![Financial markets quiet after Abbott's victory](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Financial markets quiet after Abbott's victory
News of a change of government for Australia drew a largely ho-hum response from local financial markets yesterday.
News of a change of government for Australia drew a largely ho-hum response from local financial markets yesterday.
An 'open for business' Australia can only be good news for New Zealand, as its economic health remains vital for ours.
The near-term outlook for the global economy is sluggish, the OECD says, as a widespread slowdown in emerging economies offsets brighter prospects for advanced ones.
A Government report shows oil and gold production has slipped sharply, bucking a decade-old trend in which exports from the petroleum and minerals sector have tripled.
Is the pressure easing on the Auckland housing market? One economist thinks so, after the latest stats showed a largely flat property market.
US factories expanded last month at the fastest pace since June 2011 on a jump in orders. And a new report signals that manufacturing output could strengthen in coming months.
The outlook for New Zealand's banks is stable but a housing bubble triggered by a low interest rate lending boom remains a key credit risk, according to Moody's.
The recent clamour for capital gains tax, like so many cries from the mob throughout history, stems from envy and ignorance, writes Bob Jones.
Company profits were weaker than expected in the June quarter but they shouldn't be a drag on economic growth figures due out tomorrow.
Investors in soon-to-be-floated Meridian Energy could receive a net dividend yield of up to 6.8 per cent, based on analyst valuations.
China is fast becoming our dominant trading partner, but Kiwi business leaders based there say many New Zealand exporters are still taking a naive approach.
The stock of houses for sale in Auckland has fallen to a record low. A monthly report has found strong prices and high buyer demand are driving a quick sales turnabound.
Export and import prices moved in New Zealand's favour in the June quarter, but the effect was swamped by lower export volumes and rising imports.