Reserve Bank governor Graeme Wheeler has an increasing number of moving parts to juggle in his assessment of monetary policy, with the kiwi dollar higher than forecast, a resurgent housing market and the impact of drought on economic output. Wheeler will keep the official cash rate at 2.5 percent when he releases his monetary policy statement on March 14, according …

Billionaire George Soros has installed a director on the board of Guinness Peat Group after the Quantum Strategic Partners fund his firm manages took an 8 percent stake in the investment company last year. GPG said Waldemar Szlezak, a representative of Soros Fund Management, was appointed as a non-executive director this week. “I am pleased to have the expertise and …

Corporate raider Sir Ron Brierley has passed the half-way point in his exit from Guinness Peat Group, the investment firm he founded in the early 1990s, and has raised some $17.73 million in a series of sales since October last year. The Sydney-based septuagenarian sold 5 million shares in GPG at 60 cents apiece for a total of $3 million …