NZ dollar gains on weakening US dollar
The New Zealand dollar gained on a weakening greenback after comments from the Reserve Bank of Australia yesterday spurred traders' appetite for high-yielding currencies.
The New Zealand dollar gained on a weakening greenback after comments from the Reserve Bank of Australia yesterday spurred traders' appetite for high-yielding currencies.
Nearly 90pc of Fonterra's 10,500 farmer shareholders have voted to approve a new share trading plan.
Fonterra's farmer shareholders today voted in favour of the Trading Among Farmers proposal, approving plans to make its stock tradeable among themselves, freeing up capital for new investments.
Fonterra's farmers are voting today on whether to allow trading of shares in the co-op among themselves.
The Business Herald's executive pay survey shows the number of chief executives being paid more than $1 million jumped from 26 to 32 between 2008 and 2009.
The Capital Markets taskforce believes New Zealand could double the size of its public markets in five years - with a little ambition. Here's some of the potential game changers.
The dairy industry will pump $1 billion extra into the economy based on next season's Fonterra milk price forecast, says Westpac bank.
Fonterra farmers have been told their average cheque for next season may soar to record heights.
Fonterra today announced an opening forecast payout for the 2010/11 season of $6.90-$7.10 and said the full payout for the season might top $8.00.