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Strong demand for NZ inflation indexed bonds in first sale of 2013

nvestors offered to buy more than six times the amount of inflation-indexed bonds on offer in the New Zealand Debt Management Office’s first sale of the securities this year. The government sold $200 million of the September 2025 bonds, which are adjusted for movements in the consumer price index, at a weighted average yield of 1.5014 percent. It received 64 …

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Vibrant fibre market more important than low prices, Adams says

The lowest price of broadband internet access is less important than ensuring consumers move as quickly as possible to high-speed fibre-based services, says Telecommunications Minister Amy Adams. “I don’t think the over-arching criteria in this is ‘what is the cheapest option’,” Adams told BusinessDesk. “If that was the case, we’d be sticking with dial-up. I don’t think you’d find any …

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Wellington Airport says regulator’s report flawed

Wellington International Airport, which is co-owned by Infratil and Wellington City Council, denies it’s extracting excessive profits and says the Commerce Commission has used a flawed model in assessing the transport hub’s returns. easy ways to make money The airport’s effective rate of return is 8.1 percent, within the regulator’s tolerance and has cheaper passenger landing charges than Auckland and …

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