Both the New Zealand and Australian sharemarkets came out of February relatively unscathed, Craigs Investment Partners broker Chris Timms says. He tells business editor Dene Mackenzie market...
The uncertainty being created by the Tax Working Group about the future tax system may make people hesitant about investing, causing the economy to stall, a Dunedin tax expert says.
Businesses are concerned pay equity claims may demand significant wage increases, Otago-Southland Employers Association chief executive Virginia Nicholls says.
Residential building activity appears to have weakened, despite the January lift in the number of building consents issued in some parts of the country.
Kiwi Property has committed to its long-awaited Galleria expansion at Silvia Park, which would enlarge the shopping centre by 18,000sq m and add 900 new car parks.
Business confidence in New Zealand is starting to look up as headline confidence and firms' view of their own activity continue to recover from post-election lows.
SKY Network Television will from today be offering new pricing and packaging for customers although brokers believe it will not be sufficient to stave off competitive pressures.
Chorus chief executive Kate McKenzie says the company is expected to track towards the top end of its full-year profit guidance after reporting half-year results yesterday in line with expectations.