Business

Rod Drury

Call to unlock broadband content

A range of obstacles could slow down ultrafast broadband.

SOE sales an election punt

The arguments put up for asset sales are easily knocked over.

Property shake-out

Bank losses to crystallise in development loan sale.

HIH case goes to Australia

The Australian courts are to decide whether the New Zealand subsidiary of failed insurer HIH Australia owes $277 million to investors on that side of the Tasman.

Few details in Mana tax plan

A pledge to introduce a transactions tax is uncosted.

Indices

  VALUE MOVEMENT
NZX50 57,943.510 arrow 673.910 1.16%
ASX200 5,515.700 arrow 56.700 1.00%
DOW 17,619.510 arrow 23.200 0.10%
NASDAQ 4,986.870 arrow 28.400 0.60%
FTSE 6,520.980 arrow -99.500 -1.50%
NIKKEI 20,329.320 arrow 93.600 0.50%
H-SENG 26,250.030 arrow 283.100 1.10%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
Market Opening Soon

Currencies

RATE
Australian Dollar 0.881
Euro 0.611
British Pound 0.433
Hong Kong Dollar 5.257
Japanese Yen 83.220
Singapore Dollar 0.914
US Dollar 0.678
Price as at 8:50 pm, 1 Jul

Greece PM backflips on bailout compromise

Greek Prime Minister Alexis Tsipras signalled he's ready to end his standoff with creditors as the country gets a taste of financial meltdown.

Dairy prices tumble again

Dairy prices at Fonterra's GlobalDairyTrade auction have now fallen eight times in a row.

Plumbers working illegally

When embargoes go bad

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