The split of economic fortunes of transtasman neighbours New Zealand and Australia was exposed yesterday as the NZX50 reached an all-time high and the ASX200 continued to struggle.
A slew of data being released in the United States this week is likely to spark some investor action in what is normally a quiet holiday week here and abroad, Craigs Investment Partners broker Peter McIntyre says.
The strength of the New Zealand dollar and available cash proved an ideal combination for Infratil and the New Zealand Superannuation Fund, which have combined to buy Australia's fourth-largest retirement village operator.
The New Zealand wine industry appears in good heart as increased profitability drives industry-wide optimism.
Headline margins on imported diesel and petrol have continued to climb against expectations, leading Forsyth Barr to upgrade its target price on fuel retailer Z Energy.
Consumer confidence has continued to slide, particularly in rural and provincial New Zealand.
Smiths City appears to be following the recent retail trend after reporting a fall in its trading profit for the six months to October 31.
Abano Healthcare's operating profit for the six months ended November was in line with expectations and at the upper end of guidance, Forsyth Barr broker Andrew Rooney said yesterday.
The shortage of skilled workers in Otago-Southland is starting to bite as manufacturing and service sector growth leaves employers unable to fill some key positions.
Total job advertising in New Zealand fell slightly in November after a 0.3% fall in the previous month, with the surge seen earlier this year starting to flatten.
Spark has increased its focus on content with a new joint venture with Coliseum Sports Media New Zealand as it tries to gain a foothold in the crowded online television market.
The New Zealand dollar could reach parity with the Australian currency as early as the first quarter next year, following economic uncertainty in Russia and the Federal Reserve adopting a more cautious tone.
The latest economic growth data for New Zealand's economy was historical but ANZ chief economist Cameron Bagrie said it still suggested the economy was in good shape heading into next year.
Fuel prices are creating significant headlines and will drive large profit growth for Air New Zealand in the second half of the 2015 financial year.
Significant headway has been made in the past few years in improving New Zealand's balance sheet, ANZ chief economist Cameron Bagrie said yesterday.
Cheaper funding costs and strengthening loan book quality helped keep the non-banking sector stay competitive and produce sound financial results.
The Government's treasured financial surplus is in danger of evaporating, with Finance Minister Bill English facing the prospect of never reaching his much-talked about goal of returning the Crown accounts to black.
Construction, tourism, finance and insurance and recreational service providers in Otago and Southland are upbeat leading into Christmas.
New Zealand's non-banking sector feels there is a possible threat of disruption with a new player entering the market and having an impact on the incumbents.
Central Otago and Queenstown Lakes median rents increased substantially in the year ended November while rents grew modestly in Dunedin and fell in Clutha and Waitaki.
