
More banks back OCR drop
An official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time.
An official cash rate of 3.5 per cent, which would have been base camp in previous cycles, is now being seen as the highest it will climb this time.
Vector chief executive Simon Mackenzie believes Tesla's new batteries will help transform the energy sector.
The dollar may decline this week as economists bet the Reserve Bank will start cutting interest rates as early as next month.
A booming property market is dragging rare finds on to the sales list - the latest the former Onehunga Post Office.
Macquarie chief executive Nicholas Moore took home more than A$45,000 ($47,618) a day last year as the investment group posted its best profit result since the global financial crisis.
KiwiSaver providers are struggling to move savers out of the default funds despite a requirement by the Government to give people more information on their choices.
Warehouse Group has posted a 5 per cent gain in third quarter sales to $635m which it said was in line with expectations.
Christopher Adams on Arria and Brian Henry's bright outlook, the Milford Asset Management FMA investigation and more.
Z Energy says work has slowed on its $20 million biodiesel plant but it will be finished in the next nine months.
Briscoe Group's sales across its homeware and sporting goods retail chains rose 4.3 per cent to $119.8 million in the first quarter.
New Zealand dollar parity with the Australian currency became less likely yesterday after the cross rate, contrary to expectations, fell in the wake of the Reserve Bank of Australia's decision to cut its official cash rate for second time this year.
The trial of former New Zealand Wine Company chief executive Peter Scutts over allegations of kickbacks continues today in the High Court at Auckland.
New Zealand should be the next cab off the rank in securing a free-trade deal with the Gulf Co-operation Council, with Prime Minister John Key "much more positive" about it.
The home loan environment could be "as good as it gets" for borrowers, although the potential remains for mortgage rates to track even lower, says Westpac NZ CEO David McLean.
Exchange operator NZX has bought livestock market information business iFarm for an undisclosed sum.
New Zealand is the second-cheapest country in the world for Chinese property shoppers but also one of the most popular, according to a Chinese real estate site.
The amount of vacant office space in the Auckland CBD has been shrinking for the past three years as the economy grows, business confidence reaches record highs, writes Chris Dibble.
Representatives from the Five Nations Beef Alliance are in Maryland this week pushing for beef trade liberalisation through the proposed Trans Pacific Partnership (TPP) deal.
Wool prices have recovered some lost ground and are expected to remain steady throughout the year, says ASB Bank in its latest commodities report.
Shares drop 9.35 per cent but chief executive says company still considering US listing at ‘optimal time’.
Spark has fallen from being the NZX's largest listed company by market capitalisation, valued at $6.51 billion in February, to the third largest at $5.17 billion.
China Steel Corp has green-lighted Kiwi-founded LanzaTech's first commercial plant.