Business
Wizard Home Loans to close in NZ
Finance company GE Money is closing the Wizard Home Loans business, whose franchise owners have included former All Black Grant Fox, blaming the global credit crisis and tough New Zealand home loan market conditions.
Griffin's closes doors at Lower Hutt factory
Griffin's closes the doors on its Lower Hutt biscuit factory for the last time today, putting 228 people out of work.
NZOG buys stake in Pan Pacific Petroleum
New Zealand Oil & Gas (NZOG) is building a stake in Australian oil company Pan Pacific Petroleum, a partner in the Tui oilfields.
Slump dents commodity sector
By ALAN WOOD - The Press
Commodity export volumes in the dairy sector have already fallen more than 10 percent because of weak international demand, some market participants say.
Dairy farm profits plunge
More Business Stories
- US Fed Reserve slashes interest rates
- Westpac banks on carbon footprint reduction
- THL sells out of InterCity joint venture
- NZ dollar surges after US rate cut
- World goes wild for Wishbone toy bikes
- Dairy farm profits plunge
- PGG Wrightson to revise earnings down
- Possible Air NZ fines 'no cause for alarm'
- Kiwibank ads 'reprehensible'
- Warm welcome to end of gas-fire ban
- Christmas shopping rush off to slow start this year
- Boss faces charge after break-up bash turns sour
- New premises just their cup of tea
- Moody's mulls Telecom downgrade
- Cynotech looks for increased profit
- NZ energy records posted in September quarter
- Christmas sales flag
- Auckland City in $200m debt offer
- Councils post 42pc profit jump
- Company fined for bogus breast pills
- Michael Hill feels the strain
- Date set for Bridgecorp hearing
- ING urged to repay funds
- Retailers have fingers crossed for Christmas rush
- Airlines to face cartel charges
- Developer in IRD fight again
- More banks embroiled in Madoff scandal
- Geneva Finance, Plus SMS late with half-year reports
- It'll be a buyer's market in 2009
- Treasury warns of tough time
- Gloom as manufacturing sales volumes hit 5-yr low
US Fed Reserve slashes interest rates
Reuters
The US Federal Reserve has aggressively cut its target for overnight interest rates to a record low zero to 0.25 percent, and said it would employ "all available tools" to dispel a year-long recession.
Wall St gains after Fed drops rates
Consumer prices, housing fan new US economic fears
Honda could cut profit forecast
We don't yet get the gravity of this crisis
By ROD ORAM - Sunday Star Times
Congratulations, New Zealand! We have become the Road Runner cartoons' Wile E Coyote of nations. During the past year we have run full-tilt over the cliff. If we keep running and don't look down, our political and business leaders assure us, we'll be all right.
A principle of shareholders' rights
US Fed Reserve slashes interest rates
Reuters
The US Federal Reserve has aggressively cut its target for overnight interest rates to a record low zero to 0.25 percent, and said it would employ "all available tools" to dispel a year-long recession.
Wall St gains after Fed drops rates
Consumer prices, housing fan new US economic fears
Auto rescue being worked on quickly - Paulson
Banker plans to stay in fast lane
The Dominion Post
Kerry McDonald saw the rebirth of the BNZ from the inside. James Weir reports.
The long running air cargo 'cartel' saga
Dec 17 - Update: NZ dollar surges after US rate cut
NZPA
The Federal Reserve's decision to cut United States interest rates more aggressively than expected sent the New Zealand dollar racing to a five-week high.
Dec 16 - Close: Dollar regains ground ahead of US rate cut
Dec 17 - Open: Positive start for NZ stocks
NZPA
The New Zealand sharemarket had a positive start to the day today in the wake of news of the US Federal Reserve's surprisingly big interest-rate cut this morning.
Dec 16 - Close: Shares post moderate gains, led by top stocks
GE closes Wizard Home Loans
BusinessDay.co.nz
Finance company GE Money is closing the Wizard Home Loans business, whose franchise owners have included former All Black Grant Fox, blaming the global credit crisis and tough New Zealand home loan market conditions.
NAB in advanced Wizard talks
Defaults emerge from frozen ING funds
- Kiwibank ads 'reprehensible'
- Boss faces charge after break-up bash turns sour
- Chris Kahui: Exclusive interview
- 'I send 260 texts a day'
- Son shoots parents for confiscating Halo 3
- World goes wild for Wishbone toy bikes
- Naomi Watts chooses normal name for son
- Baby monkey put down after family tiff
- No let-up for all-rounder Chris Harris at 39
- Truck driver killed in 'terrible tragedy' at tip
WHAT NEXT? Workers at the Clifton Wool Scour face an uncertain future after plans to close were plant were unveiled yesterday.
• Read more
US Fed Reserve slashes interest rates
The US Federal Reserve has aggressively cut its target for overnight interest rates to a record low zero to 0.25 percent, and said it would employ "all available tools" to dispel a year-long recession.
Banker plans to stay in fast lane
Kerry McDonald saw the rebirth of the BNZ from the inside. James Weir reports.
- Courts
- |
- Environment
- |
- Education
- |
- Health
- |
- Korero
Tagger's killer denied bail
Convicted killer Bruce Emery's bid to get out of jail to spend Christmas with his family may not be over.
- Cricket
- |
- Golf
- |
- Basketball
- |
- Rugby
- |
- League
Eden Park delay jitters
Rugby World Cup organisers want the Government to use its powers under the Resource Management Act to fast-track the redevelopment of Eden Park.
Retail landlords nervous
Confidence among commercial landlords has plunged in the past three months, as LIZ McDONALD reports.