RBNZ delivers another 50-bps rate hike, OCR at 3.5%

NZ Windfarms holds its annual shareholder meeting today Informs the shareholders of its key business highlights Also announces governance changes within the company

Warehouse delivers sales of NZ$3.3 billion The company reported an NPAT of NZ$89.3 million Online sales increased 39.8%, accounting for 15.3% of total sales

Synlait Milk delivered its FY22 results today The company also shares its “refreshed” strategy Synlait said that it had returned to profitability

The NZ share market ends the week in the red The NZ50 was down 0.72% on global cues NTL gained 50%, while tech stocks lose

NZCC grants clearance to THL to merge with Apollo The clearance came after an undertaking to divest some ATL assets in NZ As per the company, the transaction is likely to be completed by year-end

Air NZ announced it is on the path to recovery. The airlines expects earnings to be in the range of NZ$200-NZ$275 million in FY23. Air NZ shares were trading in green at the time of writing this.

The New Zealand share market closes in the red as the NZX 50 benchmark index was down 0.62%.

MPG’s FY22 performance was below expectations due to COVID-19 pandemic-related challenges In FY23, the focus will be on being resilient and improving its Australian market The stock was up 10% in today’s trade

The NZ share market closed on a positive note on Tuesday. While Gentrack Group, New Zealand King Salmon Investments and Seeka, etc., witnessed share price gains, Plexure Group and Rakon were among the NZX decliners.

KMD Brands has today released its FY22 results, delivering a strong performance. It will pay a final dividend on 25 November.