Dene Mackenzie

Rising rates compromise listed property companies

Rising rates compromise listed property companies

Listed property companies offering little more than an attractive dividend yield will bear the brunt of the pressure as interest rates rise, Craigs Investment Partners broker Chris Timms says.

Rising inflation down side of weaker pound

The United Kingdom Government says Brexit will take longer than the two years previously stated....

Rising inflation down side of weaker pound

So far, the United Kingdom has performed well since the vote last June to leave the European Union. Forsyth Barr broker Lyn Howe tells business editor Dene Mackenzie consumers have ignored the dire warnings of those who predicted a collapse in growth.

Oceana’s South Carolina mine milling on schedule

Oceana Gold has started milling at its Haile Gold Mine, in South Carolina. Photo: supplied.

Oceana’s South Carolina mine milling on schedule

Oceana Gold has started milling at its Haile Gold Mine in the United States late last week, right on schedule.

Two flat quarters; rebound expected

Two flat quarters; rebound expected

Australian economic growth remained flat for the two middle quarters of the year and while the headline number looks concerning, the outlook is more optimistic, Forsyth Barr broker Lyn Howe says.

NZ fiscal surplus enviable

The Kaikoura earthquake will affect the country's expenditure. PHOTO: CHRIS MORRIS

NZ fiscal surplus enviable

New Zealand's financial position is the envy of the world, Forsyth Barr broker Lyn Howe says.

Overseas interest declines on NZ exchange

SkyCity has limited valuation support for international investors. Photo: ODT.

Overseas interest declines on NZ exchange

Foreign ownership levels of New Zealand shares remained high in September but Forsyth Barr broker Damian Foster said there were signs international interest in local equities was falling.

Numbers up and away

Air New Zealand’s domestic capacity rose more than 9%; pictured, Air New Zealand’s first night...

Numbers up and away

Air New Zealand carried 1.232 million passengers in November, an increase of 4% compared with the previous corresponding period.

Growth stronger than was expected

Growth stronger than was expected

New Zealand’s economic growth in the year ended September was stronger than expected, lifting to 3.5% even though the positive surprise was offset by a downgrade revision of history.

Migration record goes again

Migration record goes again

New Zealand's annual net migration continues to rise, after 70,400 new residents arrived in the November year, slightly ahead of October's record of 70,300.

Rakon shares soar on buy-in announcement

Rakon shares soared 40% after the company announced a Taiwanese company was taking a 16.6% stake at 37c per share.

Economy still strong, Business NZ says

Economy still strong, Business NZ says

The local economy has a generally rosy short to medium-term outlook but issues still plague the global economy, BusinessNZ chief executive Kirk Hope says.

Service strength remains

Service strength remains

The Otago-Southland service industry remains strong just before Christmas and only the retail trade is reporting a lack of growth during November.

Consumer confidence on rise

Consumer confidence on rise

Consumer confidence is up in most parts of the economy and, notably, there is a sizeable gain in confidence in rural households, Westpac senior economist Satish Ranchhod says.

Super fund targets small firms

Super fund targets small firms

The New Zealand Superannuation Fund plans to invest up to $260million in small and medium-sized New Zealand companies over the next five to 10 years.

Challenges for new Chorus CEO

New Chorus chief executive Kate McKenzie had some major challenges ahead of her, InternetNZ chief executive Jordan Carter said yesterday.

NZ economic growth looks positive

The September quarter national accounts, to be released on Thursday, are expected to show the New Zealand economy sailing smoothly into summer.

Five portfolios for deputy Bennett

Deputy Prime Minister Paula Bennett is the major beneficiary from yesterday’s reshuffled Cabinet announced by her boss Prime Minister Bill English.

Dunedin, Waitaki MPs move up rankings

Dunedin MP Michael Woodhouse is thrilled to be elevated to the Government’s front bench and...

Dunedin and Waitaki MPs move up the rankings

Dunedin list MP Michael Woodhouse has moved up the Government’s pecking order on to the front bench in the Cabinet reshuffle announced yesterday by Prime Minister Bill English.

Verizon seeking to amend Yahoo deal

Yahoo users have had their email hacked. Photo: Reuters.

Verizon seeking to amend Yahoo deal

The latest breach of Yahoo accounts has left Verizon Communications looking at ways to modify its multibillion-dollar bid to buy the core internet business from the technology company.

Curran retains role in reshuffle

Dunedin South MP Clare Curran is delighted to regain her treasured ICT responsibilities and move into Labour’s shadow cabinet in a reshuffle announced yesterday.

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Dene Mackenzie