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    <title>sharechat.co.nz - Latest News</title>
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    <language>en-nz</language>
    <copyright>Copyright: (C) Tarawera Publishing Ltd</copyright>
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      <title><![CDATA[NZ Experience slashes 1H profit guidance in half]]></title>
      <description><![CDATA[New Zealand Experience expects its first-half net profit to come in about $750,000, well below its previous guidance of between $1.4 million and $1.6 million and below the $1.01 million it reported for its previous first half]]></description>
      <link>http://www.sharechat.co.nz/article/021ffec5/nz-experience-slashes-1h-profit-guidance-in-half.html</link>
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      <title><![CDATA[GPG sells Australian food assets to Mariner for A$3.2 mln]]></title>
      <description><![CDATA[Guinness Peat Group, the investment company in wind-down mode, agreed to sell its minority stakes in four food companies to ASX-listed Mariner Corporation for some A$3.2 million]]></description>
      <link>http://www.sharechat.co.nz/article/8d189440/gpg-sells-australian-food-assets-to-mariner-for-a-3-2-mln.html</link>
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      <title><![CDATA[Nosh's $1-a-litre milk "a great gimmick" says Foodstuffs]]></title>
      <description><![CDATA[Foodstuffs, the supermarket cooperative with about half the New Zealand  market, has scotched reports its Pak &lsquo;n&rsquo; Save stores have embarked on an  Australian-style price war for milk in response to a rival&rsquo;s $1/litre  promotion]]></description>
      <link>http://www.sharechat.co.nz/article/690c3051/nosh-s-1-a-litre-milk-a-great-gimmick-says-foodstuffs.html</link>
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      <title><![CDATA[Govt lifts minimum wage 50 cts to $13.50 an hour]]></title>
      <description><![CDATA[(BusinessDesk) &ndash; The government will lift the minimum wage 50 cents to $13.50 an hour from the start of April]]></description>
      <link>http://www.sharechat.co.nz/article/c029a985/govt-lifts-minimum-wage-50-cts-to-13-50-an-hour.html</link>
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      <title><![CDATA[Harvard's NZ dairy farm unit, posts FY profit]]></title>
      <description><![CDATA[DF1, the New Zealand dairy farmer owned by Harvard University&rsquo;s endowment fund, posted a profit of $4.87 million last year, having bought the Big Sky Dairy Farm properties in central Otago from their receivers]]></description>
      <link>http://www.sharechat.co.nz/article/7fc7bc92/harvard-s-nz-dairy-farm-unit-posts-fy-profit.html</link>
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      <title><![CDATA[Lower tax rate no "silver bullet" for more foreign investment]]></title>
      <description><![CDATA[Cutting the company tax rate isn&rsquo;t a &ldquo;silver bullet&rdquo; that would stoke foreign investment in New Zealand, according to the Inland Revenue Department]]></description>
      <link>http://www.sharechat.co.nz/article/f730b5b0/lower-tax-rate-no-silver-bullet-for-more-foreign-investment.html</link>
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      <title><![CDATA[Richard Chandler backs ASX-listed Gunns]]></title>
      <description><![CDATA[New Zealand-born billionaire Richard Chandler&rsquo;s investment vehicle will take a cornerstone stake in Gunns as part of the ASX-listed forest plantation owner&rsquo;s capital raising]]></description>
      <link>http://www.sharechat.co.nz/article/445281a5/richard-chandler-backs-asx-listed-gunns.html</link>
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      <title><![CDATA[Tower considers returning capital to shareholders]]></title>
      <description><![CDATA[Tower, the insurer that raised $81.3 million in 2009 to pursue growth opportunities, says it will consider returning capital to shareholders after being outbid in acquisitions by rivals with deeper pockets]]></description>
      <link>http://www.sharechat.co.nz/article/2266f3c0/tower-considers-returning-capital-to-shareholders.html</link>
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      <title><![CDATA[DNZ sells in Wellington, buys in Auckland]]></title>
      <description><![CDATA[DNZ Property Fund, whose shares are trading at a seven-month high, agreed to buy a Bunnings Warehouse property in Auckland&rsquo;s Mt Roskill for $24.5 million, while selling an office tower in Wellington for $20.3 million]]></description>
      <link>http://www.sharechat.co.nz/article/29f2b2c1/dnz-sells-in-wellington-buys-in-auckland.html</link>
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      <title><![CDATA[Hallenstein Glasson expecting a better first-half]]></title>
      <description><![CDATA[Hallenstein Glasson, the clothing retail chain, expects first-half earnings to be a quarter higher than last year, and plans to put more emphasis on its digital store strategy]]></description>
      <link>http://www.sharechat.co.nz/article/11da1f81/hallenstein-glasson-expecting-a-better-first-half.html</link>
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      <title><![CDATA[NZ dollar falls below 63 euro cents]]></title>
      <description><![CDATA[The New Zealand dollar dipped below 63 euro cents for the first time in  more than a week amid speculation Greek officials and private creditors  are preparing the final draft of a budget and structural measures needed  to free up the nation&rsquo;s secon]]></description>
      <link>http://www.sharechat.co.nz/article/abd8d541/nz-dollar-falls-below-63-euro-cents.html</link>
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      <title><![CDATA[Morning FX thoughts - 8 Feb '12]]></title>
      <description><![CDATA[Risk markets nudged higher. There was speculation during the NY session that an announcement from Greece was imminent]]></description>
      <link>http://www.sharechat.co.nz/article/97c125df/morning-fx-thoughts-8-feb-12.html</link>
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      <title><![CDATA[Economic views and news - Wednesday, 8 February '12]]></title>
      <description><![CDATA[CURRENCY: Further attempts towards the topside look likely as the Greek  bailout expectations reach a crescendo. Key resistance at 0.8380 remains  in place but may well be knocked on throughout today&rsquo;s local session]]></description>
      <link>http://www.sharechat.co.nz/article/aea07dae/economic-views-and-news-wednesday-8-february-12.html</link>
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      <title><![CDATA[While you were sleeping: Markets pause on Greece]]></title>
      <description><![CDATA[Shares in Europe closed flat and US stocks were edging higher on hopes that Greek political leaders will agree on the terms needed to secure fresh bailout funds]]></description>
      <link>http://www.sharechat.co.nz/article/bdedeb93/while-you-were-sleeping-markets-pause-on-greece.html</link>
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      <title><![CDATA[WSI first-half profit sinks 41%]]></title>
      <description><![CDATA[NZ Wool Services International, whose wool scouring business is the  target of Cavalier Wool Holdings, reported a 41 percent fall in  first-half profit as the deterioration of the global economy and a  strong New Zealand dollar sapped demand. &nbsp;]]></description>
      <link>http://www.sharechat.co.nz/article/b6d64ef0/wsi-first-half-profit-sinks-41.html</link>
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      <title><![CDATA[Auckland Airport flags higher passenger numbers]]></title>
      <description><![CDATA[Auckland International Airport, the country&rsquo;s biggest gateway, flagged monthly gains in both international and domestic passenger numbers in December]]></description>
      <link>http://www.sharechat.co.nz/article/86178c77/auckland-airport-flags-higher-passenger-numbers.html</link>
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      <title><![CDATA[Electricity industry stalwart, Barrie Leay, dies suddenly]]></title>
      <description><![CDATA[Long-time electricity sector leader Barrie Leay has died suddenly, in Australia]]></description>
      <link>http://www.sharechat.co.nz/article/e7a92d84/electricity-industry-stalwart-barrie-leay-dies-suddenly.html</link>
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      <title><![CDATA[NZ card spending creeps up 3.5 percent in January]]></title>
      <description><![CDATA[New Zealanders boosted spending on their EFTPOS cards by 3.5 percent in January, showing tepid growth, according to transaction processor Paymark]]></description>
      <link>http://www.sharechat.co.nz/article/9eb8d070/nz-card-spending-creeps-up-3-5-percent-in-january.html</link>
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      <title><![CDATA[NZ Treasury flags heightened risk from European debt crisis]]></title>
      <description><![CDATA[The Treasury says the European debt crisis has heightened risks to New  Zealand and its trading partners, though the situation isn&rsquo;t as bad as  the worst-case scenario painted in its pre-election fiscal and economic  update (PREFU) last October]]></description>
      <link>http://www.sharechat.co.nz/article/e52980b0/nz-treasury-flags-heightened-risk-from-european-debt-crisis.html</link>
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      <title><![CDATA[NZ Dollar Outlook: Kiwi to trade at elevated levels]]></title>
      <description><![CDATA[The New Zealand dollar may continue at elevated levels this week as employment data confirms the local economy is in recovery and investors await any signs of breakthrough in Greece&rsquo;s debt impasse]]></description>
      <link>http://www.sharechat.co.nz/article/160a1977/nz-dollar-outlook-kiwi-to-trade-at-elevated-levels.html</link>
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      <title><![CDATA[BNZ keeps interest margins "broadly stable"]]></title>
      <description><![CDATA[Bank of New Zealand, the local unit of National Australia Bank, reduced impairment charges on bad debts and kept its interest rate margins &ldquo;broadly stable&rdquo; in the final three months of last year]]></description>
      <link>http://www.sharechat.co.nz/article/a8b34bf4/bnz-keeps-interest-margins-broadly-stable.html</link>
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      <title><![CDATA[Kirkcaldie buyer yet to make firm offer]]></title>
      <description><![CDATA[Kircaldie &amp; Stains chairman Falcon Clouston met with a potential buyer for the company&rsquo;s ailing retail business, but didn&rsquo;t receive a firm offer]]></description>
      <link>http://www.sharechat.co.nz/article/c7619ac5/kirkcaldie-buyer-yet-to-make-firm-offer.html</link>
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      <title><![CDATA[NZ s resource management system "encourages delay"]]></title>
      <description><![CDATA[New Zealand&rsquo;s resource management consent process creates &ldquo;real  opportunites for a project to be intentionally delayed&rdquo; by its  opponents, says Bathurst Resources managing director Hamish Bohannan]]></description>
      <link>http://www.sharechat.co.nz/article/a0571665/nz-s-resource-management-system-encourages-delay.html</link>
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      <title><![CDATA[NZ 4Q wage inflation speeds up in private sector]]></title>
      <description><![CDATA[New Zealand wage inflation accelerated for private sector workers and slowed for public servants in the fourth quarter, leaving overall labour costs benign enough to ensure the central bank keeps interest rates low]]></description>
      <link>http://www.sharechat.co.nz/article/c2984ac1/nz-4q-wage-inflation-speeds-up-in-private-sector.html</link>
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      <title><![CDATA[GuocoLeisure feels impact of euro-zone debt crisis]]></title>
      <description><![CDATA[GuocoLeisure, the Singapore-listed investment group once known as  Brierley Investments, posted a decline in first-half sales on a drop in  revenue from its UK-based Clermont Leisure casinos and said Europe&rsquo;s  debt crisis is denting sentiment]]></description>
      <link>http://www.sharechat.co.nz/article/44a38146/guocoleisure-feels-impact-of-euro-zone-debt-crisis.html</link>
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      <title><![CDATA[NZ dollar holds near 5-month high vs. greenback]]></title>
      <description><![CDATA[The New Zealand dollar held near a 5-month high against the greenback  and near a record versus the euro following better-than-expected US jobs  data and concerns Greece&rsquo;s political leaders will fail to reach the  conditions of a 130 billion euro ba]]></description>
      <link>http://www.sharechat.co.nz/article/21729743/nz-dollar-holds-near-5-month-high-vs-greenback.html</link>
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      <title><![CDATA[Lombard defence: "not business as usual"]]></title>
      <description><![CDATA[Lombard Finance &amp; Investments issued the offer documents that have landed it in trouble in recognition that it wasn&rsquo;t &ldquo;business as usual&rdquo;, according to the defence]]></description>
      <link>http://www.sharechat.co.nz/article/495ba5d1/lombard-defence-not-business-as-usual.html</link>
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      <title><![CDATA[UPDATED: South Canterbury's Dairy Holdings stake sold for $56.4M to existing shareholders]]></title>
      <description><![CDATA[The receivers of South Canterbury Finance sold the failed finance company&rsquo;s 33.6 percent stake in Dairy Holdings to existing shareholders and the dairy farm group&rsquo;s US inve]]></description>
      <link>http://www.sharechat.co.nz/article/e96a7814/updated-south-canterbury-s-dairy-holdings-stake-sold-for-56-4m-to-existing-shareholders.html</link>
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      <title><![CDATA[Govt seeks more Chinese investment]]></title>
      <description><![CDATA[Chinese investment in New Zealand is tiny compared to Australia and  needs to grow &ldquo;to levels that reflect the growing commercial  relationship with China,&rdquo; the government says in its NZ Inc strategy for  engagement with the world&rsquo;s fast]]></description>
      <link>http://www.sharechat.co.nz/article/171d4202/govt-seeks-more-chinese-investment.html</link>
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      <title><![CDATA[NZ rivals put case seeking overturn of Crafar farm sale]]></title>
      <description><![CDATA[A lawyer representing a group of New Zealand farmers wanting to oust a Chinese buyer of the so-called Crafar farms argued the Chinese investor is just &ldquo;putting money up&rdquo; and intends to be only a passive investor]]></description>
      <link>http://www.sharechat.co.nz/article/9906dca3/nz-rivals-put-case-seeking-overturn-of-crafar-farm-sale.html</link>
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      <title><![CDATA[Barfoot Auckland property sales lift in January]]></title>
      <description><![CDATA[Auckland&rsquo;s January residential house sales were the strongest they&rsquo;ve been in four years, according to Barfoot &amp; Thompson]]></description>
      <link>http://www.sharechat.co.nz/article/cecb5e92/barfoot-auckland-property-sales-lift-in-january.html</link>
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      <title><![CDATA[Construction to be foundation of NZ economic rebound]]></title>
      <description><![CDATA[The construction sector is likely to be the foundation of healthy growth in the New Zealand economy over the next two years, with rebuilding after Christchurch&rsquo;s earthquakes only part of the lift]]></description>
      <link>http://www.sharechat.co.nz/article/0f539260/construction-to-be-foundation-of-nz-economic-rebound.html</link>
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      <title><![CDATA[NZ had record net loss of migrants to Australia in 2011]]></title>
      <description><![CDATA[New Zealand recorded its biggest-ever net loss of migrants to Australia in 2011, underlining the appeal of life across the Tasman, where wages are higher, jobs more plentiful and living standards are superior]]></description>
      <link>http://www.sharechat.co.nz/article/d0791b93/nz-had-record-net-loss-of-migrants-to-australia-in-2011.html</link>
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      <title><![CDATA[NZX share and debt trading underlining stronger start to 2012]]></title>
      <description><![CDATA[The volume of trading in shares and bonds on the NZX jumped last month in a sign the local exchange may be heading for a stronger year in 2012 as the local economy picks up pace]]></description>
      <link>http://www.sharechat.co.nz/article/ac8671d0/nzx-share-and-debt-trading-underlining-stronger-start-to-2012.html</link>
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      <title><![CDATA[PMP writes down value of NZ magazine distributor]]></title>
      <description><![CDATA[Printer PMP has written down the value of Gordon and Gotch, New Zealand&rsquo;s largest magazine distributor and says its New Zealand printing business is encountering difficult market conditions]]></description>
      <link>http://www.sharechat.co.nz/article/3417ad35/pmp-writes-down-value-of-nz-magazine-distributor.html</link>
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      <title><![CDATA[Dairy Holdings shareholders buy out remaining investors]]></title>
      <description><![CDATA[Shareholders of Dairy Holdings, which owns 58 dairy farms in the South Island, have bought shares owned by the collapsed South Canterbury Finance (SCF) and others]]></description>
      <link>http://www.sharechat.co.nz/article/9b6f6823/dairy-holdings-shareholders-buy-out-remaining-investors.html</link>
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      <title><![CDATA[Warehouse cuts profit guidance]]></title>
      <description><![CDATA[Warehouse Group, the country&rsquo;s biggest listed retailer, cut its guidance on adjusted profit for the current financial year, blaming a squeeze on margins in recent months]]></description>
      <link>http://www.sharechat.co.nz/article/ca47b992/warehouse-cuts-profit-guidance.html</link>
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      <title><![CDATA[NZ dollar holds near 5-month high]]></title>
      <description><![CDATA[The New Zealand dollar held near a five-month high as rising commodity prices stoked optimism global growth will revive enough to underpin demand for the nation&rsquo;s agricultural exports]]></description>
      <link>http://www.sharechat.co.nz/article/4264bd76/nz-dollar-holds-near-5-month-high.html</link>
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      <title><![CDATA[Economic news & views - Friday, 03 February '12]]></title>
      <description><![CDATA[CURRENCY: Topside resistance at 0.8380 will be questioned during today&rsquo;s  local trading session. Supply issues for buyers are accentuating the  moves as underlying demand remains unsatisfied at this point]]></description>
      <link>http://www.sharechat.co.nz/article/9d867667/economic-news-views-friday-03-february-12.html</link>
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      <title><![CDATA[While you were sleeping: Resting on January laurels]]></title>
      <description><![CDATA[It's been a great start to the year and investors found little reason to change much today, ahead of January's US jobs report due tomorrow]]></description>
      <link>http://www.sharechat.co.nz/article/3c879d57/while-you-were-sleeping-resting-on-january-laurels.html</link>
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