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MediaWorks' television channel FOUR was last night named Media Brand of the Year at the CAANZ Media Awards.
The Financial Markets Authority (FMA) has today released a final version of its guidance note on KiwiSaver performance fees.
Leading New Zealand shower and tapware designer Methven Limited [MVN], has appointed Mrs Alison Taylor to the Board as an Independent Director.
CTU welcomes the campaign for a living wage launched today by the Service and Food Workers Union Nga Ringa Tota.
Simon Couper has resigned his position as Chair of the Fonterra Shareholders' Council effective immediately.
Couper's resignation came about due to his lack of comfort with some aspects of the Trading Among Farmers proposal.
Fonterra's Chairman Sir Henry van der Heyden said the Shareholders' Council had pulled out all stops to complete their due diligence on Trading Among Farmers in order to provide shareholders with their independent evaluation of the package before farmers had their final vote on June 25.
By Kymberly Martin, Strategist, Markets, BNZ
Despite some choppy trading over the past 24-hours the NZD/USD sits almost exactly where it did yesterday morning, at 0.7500.
CURRENCY: The budget came and went with little real effect on the NZD. The focus remains on EU headlines and any possible 'sugar pills' from policy makers.
RATES: Expect NZ yields to open little changed in line with offshore.
REVIEW
The Department of Labour's High Hazards Unit today issued a prohibition notice to the Broken Hills gold mine in Coromandel, shutting it down until a major issue is rectified.
ASB is cutting its 6 month and 18 month fixed home loan rates. The new rates are effective tomorrow, Friday 25 May.
These cuts follow reductions to the 1, 2, 3, 4 and 5 year fixed home loan rates announced last week.
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