Investors await clues from the US Federal Reserve on its plans for maintaining stimulus measures.

The stock traded as low as $2.48 this afternoon, before recovering to $2.50.

Industry concern the decision will make New Zealand less attractive to international mining investors.

Last week, the Justice Minister was under attack from all quarters over her decision not to implement the recommendations of the MMP Review. Now she’s taken to Twitter and is shooting with both barrels at anyone and everyone, often with wit and verve

TV presenter is one of six former students at Victoria University to get “distinguished alumni” honours.

The kiwi has tumbled more than 4 US cents this month, providing some relief for companies that make sales in greenbacks.

Treasury officials say house price inflation is seen peaking in the 2013 and 2014 years at 7.1%.

The sector, which accounts for about 70% of economic activity, last month expanded at the fastest pace since October.