Top tips for real estate
Five real estate agents give their opinion on the market and offer some advice for those weighing up whether to sell up or sign on the dotted line.Kiwis accused of racism
By HAMISH RUTHERFORD - BusinessDay.co.nz
Opposition to foreign investment is more about racism than overseas ownership, Land Information Minister Maurice Williamson says.
Dollar gallops higher in night trade
2 min ago The New Zealand dollar continued to climb overnight, ending the week on a stronger note than the start.
Crafar farms' would-be buyer rethinks plans
The company eyeing the Crafar dairy farms, Natural Dairy (NZ) Holdings, has scaled back its New Zealand investment plans after running up against the Hong Kong Stock Exchange's listing rules.
NZX on Forbes best under a billion list
8:28am Forbes Magazine has picked a list of 200 "best under a billion" top-performing companies in Asia - those worth under US$1 billion - including one New Zealand company and 13 Australian companies.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,082.484 | |||
| ASX200 | 4,495.710 |  |
91.500 | 2.10% |
| DOW | 10,269.470 | |
254.800 | 2.50% |
| NASDAQ | 2,176.840 | |
62.800 | 3.00% |
| FTSE | 5,366.410 | |
141.200 | 2.70% |
| NIKKEI | 8,927.020 | |
103.000 | 1.20% |
| H-SENG | 20,623.830 | |
87.300 | 0.40% |
| NZX50 20 min delay, others last close | ||||
Top Movers
| PRICE | MOVEMENT | |||
|---|---|---|---|---|
| Market Opening Soon | ||||
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.787 |
| Euro | 0.559 |
| British Pound | 0.464 |
| Hong Kong Dollar | 5.556 |
| Japanese Yen | 60.230 |
| Singapore Dollar | 0.964 |
| US Dollar | 0.715 |
| Price as at 8:10 pm, 2 Sep | |
Central Plains Water seeking $3m
Central Plains Water (CPW) is sounding out shareholders for another $3 million to fund the next stage of its $200m Canterbury Plains irrigation scheme.
Heliventures put in liquidation
The ill-fated Saxton family is locked in an internal struggle over its helicopter business, with founder David Saxton obtaining a court order to wind-up the company.
Tax compliance takes less time but costs the same
KiwiRail: full steam ahead
Burger King sale deal agreed
Burger King Holdings agreed to sell itself to investment firm 3G Capital for US$3.26 billion, giving the No 2 US fast-food chain breathing room to fix its business and close the gap with leader McDonald's.
Nikon hints at revolutionary new model
Nikon is readying a camera model it hopes will create a new market, as speculation mounts it will soon unveil a product to counter harsh competition from makers of small, high-end cameras.
Housing figures dampen US recession fears
Australian trade surplus shrinks
Major job cuts for bank
Royal Bank of Scotland announced thousands of new job cuts on Thursday as the part-nationalised bank continues with its drive to trim costs and improve its profitability.
Payout decision against CPW upheld
Central Plains Water has lost its bid to avoid paying $46,000 to a Canterbury farming couple left out of pocket by "premature" restrictions placed on their land.
Fonterra rules out bank status
Dairy giant Fonterra has ruled out adding a bank to its business operations as farmers' borrowing options are squeezed by the failure of dairying lender South Canterbury Finance.
Dairy prices still 'wobbly'
Olam bid gets NZFS support
Are higher prices worth it?
Fancy paying more for your food? Of course not. But some say it may be the sacrifice we have to make to ensure a healthy horticulture industry.
Sponsored links
Quiet day for Euro markets
European stocks ended mostly flat on Thursday, as investors took a breather after the previous session's jump while recently-hit construction stocks extended their recovery, aided by a batch of positive US data.
US markets buoyed by housing, jobs data
The S&P 500 and Nasdaq advanced on Thursday, building on their best day in eight weeks in the previous session as data showed an improvement in pending home sales and a drop in initial jobless claims.
Market rises for second day
Kiwi gains against Aussie
Oil up on storm, explosion news
Crude oil futures rose further Thursday after a US warning that East Coast refineries were threatened by Hurricane Earl came on the heels of a fire on an oil and gas platform off the coast of Louisiana.
Banks ready for SCF funds
SBS Bank, Kiwibank and CBS Canterbury are picked as three savings institutions likely to gain a substantial chunk of South Canterbury Finance (SCF) bailout money.
PGC, Torchlight weigh up which assets to bid for
Pyne Gould Corporation (PGC) and Torchlight Fund, linked to its cornerstone shareholder, are interested in buying assets within failed lender South Canterbury Finance (SCF).
New Zealand banks still tops
Rich blamed for SCF fall
Brooklyn Rise goes for a song
A slice of a troubled Wellington housing development, on which Lombard Finance is owed more than $40 million, has been sold by receivers for just $2.25 million.
How you can get help
Inland Revenue is running Budget Tax Change Seminars especially for businesses throughout New Zealand over the next few months. There are some particularly for small & medium businesses, and for Maori & ethnic businesses.
God did not create the universe, says Hawking
Oil platform explosion in Gulf of Mexico
Couple lose $15,000 in cunning car scam
Word 'gay' banned from classic Aussie song
Daily trivia quiz: September 3
Bowler's ban for flopping out his 'old fella' overturned
Top 10 fashion purchase regrets
Inner-city container tower touted for Rugby World Cup
Taxpayers set up to take the hit
Mandatory water tanks proposed
Anderton and Parker talk transport
Maori MP 'amazed' by SCF reaction
All rise - On the House stands adjourned
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