NZ dollar firms with improved US outlook; RBNZ speech no distraction
By Jenny Ruth March 29 (BusinessDesk) - The New Zealand dollar rose after the US dollar firmed amid a small recovery in bond yields and with US shares looking likely to end the quarter on a slightly better note. The kiwi was trading at 67.84 US cents at 5pm in Wellington fr...
Consumers say, 'I'm alright, Jack', despite business gloom
By Jenny Ruth March 29 (BusinessDesk) - Even as businesses grow ever more gloomy, consumers are feeling not too bad. The latest ANZ-Roy Morgan survey of consumers rose a point to 121.8 in March, well above the neutral 100 point level and about average. Perceptions of cur...
ANALYSIS: Investors want good performance but do they want performance fees?
Analysis by Jenny Ruth March 29 (BusinessDesk) - The extent of the performance fees Vital Healthcare Property Trust’s manager collects highlights the lack of hurdles that correlate with investor returns in the calculation of such fees. Too often, such fees don’t actually re...
NZ dollar becalmed after RBNZ's shock stance change
By Jenny Ruth March 28 (BusinessDesk) - The New Zealand dollar is becalmed after yesterday's shock announcement from the Reserve Bank that the next move in its official cash rate is likely to be down. Previously, the central bank had said the OCR would remain on hold throug...
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