Otago Daily Times: Business News

Fuel cheaper, inflation 1%

 Fuel cheaper, inflation 1%

Annual inflation has fallen to 1% - the bottom of the Reserve Bank's 1%-3% target range - further dampening the likelihood of rises in the central bank's interest-driving official cash rate (OCR).

Restaurant Brands has tasty news

An upbeat report from Restaurant Brands excited interest from investors yesterday, with the company's share price rising 1.71% on strong volume.

Warning signs before failures: study

More than 80% of the finance company collapses which cost New Zealanders billions of dollars in lost investments were predictable, according to a University of Otago study.

ACC profit $2.1b, more than halved

ACC profit $2.1b, more than halved

Higher claims in the year ended June substantially reduced the profit reported by Accident Compensation Corporation but the government entity still managed a surplus of $2.1 billion in the period.

Cullen Fund return 17.35%

The New Zealand Superannuation Fund reported a negative return in September, down 0.4%, but is still providing an annual return of more than 17% on its investments.

ODT/directory - Local Businesses

CompanyLocationBusiness Type
Selwyn Grave Hairdresser & TobacconistDunedinHairdressers
Doug Nesbit Funeral ServicesBalcluthaFuneral Services
Alltech Garage DoorsDoors & Door Fittings
Lyndale HouseDunedinBed & Breakfasts
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