New Zealand maintains its level of migrant magnetism
New Zealand maintains its level of migrant magnetism
Net migration is continuing to run at record annual levels as arrivals held close to recent historic highs in February.
Dene Mackenzie
Visitor numbers at record levels
Visitor numbers at record levels
Visitors continued to flock to New Zealand at a record-equalling level in the February 2017 year and the month of February.
Slight fall in household confidence downplayed
Slight fall in household confidence downplayed
New Zealand households are continuing to ''saunter along'' in the early part of this year, Westpac senior economist Satish Ranchhod says.
Strong economy widens scope for election promises
Stronger economy widens scope for making election-time promises
This year’s general election is shaping up to be a close one and a strong economy is providing more scope for campaign promises than seen for a long time, Westpac acting chief economist Michael Gordon says.
Crime and thrillers
Crime and thrillers
Dene Mackenzie wraps up a fresh batch of thrillers.
NZME cleans its balance sheet
NZME cleans its balance sheet
Media company NZME has taken the opportunity of cleaning its balance sheet in preparation for its possible merger with Fairfax in New Zealand.
Region’s 10.3% job rise highest in NZ
Region’s 10.3% job rise highest in NZ
News the Queenstown-Lakes district was New Zealand’s top-performing territorial authority last year comes as no surprise, Otago Southland Employers Association chief executive Virginia...
Air NZ profit falls in face of greater competition
Air NZ profit falls in face of greater competition
Air New Zealand’s interim profit demonstrated management’s ability to adjust costs as operating conditions deteriorated, Forsyth Barr broker Damian Foster said yesterday.
Sky shares fall as merger denied
Sky shares fall as merger denied
Sky Television directors face some daunting challenges now the Commerce Commission has turned down its application to merge with Vodafone New Zealand.
Sky TV shares fall after merger denied
Sky TV shares fall after merger denied
Sky TV shares fell sharply as soon as the NZX opened this morning following the announcement the Commerce Commission had turned down the proposal for the pay-TV company to merge with Vodafone NZ.
Sky result overshadowed by the stay on merger
Sky result overshadowed by the stay on merger
Sky Network Television's profit slump for the six months ended December was overshadowed by Spark and 2degrees being granted a stay on the proposed merger between the pay-TV company and Vodafone NZ.
International growth lifts Meridian
International growth lifts Meridian
Meridian Energy is benefiting from a growth in international revenue, driven by growth in Powershop, more wind and better wholesale and large-scale generation pricing.
Mercury profit below hopes
Mercury profit below hopes
Mercury reported a strong operating profit of $270million for the six months ended December, but Forsyth Barr broker Damian Foster said the quality was not as strong as he had hoped.
Heartland optimistic
Heartland optimistic; expects asset growth to continue
Heartland Bank expected asset growth to continue for the second half of the financial year as strong household, business and rural volumes were projected, its CEO says.
Chorus receives a surprise boost in revenue
Chorus receives a surprise boost in revenue
Telecommunications company Chorus received its expected significant lift in revenue from the full period of regulated price changes, Forsyth Barr broker Lyn Howe said yesterday.
Parcel influx for NZ Post
Parcel influx for NZ Post
New Zealand Post and its majority-owned Kiwi Group Holdings both reported reduced profits for the six months ended December.
Cadbury decision will stand: Craig
Cadbury decision will stand: Craig
There is no chance of the Cadbury factory being saved from closure after owner Mondelez made its decision, long-time confectionery maker Nat Craig says.
Housing market cools but still ‘bad time to buy’
Housing market cools but still ‘bad time to buy’
A cooling housing market appears to have also cooled expectations for higher house prices, but the ASB Housing Confidence survey still finds most respondents think now is a bad time to buy a house.
Key firms lined up to report this week
Key firms lined up to report this week
Wednesday and Thursday will be peak days for both New Zealand and Australian companies as the December reporting season continues this week.
ANZ three-month profit up 16% to $400m
ANZ three-month profit up 16% to $400m
ANZ New Zealand, the country’s largest bank, increased both its statutory and cash profit in the three months to December, but experienced squeezed interest margins in the period.