Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

PRESS DIGEST-New Zealand newspapers - Aug 26

Published 26/08/2015, 05:48 am
© Reuters.  PRESS DIGEST-New Zealand newspapers - Aug 26
IAG
-
0293
-
QAN
-
ICAG
-

WELLINGTON, Aug 26 (Reuters) - Following are some of the lead stories from New Zealand metropolitan newspapers on Wednesday.

Stories may be taken from either the paper or Internet editions of the papers.

Reuters has not verified these stories and does not vouch for their accuracy.

DOMINION POST(www.stuff.co.nz)

KiwiRail needs $200m a year, Finance Minister says: Taxpayers will have to continue to subsidise KiwiRail hundreds of millions of dollars a year to keep it in operation, the Finance Minister says.

- - - -

Investors looking to bonds for better returns warned about the risks: Low interest rates may be driving income-seeking investors into investments that are riskier than they understand, an expert says.

- - - -

Six out of seven IAG (LONDON:ICAG) repairs found to be deficient in Govt investigation: Six out of seven quake repairs by insurer IAG IAG.AX were found to be deficient in a Government investigation.

- - - -

Delay on Filipino workers hits dairy industry: Immigration New Zealand (INZ) has come under fire for holding up permits for Filipinos wanting to work in the dairy industry. INZ said the delays were due to a higher level of scrutiny being placed on applicants.

- - - -

NEW ZEALAND HERALD (www.nzherald.co.nz)

Labour's support recovers to 30s: Labour's support has climbed back to the 30s for the first time in a Herald-DigiPoll survey since Andrew Little became leader nine months ago.

- - - -

Creditors back miner's administrators: Solid Energy creditors yesterday voted to retain the company's existing administrators and not to set up a creditors' committee.

- - - -

Air NZ, Cathay extend AKL-HKG alliance until 2019: Air New Zealand's AIR.NZ alliance with Hong Kong-based Cathay Pacific 0293.HK on the Auckland-Hong Kong route has been extended for another four years after the national airline got sign-off from Transport Minister Simon Bridges.

- - - -

TPP sceptics won't halt deal - Groser: Trade Minister Tim Groser has lashed out at public opposition to the Trans Pacific Partnership, saying he won't let "anti-trade forces" stand in the way of the contentious deal.

- - - -

Airport welcomes Jetstar move: Auckland Airport AIA.NZ chief executive Adrian Littlewood says the arrival of Jetstar QAN.AX on to regional routes will be a welcome boost for his company and passengers nationwide.

- - - -

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.