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WEBIwi-owned milk processor Miraka has announced a forecast payout of $9.17 a kg of milk solids for the 2024/25 season and confirmed an $8 payout for the 2024 season just gone. Miraka chief executive Karl Gradon said Miraka farmers had experienced a difficult period of low commodity prices and higher costs. “We’re supporting them with a strong ...
Reserve Bank pays Crown $597m dividend
WEB23 hours ago · Brent Edwards Tue, 08 Oct 2024. The Reserve Bank will pay the Crown a dividend of $597 million for the 2023/24 financial year. It said the dividend was agreed with Minister of Finance Nicola Willis in line with the bank’s dividend principles. The bank’s annual report for the year ended June 30, 2024, said after a comprehensive.
Interest rate cuts: How 50 basis points could become the new 25
WEB2 days ago · Harbour Asset Management research analyst Shane Solly on the week ahead in the markets. Economists are pricing in an interest rate cut, but a question remains on whether the RBNZ will go for 25 basis points or 50. Eyes are set on the Reserve Bank of New Zealand this week, with the second-last monetary policy decision scheduled for …
Government lists fast-track projects
WEB2 days ago · Infrastructure Minister Chris Bishop. Brent Edwards Sun, 06 Oct 2024. The Coalition Government has released the list of 149 projects that will be included in the Fast-track Approvals Bill, with Infrastructure Minister Chris Bishop saying they will help fix the housing crisis, improve energy security and deal with the infrastructure deficit.
The NBR Podcast - National Business Review
WEB22 hours ago · Podcast #10: Air NZ fares lower than last year, CEO says. LISTEN: The next episode of NBR’s podcast features Air NZ CEO Greg Foran on airfare criticisms, why $1b of planes are grounded, and hiking fees for tourists. …
Tech & Innovation - National Business Review
WEB5 days ago · High quality, low quantity: the startup battle for talent. Venture capitalists and startup founders talk industry dynamics at the NZ Aerospace Summit in Christchurch. Will Mace Tue, 24 Sep 2024. Tech & Innovation. 2.
High interest rates set to be around for longer - National Business …
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Politics - National Business Review
WEBNew Zealand’s trade deal with the UAE the fastest ever. It will remove duties on 98.5% of New Zealand exports as soon as it comes into effect. Brent Edwards Thu, 26 Sep 2024. Politics. 4.
Inflation falls to 4.7%; domestic prices remain sticky
WEBJan 24, 2024 · What’s at stake: Whether the RBNZ needs to hike the official cash rate again in 2024 because of stubborn inflation pressures. Background: Stats NZ data out today showed annual inflation fell to 4.7% in the year to December. The central bank kept the OCR at 5.5%, as widely expected, in November.But it said it had a ‘willingness’ to hike again, if needed this year.
NBR Listers seek clarity over upcoming trust tax changes
WEBJonathan Mitchell Fri, 08 Mar 2024. Those on the NBR List are among a group of New Zealanders seeking guidance and clarity about the upcoming changes to the trust tax rate. NBR has reported recently about the proposed April 1 changes from 33% to 39% as causing a great deal of confusion following guidance to-and-fro from Inland.