RBA hold on rates expected after cuts
The Reserve Bank of Australia is widely expected to keep interest rates on hold when it meets this week.
The Reserve Bank of Australia is widely expected to keep interest rates on hold when it meets this week.
If each new vintage is like a newborn baby, then Nick Nobilo who today is appointed an officer of the New Zealand Order of Merit has a lot of children to keep track of.
New Zealand's only commercial tea estate has secured a deal to sell its products in upmarket London department store Harrods.
Uber's chief strategist has told Transport Minister Simon Bridges that NZ's approach to framing rules concerning the taxi-booking service will be watched around the world.
Powerco, the energy lines company, reported a 20 per cent drop in annual profit as it paid more tax.
Moa reported a net loss of $5.58m in the year ended March 31, compared to $5.82m last year.
NPT has posted a 16 per cent drop in annual profit, reflecting a bigger uplift in the year-earlier period from a revaluation of properties.
It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.
Sanford, New Zealand's largest listed fishing group, reported an 18 per cent drop in first-half profit as it wrote down the value of its fleet and Christchurch mussel plant.
Contact Energy shares jumped more than 14 per cent after announcing it will increase returns to shareholders.
Ask any big business what's holding them back and they'll have all the answers ready: government policy, the weak economy, the internet, consumers' reluctance to spend.
More than six months into the great oil price crash, US growth remains sluggish and cautious US consumers have banked the savings, writes Liam Dann.
Ryman Healthcare posted a 24pc gain in annual profit to $241.9m as the value of its properties increased and revenue rose.
Comvita beat its guidance with a 28pc gain in annual profit, saying purchases by Asian tourists helped drive sales.
Talk of a "parity party" may have died down but the New Zealand dollar's strength against its Aussie counterpart has been squeezing Cavalier Corporation's earnings and adding to the carpet....
Data released by REINZ - median national sale prices - does support the Prime Minister’s statement that house prices rose during the previous Labour government.
Nearly one in five Auckland homes are sold within two years of being purchased, the Government has been told by officials.
Head of Auckland's biggest new housing precinct says people looking for short-term fix aren't welcome.
Agents have welcomed new measures to track foreigners buying property but say tougher moves on money laundering are needed.
Moves to crackdown on property speculators have been welcomed as a step in the right direction by market commentators but one analyst says the changes may be too little too late.
Security software firm Wynyard Group sees annual revenue growing up to 73 per cent this year as it pursues contracts and gets closer to finalising a major distribution agreement..
The Government's property speculator tax crackdown will lead to large-scale real estate dumping before its October 1 start and widespread evasion and avoidance, experts say.
The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.
Economists are divided over the likely impact on the Auckland property market of new tax moves to target speculators.
Property tax changes should make it easier to collect tax from foreign investors, say bank economists.
The new tax rules will do little to cool Auckland's property market, according to John Key. The city needs more houses.
Mark Keating writes: The Government has been arm-twisted by its critics into a tax response to address Auckland property prices.
Last Thursday we saw a tale of two biotech companies. If you need evidence investing in medical research stocks is a lottery, this is the story for you, writes Christopher Niesche.
Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.
Experts say when Finance Minister Bill English stands up to announce his spending plans, there could be something in the Budget to help your pocket.