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Hanover lost $102 million in year to June
Accounts published by troubled Hanover Finance show it recorded a $102 million loss for the year ending June.The company is operating under a five year moratorium, following a vote by investors.Last...
- Newstalk ZB Tuesday November 17, 02:57 PM -
Record number of complaints for ombudsman
The number of complaints to the Banking Ombudsman almost doubled over the last financial year.The office received 1888 formal complaints, an increase of 99 percent on the previous 12 months. Of...
- Newstalk ZB Tuesday November 17, 06:20 AM -
Fears booze tax will harm businesses
The Hospitality Association says bars and restaurants would go under if the tax on alcohol was to be raised by 25 percent.The Salvation Army is pushing for the increase, believing it would match the...
- Newstalk ZB Monday November 16, 05:34 AM -
Agent: no property boom
A real estate agent is rubbishing suggestions we are in the midst of a property boom.Real Estate Institute figures out this week show the national median house price has hit a 10-year-high of...
- Newstalk ZB Sunday November 15, 05:18 PM -
NZ tops fishing survey
New Zealand has been ranked the world's top performing country for managing its marine and fishery resources. New Zealand received the highest aggregate score among 53 maritime countries in an...
- Newstalk ZB Sunday November 15, 03:23 PM -
Boost for the economy
There are hopes for a boost to the economy, with the news the United States plans to join a trans-Pacific trade agreement.The commitment came at the APEC meeting in Singapore, with the US supporting...
- Newstalk ZB Sunday November 15, 07:21 AM -
Suspension lifted for grocery workers
Supermarket giant Foodstuffs, which operates new World and Pak 'n Save, has lifted its suspension on striking workers at its Christchurch distribution centre.The National Distribution Union says 120...
- Newstalk ZB Saturday November 14, 03:12 PM -
Workers in Rodney redundant
Nearly sixty people from just north of Auckland will be out of work just before Christmas. Irwin Industrial Tools is closing its doors in Wellsford on December 17.Engineers' union secretary Andrew...
- Newstalk ZB Saturday November 14, 06:20 AM -
FTA deal with Hong Kong completed
There has been a significant trade breakthrough for New Zealand at the APEC summit in Singapore, with a free trade agreement wrapped up with Hong Kong.Prime Minister John Key sat down the Hong Kong...
- Newstalk ZB Friday November 13, 03:53 PM -
House prices soar above 2007 peak
Median house prices are at their highest in 10 years, according to the Real Estate Institute.It has released figures for October showing median prices are now above the peak reached in 2007.The...
- Newstalk ZB Friday November 13, 12:18 PM -
NZ high on consumer confidence
New Zealand has come near the top of a global consumer confidence ranking.The latest Nielsen Global Consumer Confidence Index ranks New Zealand the eighth most confident country out of 54...
- Newstalk ZB Friday November 13, 07:36 AM -
Concerns over dodgy bills for leaky home repairs
A warning for the taxpayer not to get ripped off by leaky home repairers.The Building Industry Federation says local bodies and the government have cited very large costs for the repair of leaking...
- Newstalk ZB Friday November 13, 07:32 AM -
Finance company directors face charges
Charges have been laid against directors of the failed finance company Five Star Consumer Finance which went into receivership in late 2007.The Companies Office has laid charges against Marcus...
- Newstalk ZB Thursday November 12, 02:13 PM -
Midday financial markets
On the markets, the NZX50 is up ten points at 3,171.AMP NZ Office Trust up 1c to 78c, Air New Zealand up 3c to $1.29, Auckland Airport up 1c to $1.88, Fletcher Building up 5c to $8.00, Goodman...
- Newstalk ZB Thursday November 12, 12:23 PM -
Retail sales values rise 0.5 percent
High prices have seen retail sales values rise for the second consecutive quarter.Figures released by Statistics New Zealand show seasonally adjusted retail sales rose 0.5 percent in the September...
- Newstalk ZB Thursday November 12, 11:53 AM
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