Air New Zealand yesterday announced an improved profit for the six months ended December and poured more money into the Government's coffers through an increased interim dividend.
Telecom has been told to rethink its plan for operational separation after Communications Minister David Cunliffe yesterday rejected the amended plan filed by New Zealand's largest listed company.
New Zealanders are likely to reduce their level of retirement savings as higher mortgages and rising prices for basic items such as food and energy start to bite.
New rules requiring investment advisers to provide more information to investors come into force today as a result of the collapse of 16 finance companies in New Zealand in two years.
Businesses seem set to face some tough times this year as the dollar refuses to fall in value and interest rates rise at a time when wage pressure and Kiwi-Saver are starting to hurt balance sheets.
South Canterbury Finance, led by Alan Hubbard, continues to avoid the woes that have afflicted many others in the industry.
Shareholders in Auckland International Airport should both approve and accept the partial takeover from Canada Pension Plan Investment Board, Forsyth Barr broker Ken Lister says.
The New Zealand dollar and oil prices continued to rise yesterday, with warnings of worse to come.
Otago and Southland manufacturers still appear to be in good spirits, leading the other regions in the latest performance in manufacturing index (PMI).
The departure of Katherine Rich at the next election will ensure the National Party takes a swerve to the right of the political spectrum.
Tributes for Katherine Rich poured in yesterday after National's education spokeswoman announced her shock decision to retire from politics at the next election.
New Zealand requires competent and reliable financial advisers to ensure investors receive the best possible support when making investment decisions, Commerce Minister Lianne Dalziel says.
Dunedin financial planner Craig Myles is calling for more information to be made available on the numbers of New Zealanders joining KiwiSaver.
Finance Minister Michael Cullen yesterday again dangled the prospect of tax cuts in front of voters but with the proviso they will be introduced over three years if Labour wins this year's general election.
Businesses would bear the brunt of low unemployment, Otago Chamber of Commerce chief executive John Christie said yesterday.
The Reserve Bank could lift interest rates on March 6 in response to unemployment falling to a 25-year low.
The plan by the Government, unions and business to lift the skill levels of workers was yesterday endorsed in Otago, although the need for adequate funding was raised as an important issue.
A new early intervention programme based at Forbury School aims to combat a growing list of problems faced by children aged under 6, co-ordinator Liz McColl says.
Dairy giant Fonterra was well placed ahead of the anticipated softening of prices as global production increased, chief operating officer Andrew Ferrier said yesterday.
The New Zealand economy would this year face a tug of war against two massive and counteracting forces, Westpac chief economist Brendan O'Donovan said yesterday.
