The annual meeting season starts tomorrow with Air New
Zealand, but southern investors will have to be prepared to
travel if they want to attend any of the major company
Christmas was the key trading period for the majority of New
Zealand listed retailers and industry growth was likely to
continue and favour Briscoe Group and Restaurant Brands.
The Reserve Bank of Australia is not expected to cut its
official lending rate at its meeting this afternoon but
speculation is mounting over future moves.
Having an Xperia M4 Aqua to test during a Dunedin winter was
an inspired suggestion.
October looks likely to emulate September for investors as
the global market volatility that sent United States stocks
to their lowest quarter in four years shows no signs of
Dunedin continues to offer some of the most affordable
housing in the country, QV Dunedin valuer Tim Gibson said.
Infratil's sale of its Z Energy stake surprised the market
with its timing but did not change its investment story
materially, Forsyth Barr broker Suzanne Kinnaird said
The appointment of Shayne Elliott as chief executive of ANZ
Banking Group was a logical and largely expected move but his
tenure would not be without challenges, Craigs Investment
Partners broker Peter McIntyre said yesterday.
The exit by Infratil from Z Energy this week, and the
reduction in the stake held by the New Zealand Super Fund,
offers the petrol company a chance of a different future.
Origin Energy, which recently sold out of its controlling
stake in New Zealand-listed Contact Energy, is seeking
$A2.5billion ($NZ2.74billion) in cash as it tries to reduce
cars for sale
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