Latest from Companies

Kirk Hope: Ensuring fiscal stability a delicate balancing act
The overarching theme for banking around the world in 2013 will continue to be financial stability - how to achieve it, and how to maintain it, writes Kirk Hope.

Brian Gaynor: NZX's growth needs ethical foundations
January was a great month for sharemarkets with the NZX 50 Gross Index gaining 4.6 per cent while the ASX200 Accumulation (gross) Index appreciated 5 per cent.

Briscoes profits up 9pc on strong Xmas
Briscoe Group says annual profit climbed at least 9 per cent after a good Christmas sales period.

Slim vote to hold cash rate
The NZIER shadow board believes Reserve Bank governor Graeme Wheeler should leave the official cash rate on hold at 2.5 per cent tomorrow but, like last month, the margin by which they prefer that to a rate cut is narrow.

Stock Takes: Busy year ahead for NZX listings?
This year is shaping up to be a very busy one for new sharemarket listings...

Bryan Gould: Crisis in manufacturing goes unheeded
An uncompetitive economy like ours becomes more and more dependent on those fewer and fewer sectors that can compete in international terms, writes Bryan Gould.

Auckland property unaffordable - study
Auckland continues to be one of the most unaffordable cities in the world to buy a home, with an international study ranking London, New York and Los Angeles more affordable.

KCL looks at new venture
Executives running the country's biggest real estate syndicator, managing property assets valued at about $850 million, are examining a new venture.

Pumpkin Patch leads falls in selloff of shares
New Zealand shares were sold off across the board yesterday following a strong run earlier in the week.

Moderate lift in US markets
US financial markets have taken a breather after weeks of intense haggling throughout the debate on the fiscal cliff.

Million dollar home sales up 36pc
Nearly 3000 homes sold for $1 million or more last year - a 36 per cent increase on 2011, new figures show.

Big crop of listings likely
Market players are picking a bumper year for new sharemarket listings on the back of strong sharemarket gains and investor appetite for equities.

Dann: Brokers and bankers all in a buzz
The local market has been hotter than the mid-January sun for the past few weeks, writes Liam Dann. Market reports have been noting fresh five-year highs nearly every day.