Kiwi dollar nudges parity with Aus
The Kiwi dollar could equal the Australian dollar in value today, with some saying it's just one more index of disparity to dissolve between the two countries.
The Kiwi dollar could equal the Australian dollar in value today, with some saying it's just one more index of disparity to dissolve between the two countries.
Entry-level Auckland home buyers are opting for older houses on smaller sections in need of considerable DIY work.
Equity crowdfunding is taking off, but prominent market figures warn about the potential dangers facing investors.
Oil rose after Iran's nuclear accord with world powers left the timing of increased crude supplies from the Opec member uncertain and as Saudi Arabia raised prices for shipments to Asia.
The Australian Government has announced that it will be involved in negotiations to set up the Asian Infrastructure Investment Bank. Almost certainly, New Zealand will join.
The Warehouse Group boss Mark Powell is to leave after a four-year stint in which he oversaw a major strategic shift, including acquisitions and a nationwide revamp.
A tough week on the US stock market ended quietly on Saturday.
Two of the more important characteristics of any stock exchange are size and liquidity.
The Government has yet to decide whether to join a multilateral bank to finance infrastructure in Asia, an initiative led by China but opposed by the US.
Consumer confidence has strengthened over the past three months, the Westpac McDermott Miller survey found, thanks to a rebound in rural New Zealand.
Pumpkin Patch's attempt to hose down market enthusiasm about a potential takeover failed to have the desired effect yesterday.
Export log prices dropped for the first time in eight months as shipments to China, the nation's largest market, exceeded demand.
The head of Australia's banking regulator says the current state of the housing market poses a possible risk to the economy, even if it isn't in a bubble.
The December quarter 2014 gross domestic product statistics, released this week, show the economy was a top performer last year.