Fisher & Paykel Healthcare is poised to grow, with a
rising currency the only impediment, Morningstar analyst
Chris Kallos says.
The New Zealand dollar's outperformance over the past month
has been exceptional, BNZ currency strategist Raiko Shareef
Silver Fern Farms faces a new problem of how to manage its
share register after the Dunedin meat company yesterday
received overwhelming support for its joint venture with
China's Shanghai Maling.
The Australian financial sector is in good heart with
solid earnings, stronger balance sheets and growing
dividends. But it will not be all plain sailing. Business
editor Dene Mackenzie reviews the latest Morningstar
Silver Fern Farms shareholders have voted overwhelmingly in
favour of selling a 50% stake in their company to
Chinese-owned Shanghai Maling.
The high-tech sector and tourism were key to Otago's economic
growth, Economic Development Minister Steven Joyce said
The Performance of Manufacturing Index was a picture of
health in September with manufacturing in Otago-Southland
looking particularly strong.
Reaching a surplus was a significant milestone and one the
public service could be proud of, but the job was far from
done, Finance Minister Bill English said yesterday.
Trade unions need to address the challenge of resourcing
their campaigns to avoid running them on a shoestring,
retiring Council of Trade Union president Helen Kelly says.
The pressure is building for the Reserve Bank to lower the
official cash rate to 2% despite most economists saying the
central bank believes 2.5% will be low enough to generate
inflation of 2%.
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