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 5,557.417 arrow 5.320 0.10%
ASX200 5,394.530 arrow 13.600 0.30%
DOW 18,053.710 arrow 23.500 0.10%
NASDAQ 4,806.860 arrow 33.400 0.70%
FTSE 6,609.930 arrow 11.800 0.20%
NIKKEI 17,818.960 arrow 10.200 0.10%
H-SENG 23,349.340 arrow 15.700 0.10%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
PIL 0.029 arrow -0.010 -25.64%
VML 0.012 arrow 0.001 9.09%
RBC 0.340 arrow -0.030 -8.11%
SEA 0.021 arrow -0.001 -4.55%
SLG 0.120 arrow -0.005 -4.00%
PEB 0.850 arrow 0.030 3.66%
NPT 0.630 arrow 0.020 3.28%
Price as at 6:36 pm, 24 Dec

Currencies

RATE
Australian Dollar 0.958
Euro 0.638
British Pound 0.500
Hong Kong Dollar 6.031
Japanese Yen 93.570
Singapore Dollar 1.029
US Dollar 0.777
Price as at 4:10 pm, 27 Dec

Safety concerns close port

Delays expected after Lyttelton's container terminal shuts overnight due to understaffing.

Aussie dollar may lose battle

The Australian dollar may hit a historic low against the Kiwi and could even go below parity next year.

Tackling retirement village fishhooks

Anti-miners prepare court case

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