New Zealand stocks were mixed in trading today. Early signs were that the market would break a two day mild upward run, but the trend reversed late in the day to be slightly positive at day’s end, with several stocks going ex dividend. The NZX50 Index, which is calculated on a gross basis and does not account for the ex …

DNZ Property Fund has hired Auckland International Airport’s property boss Peter Alexander to take over the reins when current chief executive Paul Duffy departs. Alexander, currently Auckland Airport’s general manager property and part of the transport hub’s senior management team, will join the sixth-biggest listed property entity by market value on Dec. 10, DNZ said in a statement. The property …

The government has set up a $2 million fund for small and medium sized exporters whose business has been caught up in Fonterra Cooperative Group’s false food scare. At a briefing in Auckland, Primary Industries Minister Nathan Guy and Trade Minister Tim Groser today announced a fund to aid smaller companies contact existing clients and protect business relationships that may …