Greens urge $100m ICT spend
Greens urge $100m ICT spend
The Green Party is proposing a future government invest $100 million as a way of kick-starting a second internet cable system to New Zealand.
Dene Mackenzie
Fairfax dropping Trade Me to pay off debt
Fairfax dropping Trade Me to pay off debt
The decision to sell its remaining 51% stake in New Zealand online auction site Trade Me was a sad indictment on the state of Australian publisher Fairfax Media, Craigs Investment Partners broker Chris Timms said yesterday.
Residential real estate market shows signs of cooling
Residential real estate market shows signs of cooling
Some slight cooling in the residential real estate market has appeared in the December BNZ-REINZ survey.
Construction expected to drive GDP: economist
Construction expected to drive GDP: economist
Stronger construction activity is expected to have driven increased economic activity in the three months to September.
Strong demand for Fonterra units
Strong demand for Fonterra units
Retail demand for Fonterra units remains high with the price of units trading at $7.15 yesterday, which was up from the $5.50 listing price.
App launched by Forsyth Barr
App launched by Forsyth Barr
Broker Forsyth Barr has released an iPhone app that lets investors keep track of recommendations generated by the company's research department.
Kiwi rises after Fed announcement
Kiwi rises after Fed announcement
The transtasman currencies continued their relentless climb yesterday, after Federal Reserve chairman Ben Bernanke said he planned to keep interest rates at close to zero until unemployment falls to 6.5%.
Job advertisements fall
Job advertisements fall
New Zealand's unemployment is expected to remain at around 7% over the next six months, according to the latest ANZ Job Ads series which combines newspaper and internet advertisements.
ACC plans incentives for safer workplaces
ACC plans incentives for safer workplaces
The Government plans to introduce a range of incentives to help business owners focus on improved safety management and make workplaces safer.
Kiwi unlikely to drop for some time; NZ shares still popular
Kiwi unlikely to drop for some time; NZ shares still popular
Primary producers and manufacturing exporters appear to be in for a long wait before they get some relief from the rising value of the New Zealand dollar. The kiwi hit a nine-month high yesterday as hopes Germany would avoid recession and optimism the US Federal Reserve would enact more easing measures helped stocks rally and lift risk sentiment.
Restaurant Brands up
Restaurant Brands up
KFC continues to be the generator of most sales and turnover for owner Restaurant Brands as the Starbucks Coffee chain continues to disappoint.
Curran seeks Hillside review
Curran seeks Hillside review
Dunedin South MP Clare Curran has written to the Auditor-general asking for an urgent investigation into the tendering and decision-making processes that KiwiRail used to procure rail wagons in the past two years.
Gadgets galore to stuff stockings
Gadgets galore to stuff stockings
With the Christmas season of spending upon us, Technology editor Dene Mackenzie asked some of its regular contacts and suppliers of review devices for some gift ideas.
IRD's U-turn draws criticism
IRD's U-turn draws criticism
Inland Revenue is being accused of making a policy U-turn that runs the risk of undermining the integrity of the tax system, eroding voluntary compliance and reducing business confidence in the tax department.
National resources vision criticised
National resources vision criticised
The Government's latest Business Growth Agenda is long on rhetoric and short on substance, despite several ministers being involved in the release yesterday of the Building Natural Resources report.
Reduce recommendation on Warehouse shares
Reduce recommendation on Warehouse shares
Forsyth Barr has downgraded The Warehouse shares to reduce following the retailer's acquisition this week of the Noel Leeming Group for $65 million.
The Warehouse buys chain
The Warehouse buys chain
Opinion remained divided yesterday following the purchase of consumer electronics chain Noel Leeming Group by The Warehouse for $65 million, less than half of what the chain was bought for in 2004.
Telecom charges praised
Telecom charges praised
Telecom was receiving plenty of praise around the blogosphere yesterday after announcing it was slashing data roaming charges for travellers using their smartphones and other mobile devices overseas.
Curran hits out at online critics
Curran hits out at online critics
Dunedin South MP Clare Curran admitted she was the senior MP attacked online at the weekend and yesterday for complaining to Labour Party hierarchy about comments made by commentators and bloggers.
Dairy and meat underpin manufacturing sector
Dairy and meat underpin manufacturing sector
New Zealand's struggling manufacturing sector received a welcome boost during the three months ending September but only from the increased sales of dairy and meat products.