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RNZ: Business News



The latest business news from RNZ News.



 



Evening business for 30 September 2016

Fri, 30 Sep 2016 17:34:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160930-1734-evening_business_for_30_september_2016-048.mp3




Business briefs

Fri, 30 Sep 2016 12:24:00 +1300

The dental company, Abano Healthcare Group, is asking shareholders to approve a near 18 percent increase in directors fees so it can give non-executive directors a raise, and add another director to board. rs.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160930-1224-business_briefs-048.mp3




Midday Markets for 30 September 2016

Fri, 30 Sep 2016 12:22:00 +1300

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160930-1222-midday_markets_for_30_september_2016-048.mp3




Jim Parker from Sydney

Fri, 30 Sep 2016 12:21:00 +1300

Across the Tasman, and the long-running dominance by trade unions of Australia's superannuation system is under threat.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160930-1221-jim_parker_from_sydney-048.mp3




Authorities working out how to implement GST

Fri, 30 Sep 2016 12:20:00 +1300

The goods and services tax will be imposed on electronic products such as music tracks, movies, or software bought online from foreign companies from tomorrow.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160930-1220-authorities_working_out_how_to_implement_gst-048.mp3




Westland Dairy sets up JV with Chinese company

Fri, 30 Sep 2016 12:19:00 +1300

The country's second biggest dairy company, Westland Milk Products, is looking to a lift in income from a joint venture with a Chinese company, which will make and sell infant formula.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160930-1219-westland_dairy_sets_up_jv_with_chinese_company-048.mp3




Building consents fall in August - Stats NZ

Fri, 30 Sep 2016 12:17:00 +1300

The number of building consents has fallen slightly, but the annual rate is at the highest level in more than a decade.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160930-1217-building_consents_fall_in_august_-_stats_nz-048.mp3




Markets Update for 30 September 2016

Fri, 30 Sep 2016 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0829-markets_update_for_30_september_2016-048.mp3




Morning Markets for 30 September 2016

Fri, 30 Sep 2016 06:58:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0658-morning_markets_for_30_september_2016-048.mp3




Total blackout unlikely in NZ

Fri, 30 Sep 2016 06:56:00 +1300

National grid operator Transpower says there's little chance New Zealand would suffer a power outage on the scale seen in South Australia this week.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0656-total_blackout_unlikely_in_nz-048.mp3




New digital GST coming into effect on October 1

Fri, 30 Sep 2016 06:54:00 +1300

A new goods and services tax of 15 percent on digital items comes into effect from tomorrow.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0654-new_digital_gst_coming_into_effect_on_october_1-048.mp3




Westland Dairy sets up JV with Chinese company

Fri, 30 Sep 2016 06:53:00 +1300

The country's second biggest dairy company Westland Milk Products is to forma joint venture with a Chinese owned company, Ausnutria, to make and can infant formula.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0653-westland_dairy_sets_up_jv_with_chinese_company-048.mp3




Pumpkin Patch delivers another disappointing result

Fri, 30 Sep 2016 06:52:00 +1300

Troubled children's clothing retailer Pumpkin Patch has delivered another disappointing result, hit by store closures and currency impacts.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0652-pumpkin_patch_delivers_another_disappointing_result-048.mp3




CBL Insurance eyes up to $63 million

Fri, 30 Sep 2016 06:50:00 +1300

The local specialist insurance company, CBL Insurance, is raising 63 million dollars through a sale of new shares to fund growth and bolster its balance sheet.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0650-cbl_insurance_eyes_up_to_63_million-048.mp3




Early Business News for 30 September 2016

Fri, 30 Sep 2016 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160930-0620-early_business_news_for_30_september_2016-048.mp3




Evening business for 29 Sept 2016

Thu, 29 Sep 2016 17:30:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160929-1730-evening_business_for_29_sept_2016-048.mp3




Midday Markets for 29 September 2016

Thu, 29 Sep 2016 12:24:00 +1300

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160929-1224-midday_markets_for_29_september_2016-048.mp3




Eunoia Publishing makes big deal with large Chinese publisher

Thu, 29 Sep 2016 12:20:00 +1300

A small independent Auckland publishing company has just signed a deal with a large Chinese publisher, with the potential to generate millions for the company and open a new market for New Zealand writers.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160929-1220-eunoia_publishing_makes_big_deal_with_large_chinese_publisher-048.mp3




CBL Insurance out to raise up to $63 mln

Thu, 29 Sep 2016 12:19:00 +1300

Local specialist insurance company, CBL Insurance, is looking to raise up to $63 million through a sale of new shares to fund growth and bolster its balance sheet.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160929-1217-cbl_insurance_out_to_raise_up_to_63_mln-048.mp3




Reserve Bank says financial stabilty remains at risk

Thu, 29 Sep 2016 12:17:00 +1300

The Reserve Bank says New Zealand's financial stability remains at risk because of an overheated housing market, while the high exchange rate is hurting exporters.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160929-1217-reserve_bank_says_financial_stabilty_remains_at_risk-048.mp3




Morning Markets for 29 September 2016

Thu, 29 Sep 2016 06:58:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160929-0658-morning_markets_for_29_september_2016-048.mp3




Intueri issues caution about selling shares

Thu, 29 Sep 2016 06:55:00 +1300

The troubled Intueri Education Group says it has the backing of its major bank as it tackles an adverse report from the Australian Skills Quality Authority.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160929-0655-intueri_issues_caution_about_selling_shares-048.mp3




Hellaby Holdings stakes flag to auto business

Thu, 29 Sep 2016 06:52:00 +1300

Industrial investment company Hellaby Holdings had been debating the prospect of breaking up the company to release value before deciding to restructure and concentrate on two core business streams.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160929-0652-hellaby_holdings_stakes_flag_to_auto_business-048.mp3




More hedging activity to protect in volatile times

Thu, 29 Sep 2016 06:50:00 +1300

The latest ASB Bank Kiwi Dollar Barometer shows foreign exchange hedging is at its highest level in two years.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160929-0650-more_hedging_activity_to_protect_in_volatile_times-048.mp3




Early Business News for 29 September 2016

Thu, 29 Sep 2016 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160929-0620-early_business_news_for_29_september_2016-048.mp3




Evening Business News for 28 September 2016

Wed, 28 Sep 2016 17:32:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160928-1732-evening_business_news_for_28_september_2016-048.mp3




Business briefs

Wed, 28 Sep 2016 12:25:00 +1300

The country's second biggest dairy co-operative, Westland Milk Products, has confirmed a payout for the 2015-16 season of 3-dollars-87 a kilo of milk solids.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160928-1225-business_briefs-048.mp3




Midday Markets for 28 September 2016

Wed, 28 Sep 2016 12:22:00 +1300

For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160928-1222-midday_markets_for_28_september_2016-048.mp3




Australian banks under the spotlight again

Wed, 28 Sep 2016 12:21:00 +1300

To Australia, where the country's major retail banks are in the spotlight again; this time at a parliamentary inquiry.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160928-1221-australian_banks_under_the_spotlight_again-048.mp3




AngelEquity targets only wholesale investors for start-up funds

Wed, 28 Sep 2016 12:19:00 +1300

Another equity crowdfunding platform has been launched; this time targeting only wholesale investors with the bankroll and experience to take the risk.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160928-1219-angelequity_targets_only_wholesale_investors_for_start-up_funds-048.mp3




Hellaby says Australian takeover offer cheap and cheeky

Wed, 28 Sep 2016 12:17:00 +1300

Industrial investment company Hellaby Holdings says a surprise 322-million dollar takeover offer from an Australian car parts company is opportunistic and undervalues the company.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160928-1217-hellaby_says_australian_takeover_offer_cheap_and_cheeky-048.mp3




Markets Update for 28 September 2016

Wed, 28 Sep 2016 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0829-markets_update_for_28_september_2016-048.mp3




Morning Markets for 28 September 2016

Wed, 28 Sep 2016 06:58:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0658-morning_markets_for_28_sept_2016-048.mp3




Winegrowers to use international awards to leverage growth

Wed, 28 Sep 2016 06:51:00 +1300

New Zealand's wine industry says the latest round of international award-winning wines will help it develop and extend markets.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0651-winegrowers_to_use_international_awards_to_leverage_growth-048.mp3




High dollar not deterring travellers from holidaying here

Wed, 28 Sep 2016 06:50:00 +1300

The higher New Zealand dollar is not deterring international travellers from holidaying here. The number of visitor arrivals hit a record 3 point 36 million in the August year, with more travellers from China and Australia.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0650-high_dollar_not_deterring_travellers_from_holidaying_here-048.mp3




Intueri's share price takes a major hit following audit review

Wed, 28 Sep 2016 06:48:00 +1300

Shares in the troubled Intueri Education Group slumped 80 percent yesterday after the Australian Skills Quality Authority threatened sanctions against two of its training schools in that country.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0648-intueris_share_price_takes_a_major_hit_following_audit_review-048.mp3




Hellaby takeover offer labelled "opportunistic"

Wed, 28 Sep 2016 06:47:00 +1300

An equity analyst says an Australian car parts company may need to up its takeover offer for the investment firm, Hellaby Holdings, if it is to be successful.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0647-hellaby_takeover_offer_labelled_opportunistic-048.mp3




Early Business News for 28 September 2016

Wed, 28 Sep 2016 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160928-0620-early_business_news_for_28_september_2016-048.mp3




Evening business for 27 Sept 2016

Tue, 27 Sep 2016 17:34:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160927-1734-evening_business_for_27_sept_2016-048.mp3




Business briefs

Tue, 27 Sep 2016 12:25:00 +1300

The Vice Chancellor of the University of Waikato, Neil Quigley, is taking over as chair of the board of the Reserve Bank.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160927-1225-business_briefs-048.mp3




Midday Markets for 27 September 2016

Tue, 27 Sep 2016 12:23:00 +1300

For the latest from the markets we're joined by Andrew Cathie at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160927-1223-midday_markets_for_27_september_2016-048.mp3




Jim Parker from Sydney

Tue, 27 Sep 2016 12:21:00 +1300

Across the Tasman, and questions are being asked about the broader technical credibility of corporate Australia.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160927-1221-jim_parker_from_sydney-048.mp3




Future of Intueri hangs in the balance following audit review

Tue, 27 Sep 2016 12:19:00 +1300

The future of the vocational school provider, Intueri Education Group, hangs in the balance as an Australian regulator reviews two of the company's Australian training organisations.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160927-1219-future_of_intueri_hangs_in_the_balance_following_audit_review-048.mp3




Australian firm makes takeover offer for Hellaby Holdings

Tue, 27 Sep 2016 12:17:00 +1300

An Australian car parts company has made a surprise 322-million dollar takeover offer for local investment firm Hellaby Holdings, to get a foothold in New Zealand.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160927-1217-australian_firm_makes_takeover_offer_for_hellaby_holdings-048.mp3




Markets Update for 27 September 2016

Tue, 27 Sep 2016 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160927-0829-markets_update_for_27_september_2016-048.mp3




Morning Markets for 27 September 2016

Tue, 27 Sep 2016 06:58:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160927-0658-morning_markets_for_27_september_2016-048.mp3




New hub for wine exporters built at Port Nelson

Tue, 27 Sep 2016 06:49:00 +1300

A three-year 60 million dollar development under way at Port Nelson includes a large new warehouse to support the region's burgeoning billion dollar wine industry.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160927-0649-new_hub_for_wine_exporters_built_at_port_nelson-048.mp3




Commercial and residential property outlook remains strong

Tue, 27 Sep 2016 06:48:00 +1300

Commercial property investors and residential home buyers remain confident prices will continue to rise, with record high expectations in some regions.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160927-0648-commercial_and_residential_property_outlook_remains_strong-048.mp3




Strong imports point to strong economy

Tue, 27 Sep 2016 06:47:00 +1300

An economist says stronger than expected imports are a good sign for economic growth.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160927-0647-strong_imports_point_to_strong_economy-048.mp3




Early Business News for 27 September 2016

Tue, 27 Sep 2016 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160927-0620-early_business_news_for_27_september_2016-048.mp3




Evening business for 26 September 2016

Mon, 26 Sep 2016 17:37:00 +1300

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160926-1737-evening_business_for_26_september_2016-048.mp3




Business briefs

Mon, 26 Sep 2016 12:25:00 +1300

The developer of laser measurement devices, ikeGPS, has raised 3-million dollars in an offer to existing shareholders.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160926-1225-business_briefs-048.mp3




Midday Markets for 26 September 2016

Mon, 26 Sep 2016 12:23:00 +1300

For the latest from the markets we're joined by Belinda Stanley at Craigs Investment Partners.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160926-1223-midday_markets_for_26_september_2016-048.mp3




Augusta Capital takes cornerstone stake in NPT

Mon, 26 Sep 2016 12:21:00 +1300

The property investment company, Augusta Capital, has bought a cornerstone stake in the commercial and industrial property investor, NPT.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160926-1221-augusta_capital_takes_cornerstone_stake_in_npt-048.mp3




Worker confidence jumps - survey

Mon, 26 Sep 2016 12:19:00 +1300

The faster growing economy has lifted confidence among workers about their job prospects.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160926-1219-worker_confidence_jumps_-_survey-048.mp3




Trade deficit smashes billion dollar mark in August

Mon, 26 Sep 2016 12:17:00 +1300

The country has posted a bigger than expected monthly trade deficit as a fall in exports outpaced lower imports.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160926-1217-trade_deficit_smashes_billion_dollar_mark_in_august-048.mp3




Markets Update for 26 September 2016

Mon, 26 Sep 2016 08:29:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160926-0829-markets_update_for_26_september_2016-048.mp3




Morning Markets for 26 September 2016

Mon, 26 Sep 2016 06:58:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160926-0658-morning_markets_for_26_september_2016-048.mp3




Finance arm exceeding expectations for The Warehouse

Mon, 26 Sep 2016 06:53:00 +1300

The country's biggest listed retailer, The Warehouse, says it expects its recently launched Financial Services business to turn a profit expected in the next financial year.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160926-0653-finance_arm_exceeding_expectations_for_the_warehouse-048.mp3




Year ahead looking up for retailers, but future is less certain

Mon, 26 Sep 2016 06:52:00 +1300

Retailers have reported a solid start to their new trading year after last week's round of strong earnings reports.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160926-0652-year_ahead_looking_up_for_retailers_but_future_is_less_certain-048.mp3




Troubled education provider suffers another blow

Mon, 26 Sep 2016 06:50:00 +1300

The troubled education provider Intueri Education Group's board has suffered another blow, following a negative audit review by the Australian Skills Quality Authority.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160926-0650-troubled_education_provider_suffers_another_blow-048.mp3




Early Business News for 26 September 2016

Mon, 26 Sep 2016 06:20:00 +1300

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160926-0620-early_business_news_for_26_september_2016-048.mp3




Evening business for 23 September 2016

Fri, 23 Sep 2016 17:34:00 +1200

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160923-1734-evening_business_for_23_september_2016-048.mp3




Midday Markets for 23 September 2016

Fri, 23 Sep 2016 12:23:00 +1200

For the latest from the markets we're joined by Angus Marks at First NZ Capital.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160923-1223-midday_markets_for_23_september_2016-048.mp3




Veritas hopes to turn a profit this financial year

Fri, 23 Sep 2016 12:22:00 +1200

The food investment company, Veritas, says the bulk of its restructuring is behind it and it should return to profit this year.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160923-1222-veritas_hopes_to_turn_a_profit_this_financial_year-048.mp3




Hallenstein Glasson profit slides

Fri, 23 Sep 2016 12:20:00 +1200

Clothing retailer, Hallenstein Glasson, has reported a 21% fall in its annual profit because of a late start to winter, management problems, and a lower dollar eating into margins.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160923-1220-hallenstein_glasson_profit_slides-048.mp3




Warehouse profit rises 49 % with all brands delivering growth

Fri, 23 Sep 2016 12:17:00 +1200

The country's biggest listed retailer The Warehouse has had a solid lift in profit, beating its own forecasts as its various chains delivered strong growth.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160923-1217-warehouse_profit_rises_49_percent_with_all_brands_delivering_growth-048.mp3




Markets Update for 23 September 2016

Fri, 23 Sep 2016 08:29:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0829-markets_update_for_23_september_2016-048.mp3




Morning Markets for 23 September 2016

Fri, 23 Sep 2016 06:58:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0658-morning_markets_for_23_september_2016-048.mp3




Fears of credit rating downgrade ease in Australia

Fri, 23 Sep 2016 06:55:00 +1200

Across the Tasman, and the Australia government's fears of an imminent credit rating downgrade have been eased by major breakthroughs on budget savings and reforms to superannuation.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0655-fears_of_credit_rating_downgrade_ease_in_australia-048.mp3




Trilogy expects strong profit and sales growth

Fri, 23 Sep 2016 06:53:00 +1200

Shares in the skin care and fragrance company, Trilogy International, were thumped nearly 13 percent lower yesterday despite the company saying it expected first half profit growth of 32 percent.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0653-trilogy_expects_strong_profit_and_sales_growth-048.mp3




Fonterra expects better year ahead for China Farms business

Fri, 23 Sep 2016 06:51:00 +1200

The dairy cooperative, Fonterra, expects to extract more value from its China Farms business, which has underperformed compared with the rest of its business.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0651-fonterra_expects_better_year_ahead_for_china_farms_business-048.mp3




Fed policy not aggressive enough to stop RBNZ rate cuts

Fri, 23 Sep 2016 06:49:00 +1200

The U.S. Federal Reserve is probably not going to be aggressive enough in raising interest rates to stop the Reserve Bank cutting another couple of times.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0649-fed_policy_not_aggressive_enough_to_stop_rbnz_rate_cuts-048.mp3




Early Business News for 23 September 2016

Fri, 23 Sep 2016 06:20:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160923-0620-early_business_news_for_23_september_2016-048.mp3




Evening business for 22 September 2016

Thu, 22 Sep 2016 17:35:00 +1200

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160922-1735-evening_business_for_22_september_2016-048.mp3




Business briefs

Thu, 22 Sep 2016 12:26:00 +1200

The Overseas Investment Office has given approval for the merger between media companies Fairfax and NZME.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160922-1226-business_briefs-048.mp3




Midday Markets for 22 September 2016

Thu, 22 Sep 2016 12:24:00 +1200

For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160922-1224-midday_markets_for_22_september_2016-048.mp3




Restaurant Brands Q2 sales jump on Australian stores

Thu, 22 Sep 2016 12:23:00 +1200

Fast food operator Restaurant Brands has reported a near one third rise in sales in the second quarter, driven by its recently acquired KFC stores in Australia.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160922-1223-restaurant_brands_q2_sales_jump_on_australian_stores-048.mp3




Fonterra announces bumper full-year profit

Thu, 22 Sep 2016 12:21:00 +1200

The dairy co-operative, Fonterra, has reported a bumper full-year profit off the back of low milk prices and stronger sales of high-value products.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160922-1221-fonterra_announces_bumper_full-year_profit-048.mp3




US Fed leaves interest rates unchanged

Thu, 22 Sep 2016 12:19:00 +1200

The United States Federal Reserve has left interest rates unchanged, but signaled a rate rise is in the pipeline before the end of the year.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160922-1219-us_fed_leaves_interest_rates_unchanged-048.mp3




RBNZ still in rate cutting mode - economist

Thu, 22 Sep 2016 12:17:00 +1200

As you may have heard in the news, the Reserve Bank did what was expected -- leaving the cash rate steady a record low 2 percent -- but making clear that another cut is probably coming


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160922-1217-rbnz_still_in_rate_cutting_mode_-_economist-048.mp3




Markets Update for 22 September 2016

Thu, 22 Sep 2016 08:29:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0829-markets_update_for_22_september_2016-048.mp3




Morning Markets for 22 September 2016

Thu, 22 Sep 2016 06:58:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0658-morning_markets_for_22_september_2016-048.mp3




Kathmandu looks to grow profit through international expansion

Thu, 22 Sep 2016 06:56:00 +1200

The outdoor clothing and sporting goods retailer, Kathmandu Holdings, is planning a big push to increase sales in the United States and Europe.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0656-kathmandu_looks_to_grow_profit_through_international_expansion-048.mp3




Super Fund says NZ needs change of attitude to get infrastructure backing

Thu, 22 Sep 2016 06:55:00 +1200

The country needs to change its attitude to paying for infrastructure projects if it's to attract Superannuation Fund investment in new roads, bridges and the like.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0655-super_fund_says_nz_needs_change_of_attitude-048.mp3




Debt burden may ease with higher forecast payout

Thu, 22 Sep 2016 06:54:00 +1200

Fonterra's higher forecast payout is likely to take some pressure off struggling, debt laden dairy farmers.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0654-debt_burden_may_ease_with_higher_forecast_payout-048.mp3




RBNZ set to hold interest rates today

Thu, 22 Sep 2016 06:49:00 +1200

The Reserve Bank seems certain to sit on the sidelines when it issues its latest interest rate review statement at nine o'clock.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0649-rbnz_set_to_hold_interest_rates_today-048.mp3




Early Business News for 22 September 2016

Thu, 22 Sep 2016 06:21:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160922-0621-early_business_news_for_22_september_2016-048.mp3




Evening Business for 21 September 2016

Wed, 21 Sep 2016 17:34:00 +1200

News from the business sector, including a market report.


Media Files:
http://podcast.radionz.co.nz/business/bus-ckpt-20160921-1734-evening_business_for_21_september_2016-048.mp3




Business briefs

Wed, 21 Sep 2016 12:25:00 +1200

The Accident Compensation Corporation is looking for feedback on a proposal to cut levies by 10 percent.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160921-1225-business_briefs-048.mp3




Midday Markets for 21 September 2016

Wed, 21 Sep 2016 12:23:00 +1200

For the latest from the markets we're joined by Don Lewthwaite at First NZ Capital.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160921-1223-midday_markets_for_21_september_2016-048.mp3




More records for migration and tourism

Wed, 21 Sep 2016 12:22:00 +1200

As you may heave heard in the news - the number of people coming to New Zealand to live, study and work has rebounded to record highs.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160921-1222-more_records_for_migration_and_tourism-048.mp3




NZ Super Fund returns dented by fickle markets

Wed, 21 Sep 2016 12:21:00 +1200

The New Zealand Superannuation Fund has made less than 2 percent on its investments in the year to June, reflecting the slump in returns from global share markets.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160921-1221-nz_super_fund_returns_dented_by_fickle_markets-048.mp3




Kathmandu's full year profit rises 64 percent on improved sales

Wed, 21 Sep 2016 12:19:00 +1200

Kathmandu Holdings has beat its own expectations with a strong full year profit, up nearly two-thirds on the year earlier.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160921-1219-kathmandus_full_year_profit_rises_64_percent_on_improved_sales-048.mp3




Forecast payout adds nearly a billion to economy - ASB

Wed, 21 Sep 2016 12:17:00 +1200

Fonterra's higher forecast payout to farmers is likely to add nearly a billion dollars to the economy.


Media Files:
http://podcast.radionz.co.nz/business/bus-mdr-20160921-1217-forecast_payout_adds_nearly_a_billion_to_economy_-_asb-048.mp3




Markets Update for 21 September 2016

Wed, 21 Sep 2016 08:29:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160921-0829-markets_update_for_21_september_2016-048.mp3




NZ financial services company vulnerable to ethical lapses

Wed, 21 Sep 2016 06:55:00 +1200

New Zealand financial services companies are vulnerable to the same kind of ethical lapses in judgement as those that have led to major industry and corporate failures according to an industry study.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160921-0655-nz_financial_services_company_vulnerable_to_ethical_lapses-048.mp3




Arvida buying three villages for $66 mln

Wed, 21 Sep 2016 06:53:00 +1200

Aged care company Arvida says it's on the look out for more businesses to acquire as smaller operators come on the market.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160921-0653-arvida_buying_three_villages_for_66_mln-048.mp3




Fonterra profit tipped to head to $800m

Wed, 21 Sep 2016 06:49:00 +1200

As farmers struggle with low dairy prices at the farmgate, the co-operative, Fonterra, is expected to report a bumper full-year result, tomorrow


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160921-0649-fonterra_profit_tipped_to_head_to_800m-048.mp3




Early Business News for 21 September 2016

Wed, 21 Sep 2016 06:20:00 +1200

A brief update of movements in the financial sector.


Media Files:
http://podcast.radionz.co.nz/business/bus-mnr-20160921-0620-early_business_news_for_21_september_2016-048.mp3