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Aussie OCR stable at 2.5 per cent

The Reserve Bank of Australia said its currency, near a 4-year low, remains overvalued and needs to decline further to assist the economy, which is growing at a moderate pace.

NZ shares rise, led by Chorus after Comcom draft

Wall St down as China, US shoppers disappoint

Retail and manufacturing push up Australian profits

Australian company profits have ticked higher, thanks to healthier returns from the battered and bruised retail and manufacturing sectors.

Finzsoft shares soar 41%

Shares of Finzsoft Solutions jumped to a record after the financial software developer reported a profitable first half on Friday.

Tech firm in reverse listing

Inventory Technologies will join the NZX via a reverse listing using the shell of NZF Group, the listed financial services company blocked from liquidating this year.

Inflation right target: bank

Inflation is the right target for monetary policy, says Reserve Bank governor Graeme Wheeler, and has served the country well over the past 25 years.

Dairy payout below $5 a kg picked

Tomorrow will see the last GlobalDairyTrade auction before Fonterra releases its revised farmgate milk price forecast for 2014/15.

NZ shares rise; Air NZ climbs on falling oil while NZOG drops

Beef prices continue to set records

Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.

Profit takers drive NZX 50 lower

New Zealand shares fell yesterday, paced by Meridian Energy, Contact Energy and Mighty River Power as some investors looked to crystallise recent gains.

Bob Jones eyes UK

Wellington-headquartered investor Robt. Jones Holdings has added to its commercial and industrial property portfolio and is turning its attention to the British market.

NZ's cheapest homes revealed

A humble road in central Kawerau has been revealed as a bargain hunter's dream, laying claim to the cheapest stretch of residential real estate anywhere in New Zealand.

Grass will not cut it for cash cows

The grass-only dairy farm model has become a thing of the past for New Zealand as farmers increasingly turn to supplementary feeds to increase their production.

Liam Dann: All signs point to happy Christmas

The Christmas madness is about to begin and for many retailers the stakes have never been higher, writes Business Editor Liam Dann.

Most pass financial advice test

New Zealand's market watchdog has declined only one financial adviser application since the collapse of David Ross' Ponzi scheme two years ago.

China's rate cut spurs hopes for Australia

The Australian sharemarket looks set to bounce back from its worst week in 18 months thanks to China's unexpected interest rate cuts.

NZ on edge of phone revolution

New Zealand is on the edge of a smartphone revolution being led from an epicentre in Asia.