The New Zealand dollar may remain relatively unchanged this week as investors weigh the potential for a slower pace of interest rate increases than previously expected. The local currency may trade between 85 US cents and 87.40 cents this week, according to a BusinessDesk survey of 11 traders and strategists. Six predict the kiwi will remain neutral this week, while …

Shareholders in Wellington Drive Technologies, whose annual accounts were tagged by auditor PwC over forecast cash flows, will vote next month on a sale of preference shares that could hand control of the company to cornerstone investor SuperLife. The Auckland-based maker of energy efficient refrigeration motors today said it raised $2.2 million of the $5 million sought in a one-for-five …

New Zealand producers’ input and output prices rose in the first three months of the year, driven by higher costs to generate electricity because of low hydro-lake levels and more expensive thermal generation. Producer output prices, which measure the prices received by New Zealand producers, rose 0.9 percent in the three months ended March 31, turning from a 0.4 percent decline …