Watch 6PM Bulletin
Starts 7pm 10th August
Sat 9:30am / Sun 10am
Plunging dairy prices and higher New Zealand unemployment have weighed on the kiwi dollar.
The receivers of failed finance company Capital + Merchant plan to write to debenture holders and pay a distribution depending on confimation of claims.
Consumer NZ expects the Government to lower the online shopping GST threshold, despite concerns it will cost more to collect than it brings in.
NZ's jobless rate rose in the second quarter as the number of new jobs created failed to keep pace with an expanding working population.
Trade Minister Tim Groser says holding out for a better dairy deal in the TPPA will help farmers survive times of falling dairy prices.
Fonterra's farmers are facing the prospect of a big cut on Friday to their forecast payout for this season.
Prices have slumped for the 10th consecutive time at this morning's GlobalDairyTrade auction, with the average price falling by 9.3pct.
Thousands of tradies will be out of a job when the Canterbury construction boom grinds to a halt, a leading economist warns.
Prices for the most liquid stocks on the NZ bourse have dropped as investors organised to fund purchases of discounted Contact Energy shares.
A changed tone from the Reserve Bank of Australia, Australian retail sales figures and Origin Energy's sale of its Contact stake have weighed on the kiwi.
A reduction in severe weather claims and a reduced impact from earthquake reserve strengthening have boosted Suncorp's New Zealand earnings.
The Government should rescue Solid Energy the same way its predecessor saved Air New Zealand, NZ First says.
The threat of the departure of the Tiwai Point smelter has Southland hoping to develop other economic opportunities.
Majority shareholder Origin Energy is to sell its stake in Contact Energy.
Car sales are slowing, Wall Street is slumping and Solid Energy's future looks bleak - Tony Field wraps up the latest economic news.
Solid Energy is in a precarious position and an announcement on its future could be made within weeks, Prime Minister John Key says.
Greece's stock exchange has reopened with a drop of more than 22 percent after a five-week shutdown imposed by the country's debt crisis and capital controls, with the nation's outflow-hit lenders leading the way.
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