The Reserve Bank of New Zealand will find itself under more
pressure to cut its official cash rate after the Reserve Bank
of Australia cut its lending rate to 1.75%.
Silver Fern Farms says there has been no U-turn over
shareholder approval for the Shanghai Maling joint venture.
A strong share price running more than 100% up on a year ago
has prompted a broker's downgrade on Oceana Gold, despite it
booking a solid quarterly result.
Higher operating expenses and impairment charges hit ANZ New
Zealand's profit for the six months ending March 31, despite
interest income rising 5% in the period.
TSB Bank is making a play in the two-year fixed home loan
market by dropping its rate to just 4.19%, the lowest
two-year fixed rage on the Canstar database.
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