National business
Australia slashes interest rates
By DAVID HARGREAVES - Businessday | 04:44PM
Australia's official interest rates have been cut to 4.25 per cent from 5.25 per cent.
Market activity slumps in November
NZPA
Wild swings in sharemarkets around the world in the past six weeks are thought to be responsible for a sharp fall in activity on the New Zealand stock exchange.
Strategic floats moratorium plan
BusinessDay.co.nz
Strategic Finance says it has struck a deal with its trustee and financier over a proposed moratorium that could see investors paid back the $330 million they are owed - plus interest - over five years.
Finance company sector outlook mixed
Finance company collapses in the last year have hit the property development industry, but it is vehicle dealerships that will suffer in the future with the withdrawal of their financiers, a report said today.
More National business Stories
- Kiwi continues fall
- NZX trading activity plunges
- Delegat's sees strong growth
- US banks suffer biggest one day fall
- Investors approve North South Finance moratorium
- Report of AAPT bid speculation: Telecom
- Green light for $140m Orewa retirement village
- Wall St stocks plunge
- Sharemarket sheds 2pc on opening
- Huge rate cut expected on Thursday
- Ports co makes fourth offer to union
- Sending cash home cheaper
- Macquarie cuts 10-15pc jobs across Asia - sources
- Gloomy outlook for farming
- Builders fear hard blow from downturn
- Hanover says no to statutory management
- Canterbury Homes under pressure
- City stake in airport more than estimated
- North South directors quizzed
- Taskforce clarifies trans-Tasman merger position
- How deep will Dr Bollard cut?
- Jasons posts improved results
- St Laurence offshoot loses $34.84m
- OCR cut will increase margin pressure: CBS
- Dorchester loses $35m
- Apple Fields posts $1.58m loss
- Exporters call for 2pc cut
- NZ better off in P7 talks - Groser
- Council may cut airport stake
- From plastic to fantastic
- Outlook sunny for farmers, says banker
- Debt collectors want permanent bankruptcy records
- Forum to resurrect differential rate report
- NZ better off in P7 talks - Groser
- Firm turns 60 with full book
- New face wants a cut of the shaving action
- Investors angry as Hanover boss parties
- Tougher lending has silver lining for home-buyers
- Value investing: value for money
- Defunct Hanover a $200m cash cow
- So fix it, dear Henry, dear Henry
- Residential construction tanks
- New Red Shed blitz planned
- Google may be ogling you
- City firms fall over
- Up and over in less than 10 minutes
- School in dark on sex in park
- Body found in Hamilton hotel
- Student park sex shocks resident
- Mum accused of knifing tot claims: Masked man stabbed my boy
- An arena of streaming light
- Jubilee Bush inspiration
- Residents make noise on events centre plan
OUTLOOK: Economic activity in New Zealand is expected to reach its lowest level in the year ending March 2009, with activity contracting 0.1 percent, according to data released by the New Zealand Institute of Economic Research.
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