Markets expected to resume on quiet note
Markets expected to resume on quiet note
Transtasman stock exchanges are likely to trade quietly today, following the lead of their Asian counterparts earlier this week.
Dene Mackenzie
Energy returns disappointing
Energy returns disappointing
The four energy companies earmarked for a partial sell-down the Government in the next three years reported lacklustre dividends for the 2011 year.
IRD releases tax avoidance document
IRD releases tax avoidance document
The Inland Revenue Department is continuing with its campaign on tax avoidance by releasing a large discussion document just before Christmas. Business editor Dene Mackenzie talks to tax expert Peter Truman about the implications.
Most fund managers keen on SOE listings
Most fund managers keen on SOE listings
The partial privatisation and listing of state-owned enterprises features high on the wish lists of New Zealand fund managers, the latest Russell Investments Fund Manager Outlook survey shows.
Upbeat about moderate growth in 2012
Upbeat about moderate growth in 2012
Finance Minister Bill English remains confident the New Zealand economy will continue to show moderate growth next year.
Confidence above survey indications
Confidence above survey indications
The Otago economy was faring better than a recent slew of statistics suggested, Otago Chamber of Commerce chief executive John Christie said yesterday.
Deficit rise result of bank profits
Deficit rise result of bank profits
An unexpected rise in profits by foreign-owned banks in New Zealand contributed to a considerably larger-than-expected current account deficit of $4.6 billion in the three months ended September.
Accrued leave less of issue in South
Accrued leave less of issue in South
Southern employers do not seem to be faced with employees stacking up accrued leave as much as their counterparts in the north.
Summerset valued at $1.66 per share
Summerset valued at $1.66 per share
Newly listed Summerset Group Holdings is attractively priced at current levels but needs to establish a development track record, Forsyth Barr broker Suzanne Kinnaird says.
Maintaining strong network of ports 'vital'
Maintaining strong network of ports 'vital'
The ongoing dispute at Ports of Auckland highlighted the need for a strong regional port network in New Zealand, Otago Chamber of Commerce president Peter McIntyre said yesterday.
Canterbury jobs bonanza
Canterbury jobs bonanza
Canterbury has emerged as the region with the strongest overall new job growth at 49%, or nearly 900 new jobs, during the last 12 months.
Parker gets backup for finance role
Parker gets backup for finance role
Labour finance spokesman David Parker faces a daunting task of not only taking on Finance Minister Bill English in the House but in also keeping his four associate spokesmen in line.
Christmas trade unlikely to sparkle
Christmas trade unlikely to sparkle
Christmas shopping may be in full swing but Westpac chief economist Dominick Stephens had some words of warning yesterday for retailers hoping for a substantial boost in takings this week.
Services index provides some seasonal cheer
Services index provides some seasonal cheer
A good dollop of pre-Christmas cheer has emerged within some segments of the local services sector, Otago-Southland Employers Association chief executive John Scandrett says.
Confidence slips slightly
Confidence slips slightly
Business confidence dropped marginally in December, according to the ANZ-National Bank Business Outlook released yesterday.
Quick reaction from ratings agencies
Quick reaction from ratings agencies
Credit-rating agencies look set to play a greater role in financial markets as the European debt crisis continues to deepen.
Kardashian range snapped up
Kardashian range snapped up
Keeping up with the Kardashians has paid dividends for Hannahs with the range of handbags designed by the reality television family outstripping demand for the Hellaby footwear subsidiary.
RWC likely boost for annual growth
RWC likely boost for annual growth
The Rugby World Cup is expected to have played a major role in the country's economic growth in the three months ended December, but there are varying views on its impact.
Grave time for venture capital market
Grave time for venture capital market
Changes need to be made to New Zealand's venture capital market to help it survive in the short-term and help the economy grow in the long-term, the industry body says.
Region tops manufacturing index
Region tops manufacturing index
Otago-Southland manufacturers had something to smile about yesterday when the latest BNZ-BusinessNZ performance in manufacturing index figures were released.