A review of things you need to know before you go home on Wednesday; no retail rate changes, dairy dip, Fonterra writedown, Spierings out, payout raised, migration down, vacancies up, yields in transition, NZD lower

Original Source    2018-03-21 00:03

Here are the key things you need to know before you leave work today:
MORTGAGE RATE CHANGES No changes to report today.
TERM DEPOSIT RATE CHANGES None here either.
DAIRY AUCTION Today’s dairy auction brought the third dip in a row – in USD, down -1.2%. But in NZD there was a gain of +0.3%. The big-volume WMP prices were actually higher, up +1.2$% in NZD.
FONTERRA LOSES, SPIERINGS OUT Fonterra has booked a $405 mln writedown of its Beingmate investment and signaled that its dividend will be c…




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