Harbour hotel proposed for Dunedin
Harbour hotel proposed for Dunedin
Dunedin's construction, hospitality and tourism industries will receive a substantial boost today with the announcement of a proposed multimillion-dollar development.
Dene Mackenzie
Banks likely to compete on low mortgage interest rates
Banks likely to compete on low mortgage interest rates
Retail banks look likely to start competing in earnest for customers through lower mortgage rates as they prepare to follow the lead set yesterday by ANZ New Zealand.
Bid to combat financial fraud
Bid to combat financial fraud
Two South Island companies are combining to help fight money laundering and financial fraud.
Economy growing modestly but still vulnerable: Bollard
Economy growing modestly but still vulnerable: Bollard
The New Zealand economy has grown modestly in the past three years but remains vulnerable to a downturn in global economic and financial conditions, Reserve Bank governor Alan Bollard says.
Production boosts dairy incomes
Production boosts dairy incomes
Dairy farmers were likely to receive an income boost this season, compared with previous seasons, because plenty of rain had resulted in strong milk production, Reserve Bank governor Alan Bollard said yesterday.
Acronyms make telcos difficult to understand
Acronyms make telcos difficult to understand
The slump in the share price of line network owner Chorus has been put down to misinterpretation and miscommunication of a Commerce Commission decision released last week.
Southern labour participation up
Southern labour participation up
Otago and Southland have comparatively high labour-force participation rates compared with the rest of the country, Department of Labour figures show.
Communications deal saves Government $60m
Communications deal saves Government $60m
The Government is expected to save around $60 million over the next five years on mobile voice and data after signing all-of-government procurement contracts, Economic Development Minister Steven Joyce says.
Tax take lower than forecast
Tax take lower than forecast
A lower-than-forecast tax take for the nine months ended March is being used by Finance Minister Bill English as a further excuse for austerity measures being introduced in the upcoming Budget.
Listed property yields attractive
Listed property yields attractive
Yields in New Zealand's listed property sector remained attractive in a low interest rate environment, Forsyth Barr broker Haley Van Leeuwen said yesterday.
IRD website taxed; crashes
IRD website taxed; crashes
The crashing of the Inland Revenue Department website yesterday, the deadline for businesses to file GST returns, was a sign of worse to come, Labour revenue spokesman David Clark said.
A week of uncertainty
A week of uncertainty
Global financial markets face a week of uncertainty as the French and Greek election results bed in. New Zealand will not be immune from volatility but has some protection through the strength of company balance sheets.
Providers review online data caps for home computer users
Providers review online data caps for home computer users
Data limits and the way people use it has become a leading consideration for New Zealand's main internet and mobile users.
Shearer confident in his role
Shearer confident in his role
If Labour leader David Shearer feels insecure about his job after four months of leading the party, he was not showing it during a visit to Dunedin yesterday.
Falling interest rates hitting savers
Falling interest rates hitting savers
Some people are throwing up their hands in horror when they realise how much they need to save for retirement as interest rates continue to fall, Craigs Investment Partners broker Chris Timms says.
MTF placed well to face the future
MTF placed well to face the future
Dunedin-based Motor Trade Finances was probably in a better position than it had ever been in to face the future, managing director Angus Bradshaw says.
Views mixed on SOE ownership restrictions
Views mixed on SOE ownership restrictions
Restricting overseas ownership in state-owned enterprises being floated by the Government from later this year is causing some fund managers to question the attractiveness of the deals to investors.
Planning for future of Dunedin Inc
Planning for future of Dunedin Inc
Dunedin's economic development draft strategy will be released on Monday. For the first time, the document will be signed off by stakeholders representing diverse areas of the city. There are several things business editor Dene Mackenzie hopes will be included in the new 10-year plan.
Westpac earnings rise 24% on pcp
Westpac earnings rise 24% on pcp
Westpac New Zealand reaped the benefit of better margins on higher income in the six months ended March, the bank said yesterday.
NZ Post heralds digital product
NZ Post heralds digital product
New Zealand Post will later this year launch a digital product aimed at its larger clients, which includes government departments, telecommunication companies, banks and energy companies.