Surge in net migration in September
Surge in net migration in September
New Zealand's net migration surged in September as fewer New Zealanders moved to Australia.
Dene Mackenzie
Call to demand taxation change
Call to demand taxation change
It is time for New Zealanders to demand changes to the tax treatment of their savings, Dunedin superannuation specialist Rhodes Donald says.
First Cxbladder test commercial sales
First Cxbladder test commercial sales
Dunedin-based cancer diagnostic specialist Pacific Edge capped off a fine week by announcing it had completed the first commercial sales of Cxbladder tests.
Record growth for SI index
Record growth for SI index
The Deloitte South Island index rocketed upwards in the three months ended September, gaining an astonishing $1.6 billion, or up 22.7%, Deloitte corporate finance partner Paul Munro said yesterday.
Airport profit worry
Airport profit worry
The Commerce Commission's view of Christchurch International Airport's proposed pricing raises the possibility of regulatory interference in the sector, Forsyth Barr broker Andrew Rooney says.
Some cheer in interim fix
Some cheer in interim fix
Asian markets took heart from the passing yesterday by the United States Senate and House of Representatives of spending measures designed to reopen the Government.
Default KiwiSaver provider retendering queried
Default KiwiSaver provider retendering queried
Dunedin financial adviser Peter Smith has taken issue with the Government's intention to retender for default KiwiSaver providers.
Political risk hangs over Meridian offer
Political risk hangs over Meridian offer
The political risk of a future Labour-Green government centralising the New Zealand electricity industry still hangs over the initial public offering of Meridian Energy, Milford Asset Management senior analyst William Curtayne says.
Inflation at 1.4% as CPI up 0.9%
Inflation at 1.4% as CPI up 0.9%
The sharp rise in consumer price inflation was hurting lower-income families and people in Canterbury, Council of Trade Unions economist Bill Rosenberg said yesterday.
Markets waiting for direction
Markets waiting for direction
Global markets are likely to continue drifting without direction until a resolution is reached on the United States debt crisis, Craigs Investment Partners broker Chris Timms said yesterday.
Methven lifts first-half profit, cuts debt
Methven lifts first-half profit, cuts debt
The earnings recovery of tapware maker Methven has been confirmed with a 21% increase in the first-half profit on better trading in New Zealand and the United Kingdom.
LVRs starting to take effect
LVRs starting to take effect
The Reserve Bank yesterday defended the introduction of its loan-to-value ratios (LVRs), which are being blamed for the substantial drop in first-home buyers in September.
World markets appear optimistic on US fiscal deal
World markets appear optimistic on US fiscal deal
Global sharemarkets traded up yesterday on signs politicians involved in debt ceiling negotiations may be close to a deal to reopen shuttered United States federal agencies and prevent a damaging default on federal debt.
Xero shares lift past $20 mark
Xero shares lift past $20 mark
Shares in Xero soared through the $20 barrier yesterday as investor interest in the software accounting firm was piqued further following a successful capital raising.
Otago-Southland leads service sector rise
Otago-Southland leads service sector rise
New Zealand's service sector showed increased levels of expansion in September, the latest BNZ-BusinessNZ performance of services index shows.
Call for cross-party agreement
Call for cross-party agreement
Former prime minister Dame Jenny Shipley is calling on all political parties to consider seeking a new cross-party agreement on retirement income policy.
Consumers still careful about debt
Consumers still careful about debt
There is as yet no clear improving trend in the spending intentions of New Zealand consumers, BNZ chief economist Tony Alexander says.
End of cheap money looms for New Zealand
End of cheap money looms for New Zealand
New Zealand seems likely to be one of the first developed countries to probe the path back to normal interest rates, with official rate increases starting next year.
Telecom 4G not yet for Dunedin
Telecom 4G not yet for Dunedin
Dunedin is the conspicuous name missing from the list of centres in which Telecom will launch its 4G network on November 12.
Small businesses unhappy with councils
Small businesses unhappy with councils
Incoming councils are being urge to focus more on supporting their local business community, following the release yesterday of a new survey that reveals widespread dissatisfaction among small to medium-sized enterprises (SME) operators.