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 5,777.637 arrow 19.699 0.34%
ASX200 5,713.100 arrow -12.200 -0.20%
DOW 18,162.990 arrow 121.500 0.70%
NASDAQ 5,106.590 arrow 73.800 1.50%
FTSE 7,033.330 arrow 84.300 1.20%
NIKKEI 20,551.460 arrow 78.900 0.40%
H-SENG 28,081.210 arrow -168.700 -0.60%
NZX50 20 min delay, others last close

Top Movers

  PRICE MOVEMENT
PEB 0.660 arrow -0.060 -8.33%
MCK 1.510 arrow 0.090 6.34%
FFW 1.380 arrow 0.080 6.15%
PPP 0.050 arrow -0.003 -5.66%
SCY 0.530 arrow -0.030 -5.36%
AWF 2.400 arrow 0.100 4.35%
SEK 3.250 arrow 0.130 4.17%
Price as at 6:39 pm, 28 May

Currencies

RATE
Australian Dollar 0.944
Euro 0.662
British Pound 0.472
Hong Kong Dollar 5.619
Japanese Yen 89.750
Singapore Dollar 0.977
US Dollar 0.725
Price as at 8:50 pm, 28 May

Gold Awards finalists announced

Wellington businesses are sharp, sophisticated organisations, the Wellington Gold Awards organiser says.

Gina Rinehart loses family trust

Gina Rinehart has lost control of a AU$5 billion family trust after a court appointed her eldest daughter trustee.

Just desserts for Tip Top boysenberry

Taxman's wrath not 'pretty'

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