Latest from Economy

NZ dollar breaks through 86 cent barrier
The New Zealand dollar has continued its rally, topping 86 US cents and charting a new record on a trade-weighted basis.

English: We will curb house prices
Finance Minister Bill English used a pre-Budget speech to say the Government will act to curb rising house prices which represent a risk to New Zealand's economic recovery.

New Zealand dollar hits record on TWI
The New Zealand dollar ran hot again yesterday, hitting another post-float high on its Trade-Weighted Index (TWI) and raising the possibility of overt Reserve Bank intervention to bring it back down.

English keeping grip on reins
Next month's Budget will show the Government remains on track to return to surplus in 2014/15, but Finance Minister Bill English signalled yesterday that that would not herald a loosening of the fiscal reins.

NZ house sales hit six-year high
The number of New Zealand house sales rose to a six-year high last month and prices touched a new record.

Govt on track for 2015 surplus - English
The Government remains on track to return to surplus by 2014/15 but its current "firm" control on spending will continue beyond that date.

Innovator plugs agri tech careers
Young people are overlooking the agricultural technology sector as a viable, well-paid career option, says Gallagher.

Fran O'Sullivan: Key bold before top Chinese meeting
Kiwi business people will have to be smart. Australia, for instance, is now facing strong competition in the hard commodities space from Africa.

Auckland housing boom warning
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.

Drilling boss made it on talent
Hoani Murray is an oil-rig boss, with weighty responsibilities and a generous salary.

Recovery spreading beyond Auckland and Christchurch - expert
If the economy ended 2012 with a reasonable head of steam up, it maintained it over the first three months of this year.

House values highest in seven years
Housing valuations are the highest in seven years, prompting a slowdown in the market as some buyers hold off until prices become more affordable.

Hiring boom at gaming company
An Auckland game development studio has more than quadrupled its staff numbers in less than three years and says it has no plans to slow down.

Alesco seeks Supreme Court appeal
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.

Home sweet home - at work
Apple's ring-shaped, gleaming "Spaceship Headquarters" will include a world-class auditorium and an orchard for engineers to wander.

Crown deficit smaller than forecast
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.

China sees investment openings
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.

Scrutiny targets services sector
The Productivity Commission has begun an inquiry, at the Government's behest, into how productivity in the services sector might be improved.

A 'yes' can add quality to career
New graduates are currently in demand in the nursing industry, but they must be eager and enthusiastic, and should never say "no" to anything.

$400m more a year for KiwiSaver
Up to $400 million more a year could be pumped into the KiwiSaver scheme with the latest contribution increases.

Forum chance to strengthen Chinese-NZ ties
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.