sheep flock falls to 29.6M
The nation's dairy herd rose 4 percent in the latest year, extending the long-term trend that has seen milk become the dominant farm product.
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Trade
Comvita shareholders exercise 5.6M of 6.9M rights on offer, triggering shortfall bookbuild
The Te Puke-based maker of health products based on manuka honey aimed to raise $24.4 million in the offer at $3.55 apiece.
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CFO
NZ weekly rents rise 5.3% in November as annual increases slow
The national median rent was $400 a week across all property types in November.
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Investment
High Court turns down Kuwait Finance House claim over Canterbury funding
The Kuwaiti firm asked the court to uphold a ruling in the Bahrain Chamber for Dispute Resolution against Berkeley, California-based David Teece.
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NZ Dollar
NZ dollar heads for 0.9% fall as US jobs report looms
The kiwi fell to 77.78 US cents at 5pm in Wellington from 78.49 cents on Friday in New York last week.