BUSINESS - MSC NewsWire

Stress tests important for banking supervision

What would happen to the banking system if a downturn in the Chinese economy caused a fall in New Zealand exports, rising unemployment, falling house prices, and three years of low payment to dairy farmers?

Source A RBNZ release

Reserve Bank states bank capital preferences

The Reserve Bank today published their in-principle decisions on capital requirements for registered banks. This is part of a thorough review of capital adequacy in the New Zealand banking system.

Source RBNZ

Peter Yealands parts way with winemaker

Yealands Wine Group granted suppression order as Marlborough Lines takes complete ownership reports Hamish rutherford for Stuff.

Source/ReadMore Stuff

Air NZ slams 'excessive pricing' by NZ airports, says law changes could cut plane ticket costs

Air New Zealand has slammed the "ravages of airport pricing behaviour" in New Zealand in support of changes to the Commerce Act it says would help curb airport owners' charging and cut air travel costs for passengers

Source/ReadMore Sharechat

NZ farmer confidence drops on concern about Mycoplasma bovis: Rabobank survey

New Zealand farmer confidence slid in the past quarter amid concern about the impact of Mycoplasma bovis cattle diseaseon the country’s agricultural sector, with the number of farmers expecting conditions to improve now only just outweighing those

Source/ReadMore Sharechat

Business supports NZ moves to limit greenhouse gases: Westpac NZ survey

Seven out of 10 Kiwi businesses want New Zealand to take action on limiting greenhouse gas emissions, though there’s less agreement on the way to achieve it, a survey of more than 1,200 business leaders commissioned by Westpac Banking Corp showed

Source/ReadMore Sharechat

'Through co-ops and collaboration, NZ can be the world's most sustainable nation'

Kiwi apex body, Cooperative Business New Zealand, says through co-operatives and collaboration, NZ can become the world’s most sustainable nation.

Source/ReadMore Voxy

NZ has scope to accelerate infrastructure spending to close gap sooner, IMF says

New Zealand's government has a strong enough balance sheet to close the nation's infrastructure deficit sooner, which the International Monetary Fund says would generate long-term economic gains

Source/ReadMore Sharechat

Trelleborg acquires tire distributor in New Zealand

TRELLEBORG, Sweden — Trelleborg A.B. has acquired TRS Tyre & Wheel Ltd., a New Zealand tire distributor specializing in tires and complete wheels for tire and tractor dealers.

Source A Tire Business release

Royal Wolf acquires leading container and storage company

Shipping container specialist Royal Wolf continues to grow its nationwide network and container fleet with the acquisition of storage and container company Spacewise.

Source Royal Wolf

NZ Post undergoing biggest-ever upheaval in face of letter decline, parcel demand

New Zealand Post, the national postal service first established in 1840, is undergoing the biggest upheaval in its history as technological change reduces letter volumes and stokes demand for parcel services, which are often more expensive to manage