Listed clothing retailer Hallenstein Glasson Holdings yesterday reported improved sales for the 12 months ended August 1, but those increased sales appear to have come at the cost of margins.
Employers and workers are in part responding to falling economic demand by constraining wage increases, or even freezing wages, according to data out yesterday.
Telecom and Vodafone had a "date with destiny" after 2degrees released its prepaid price of 44c per call and 9c per text, ABN Amro Craigs broker Chris Timms said yesterday.
Good news out of the United States has helped world sharemarkets continue their recovery but the news might not be so good for New Zealand's exporters.
The old guard of the National Party was soundly thrashed at the weekend when Peter Goodfellow was elected president, replacing the outgoing Judy Kirk.
Listed Life Pharmacy Ltd is undergoing a major change, which it says will play a significant role in shaping the New Zealand pharmacy industry.
The Government's new $152 million plan to create work, education and training opportunities for unemployed young people might well work against other measures to raise productivity, Otago-Southland Employers Association chief executive John Scandrett said.
New Zealand's unemployment rate was expected to get "seriously ugly" when the figures for June were released on Thursday, Westpac chief economist Brendan O'Donovan said.
Dunedin South MP Clare Curran and Hutt South MP Trevor Mallard are combining forces to lobby KiwiRail to build more rolling stock in the Hillside and Woburn workshops.
Finance Minister Bill English yesterday warned finance companies to "sort themselves out" as he considers what to do with the retail deposit guarantee scheme.
The latest National Bank business outlook took another leap higher in June. Other business surveys and indicators are cautiously predicting the worst of the recession is over. Business Editor Dene Mackenzie investigates some measures businesses should be considering.
Talk of the recovery will give employers a chance to work on productivity with their staff.
Consumers appear to be back in spending mode, with retail chain Briscoe Group reporting improved sales and a doubling in its expected profit for the half year.
WaitakI MP Jacqui Dean was the South's top-spending electorate MP, fitting for someone with an electorate that stretches from Wanaka to Geraldine and takes in much of coastal Otago.
The Reserve Bank held its official cash rate at 2.5% yesterday but received criticism for an "extremely disappointing" accompanying statement to its announcement.
The Bank of New Zealand will drop penalty fees on overdrawn accounts as it, and its parent National Australia Bank, try to win new customers and improve their images.
Dunedin accountant Graham Crombie has been appointed inaugural chairman of the new board of the New Zealand Institute of Chartered Accountants.
The NZX-50 went through the important 3000-point barrier yesterday for the first time in nine months on the back of improved investor confidence.
Bathroom designer and marketer Methven yesterday did not deliver the news anxiously awaited by investors.
Two Otago properties, one in Frankton and one in Oamaru, feature in the Colliers International Mainland Auction campaign, which Dunedin manager Stephen Cairns expects to attract keen buyer interest.
