Business News

Dollar up as Reserve holds OCR flat

Dollar up as Reserve holds  OCR flat

The so-called Super Thursday turned into a damp squib yesterday when the Reserve Bank and the United States Federal Reserve left their rates unchanged.

Offer also for Pacific Brands

The offshore cash splash buying up NZX listed companies continues, as dual-listed Pacific Brands has joined Abano Healthcare in receiving a separate, unsolicited offer from an overseas company this week.

Downer makes 33 mostly construction staff redundant

Downer makes 33 mostly construction staff redundant

Australasian infrastructure giant Downer will make 33 people from its Otago operations redundant, having flagged the potential job losses in early April.

Brewer Moa slashes annual loss 50% to $2.9m

Listed brewer Moa has slashed its previous annual loss by almost 50% to a $2.9million loss, while increasing revenue and continuing to keep downward pressure on operating costs.

OIO satisfied with land purchase

The Overseas Investment Office says it is satisfied with the decision to allow a foreign company linked to the Panama Papers scandal to buy New Zealand farmland.

ODT/directory - Local Businesses

CompanyLocationBusiness Type
Affleck & DoddAlexandraAccountants
Studio 2 Art StudioDunedinCommunity Groups
The Cedars B&BWanakaBed & Breakfasts
Pro Finish ContractingQueenstownContractors
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