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Market close: NZ sharemarket rises on inauguration joy - Vimarsana News

Market close: NZ sharemarket rises on inauguration joy

The NZX caught the celebration spirit after Wall Street pushed to new record highs.

A review of things you need to know before you go home on Tuesday; no retail rate changes, confidence up, MM jumps, tractor sales low, eyes on bank dividends, swaps & NZD little-changed, & more - Vimarsana News

A review of things you need to know before you go home on Tuesday; no retail rate changes, confidence up, MM jumps, tractor sales low, eyes on bank dividends, swaps & NZD little-changed, & more

Aussie regulator ASIC has investigated school banking programs. It found these programs claim to help children develop long term savings habits; however, providers were unable to demonstrate that in and of themselves they improve savings behaviour. They also found payments to schools for implementing school banking programs incentivise schools to encourage greater participation in the programs. Another finding is that young children are vulnerable consumers and are exposed to sophisticated advertising and marketing tactics by school banking program providers. And finally, ASIC said school b...

$16b construction sector hard-hit: 500 building projects impacted due to Covid - Vimarsana News

$16b construction sector hard-hit: 500 building projects impacted due to Covid

$16b construction sector hard-hit: 500 building projects impacted due to Covid 15 Dec, 2020 04:33 AM 4 minutes to read $16b sector one of New Zealand's largest employers. Photo / Greg Bowker Around 500 New Zealand building projects have been impacted due to Covid this year, Building and Construction Minister Poto Williams has been told. In one of the many incoming ministerial briefing papers out today, the Ministry of Business, Innovation and Employment told Williams of the toll the pandemic took on the sector. "While it is still too early to precisely estimate the impact of...

Market close: Large cap stocks push sharemarket to another new high - Vimarsana News

Market close: Large cap stocks push sharemarket to another new high

Investors staked their positions before the wind-down to Christmas.