
Auckland economy growing, says latest research
Auckland's economy grew by 2.8 per cent last year, ahead of its 10-year average and powered by finance, professional services and
Auckland's economy grew by 2.8 per cent last year, ahead of its 10-year average and powered by finance, professional services and
Kiwi business people will have to be smart. Australia, for instance, is now facing strong competition in the hard commodities space from Africa.
Hoani Murray is an oil-rig boss, with weighty responsibilities and a generous salary.
If the economy ended 2012 with a reasonable head of steam up, it maintained it over the first three months of this year.
Homeowners are increasingly holding on to their properties and some would-be buyers are getting fed up with Auckland's record prices, says Quotable Value.
Housing valuations are the highest in seven years, prompting a slowdown in the market as some buyers hold off until prices become more affordable.
Climbing house prices and a growing proportion of lending at high loan-to-value ratios are stoking fears at the Reserve Bank of a boom followed by a destructive bust.
McDonald's and Restaurant Brands have joined other retail giants who have decided against paying 16 to 19-year-olds the new youth wage.
Alesco, whose tax-avoidance battle with Inland Revenue is seen as a test case for disputes involving more than $300 million, is trying to appeal to the Supreme Court.
Apple's ring-shaped, gleaming "Spaceship Headquarters" will include a world-class auditorium and an orchard for engineers to wander.
The New Zealand government had a smaller operating deficit than expected in the first eight months of the financial year as it took in more income tax than it had forecast.
Finance Minister Bill English says Chinese investors are starting to think about New Zealand again as an investment destination, including for the state-owned enterprises share-float.
The Productivity Commission has begun an inquiry, at the Government's behest, into how productivity in the services sector might be improved.
Up to $400 million more a year could be pumped into the KiwiSaver scheme with the latest contribution increases.
New Zealand and Chinese leaders are gearing up for one of their most significant gatherings since the Free Trade Agreement was signed five years ago.
Will an increase in KiwiSaver employer contributions be covered by dropping my base pay back?
The situation in Cyprus has been a blunt reminder that the world is still working through debt problems which could lead to more global market wobbles.
Finance Minister Bill English has asked officials what tax reforms could materially lift the economy's performance, writes Brian Fallow.
The overwhelming majority of Auckland information and communications technology employers are planning to hire new staff this year as new projects are rolled out and customer demand increases, research shows.
Business confidence slipped in this month's ANZ Business Outlook survey, though it remains high by the standards of the survey's 25-year history.
New Zealand's research and development spend rose to $2.6b last year but remains far below many other OECD countries as a proportion of GDP.
Engineering and construction started this year as hot industries for jobs. The collapse of Mainzeal flooded the market with motivated jobseekers.