Patrick O'meara
Morning Markets for 14 September 2015
In currency markets, the New Zealand dollar is at 63.10 US cents, 88.95 Australian, 40.89 pence, point-5564 euro, 76.07 yen, 4.02 renminbi and the TWI stands at 68.46. Audio
Financial markets and investors face a testing week
Financial markets and investors face a testing week this week with June quarter current account and economic growth figures due, and the United States Federal Reserve's two-day policy meeting. Audio
Markets Update for 11 September 2015
A brief update of movements in the financial sector. Audio
Morning Markets for 11 September 2015
Stock markets outside the United States fell on economic worries about China and Japan and its effect on global growth, though Wall Street has risen, due in part to a rebound in oil prices. Audio
Banks resigned to losing majority of investment in Solid Energy
Banks are resigned to losing up to two-thirds of their investment in Solid Energy. Audio
Ports of Auckland reports lower $63.2m profit
One-off costs from its failed Bledisloe Wharf extension plans has hit Ports of Auckland's annual profit. Audio
Southern Cross makes small profit
The health insurer, Southern Health has made an annual profit of $5.8 million in the year to June. Audio
NZ house prices rising, but appear to be slowing in Auckland
The Real Estate Institute says first time home buyers and investors are still the main drivers of the property market. Audio
Economists remain divided on Reserve Bank's next move
Some analysts remained convinced of another cut in October, others are picking March next year. Audio
Reserve Bank considering one more cut to the OCR
The hit to incomes from lower dairy prices and the flow on effect into weaker spending and investment has the Reserve Bank considering one more cut to the official cash rate. Audio
Reserve Bank Governor announces OCR decision
Radio New Zealand's economics correspondent Patrick O'Meara with the latest from Graeme Wheeler's announcement at the Reserve Bank. Audio
Economists bank on rate cut this morning
The Reserve Bank is expected to cut the benchmark interest rate for the third successive time later this morning. Audio
Mighty River looks at bundling new services to customers
Some energy retailers are cautious about offering other services such as broadband, as they battle to hold onto customers and lift their market share. Audio
Fed urged to hold off on raising rates
The World Bank has urged the US Federal Reserve to hold-off on raising interest rates until the global economy is more stable. Audio
Wine industry stepping up efforts to teach more about NZ wine
A wine lobby group says China has the potential to be New Zealand's largest full bodied red wine market, and they're prepared to pay handsomely for it. Audio
Treasury warns dairy prices may struggle to recover
The Treasury has warned dairy prices may not rebound by as much as first thought. Audio
Briscoe Group stands firm on takeover bid for Kathmandu
Briscoe Group is standing firm on its takeover bid for Kathmandu Holdings. Audio
Markets Update for 1 September 2015
A brief update of movements in the financial sector. Audio
Morning markets for 1 September 2015
On Wall Street, stocks have fallen after weekend comments from Federal Reserve vice chairman Stanley Fischer appeared to keep the door open for a rate hike in September. Audio
Earnings news
Foley Family Wines has reported a sharp drop in profit, falling 71 percent to 1 point 2 million dollars in the year to June compared with the previous year, due to valuation changes. Audio