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Analysts upbeat on retail, building
Analysts are picking a positive reporting season driven by strong performances in the retail and construction sectors but warn New Zealand's high dollar could be a stumbling block this year.
Higher dollar eats away export gains
A stronger New Zealand dollar swamped further gains in world prices for export commodities last month.
Wall St rally stokes appetite for NZ dollar
The dollar gained against the greenback as improving US employment figures underpinned a rally on Wall Street.
Big Mac index - NZ dollar about right
The Economist's Big Mac Index finds New Zealand's stubbornly high dollar is marginally undervalued against the greenback.
Prospects 'limited' after job losses
Workers who will lose their jobs when the Summit Wool Spinners' Oamaru plant closes could struggle to find work and may have to move, the Otago Chamber of Commerce says.
Editorial: Calls to focus on exchange rate should be ignored
Times are very tough in manufacturing. The global recession has merely contributed an additional woe to a sector whose share of economic activity has been declining for more than two decades.
Manufacturers threaten to quit NZ
More leading export companies are on the verge of moving overseas due to the high dollar, Opposition MPs were told yesterday by manufacturers.
Prices drop in Dec - inflation now 0.9pc
Prices unexpectedly fell by 0.2 per cent during the December quarter, said Statistics NZ this morning, taking the annual rate of inflation to just 0.9 per cent. Seasonal falls in vegetable prices helped push the CPI down.
Do you 'self track'?
Just about everyone has some point in their life checked their resting pulse rate. Self-trackers go further, using apps and other devices to find out as much as possible about their bodies.
NZ dollar climbs higher against US
The New Zealand dollar rose against the greenback, even as US stocks fell, in what may be a run of safe-haven buying that's also lifted the Australian dollar.