Oceana Gold says on track to meet targets
Oceana Gold says on track to meet targets
Oceana Gold was on track to achieve its 2016 production and cost guidance, president and chief executive Mick Wilkes said yesterday.
Dene Mackenzie
Meridian head believes smelter will remain
Meridian head believes smelter will remain
Meridian chief executive Mark Binns believes the New Zealand Aluminium Smelters Tiwai Point smelter will stay.
Annual trade deficit rises to $3.4b
Annual trade deficit rises to $3.4b
New Zealand’s annual trade deficit climbed to $3.4 billion in September but BNZ head of research Stephen Toplis said the deterioration was inconsequential.
Restaurant Brands buys Hawaiian business
Restaurant Brands buys Hawaiian business
Restauraunt Brands is buying a Hawaiian business for $US105 million ($NZ146.5 million) to be funded through a combination of US dollar debt and new equity.
Surprise as SkyCity Ak casino revenue falls 1%
Surprise as SkyCity Ak casino revenue falls 1%
Auckland was the key property to surprise in first-half trading results from SkyCity when it released its market update last week, Forsyth Barr broker Suzanne Kinnaird said yesterday.
Ballooning costs spell trouble for Wynyard
Ballooning costs spell trouble for Wynyard
Wynyard Group appeared to be paying the price for not controlling its costs as revenue failed to grow quickly enough, Craigs Investment Partners broker Peter McIntyre said yesterday.
US reporting season reaches peak
US reporting season reaches peak
This week represents the peak of the third-quarter reporting season in the United States and more than 150 S&P500 companies are scheduled to do so.
Subdued reports expected from bank giants
Subdued reports expected from bank giants
Three Australian banks which own banks in New Zealand are expected to have a ``relatively subdued'' second-half reporting season, Craigs Investment Partners broker Chris Timms says.
SI primary sector posts positive results
SI primary sector posts positive results
The primary sector provided some positive news in the Deloitte South Island Index, released on Friday.
Consultant attacks farm tax changes
Consultant attacks farm tax changes
The Inland Revenue Department appears to be buying a fight with farmers and their tax advisers as it seeks to change a rule that has been in force for more than 50 years.
Trading halt following equity warning from Pumpkin Patch
Trading halt following equity warning from Pumpkin Patch
Investors were yesterday trying to offload their Pumpkin Patch shares for as little 2c after the former market leader in children’s clothing issued a grim warning about its future.
10-year plan to spend $100 billion
10-year plan to spend $100b
Central and local governments plan to spend $100b on infrastructure projects over the next decade. Otago features mainly due to the planned upgrade to the Dunedin Courthouse and the rebuilding of the hospital.
Top 200 Kiwi hi-tech firms’ revenue climbing
Top 200 Kiwi hi-tech firms’ revenue climbing
New Zealand’s leading 200 hi-tech companies reached combined annual revenue of nearly $10billion in one year, something Science and Innovation Minister Steven Joyce welcomed.
Business NZ blames education for youth unemployment
Business NZ blames education for youth unemployment
Any adjustment to immigration rules that reduced in-demand skills will have serious implications for businesses, BusinessNZ chief executive Kirk Hope says.
KVC's enterprise continues
Kaikorai Valley College's enterprise continues
Kaikorai Valley College has emerged as the new powerhouse of the Otago region Lion Foundation Young Enterprise Scheme.
Invest in real dividends, Berl head recommends
Invest in real dividends, Berl head recommends
The dividends from New Zealand's ''rock star economy'' were in danger of being frittered away on tax cuts and the repayment of government debt, Berl chief economist Ganesh Nana said yesterday.
Electricity pricing delay not good news
Electricity pricing delay not good news
Another delay by the Electricity Authority on its transmission pricing review was not good news for the Tiwai Point aluminium smelter, Forsyth Barr broker Damian Foster said yesterday.
Ultra-fast broadband residential deal agreed
Ultra-fast broadband residential connection deal agreed
Free residential ultra-fast broadband connections will continue until the end of December 2019 after Chorus reached a conditional agreement with Crown Fibre Holdings.
Signs suggest inflation cycle is bottoming out
Signs suggest inflation cycle is bottoming out
Inflation has stayed below 1% for the eighth consecutive quarter but there are signs emerging a cyclical low for inflation has been reached.
Inflation, dairy, migrants and the last debate
Inflation, dairy, migrants and the last debate
Inflation data out this morning is regarded as the highlight of the economic calendar this week, but the latest GlobalDairyTrade results are due out early tomorrow, with futures pointing to a small...