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| NZ shares ease after Wall Street slides |
| The New Zealand sharemarket snapped a five-day run higher today when global stock markets eased on renewed fears about the strength of European banks.The benchmark NZX-50 index closed down 12.963 points, or 0.408 per cent, at... |
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Published: Wed, 08 Sep 2010 06:49 p.m. |
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| NZ dollar drifts lower in quiet trade |
| The New Zealand dollar eased slightly today as equity markets weakened on renewed fears about the strength of European banks.By 5pm, the NZ dollar was buying US71.70c from US71.94c at 8am and US72.32c at 5pm yesterday. It fell... |
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Published: Wed, 08 Sep 2010 05:51 p.m. |
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| Contact Energy joins GST price push |
| Contact Energy is the latest power company to signal it will increase its prices when GST rises on October 1.The Government is increasing GST to 15 per cent, from 12.5 per cent, at the same time as cutting personal tax rates.Prime... |
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Published: Wed, 08 Sep 2010 04:42 p.m. |
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| Opposition parties want inquiry into SCF |
| Opposition parties are demanding full disclosure of South Canterbury Finance's (SCF) situation before it went into receivership and a parliamentary inquiry into the way the Government handled the crisis.In Parliament today Finance... |
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Published: Wed, 08 Sep 2010 04:24 p.m. |
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| Earthquake rebuild will happen - but it may not be quick |
| Saturday's Christchurch earthquake may provide a kick-start for a depressed construction sector, but it will be months or even years before homeowners see the results.Industry leaders spoken to said they were confident they had... |
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Published: Wed, 08 Sep 2010 02:15 p.m. |
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| Property values in gradual decline: QV |
| Property values have continued to decline gradually over the past few months as market sentiment remains cautious, according to the August report by QV.Property values have dropped 1.1 since March this year, after rising 4.3 per... |
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Published: Wed, 08 Sep 2010 01:05 p.m. |
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