Retailer Smiths City has completed a major restructuring and is now debt-free, putting it in a strong balance-sheet position to grow its business for the future, chairman Craig Boyce says.
The deal for Vector to supply New Zealand Refining with more gas will add about 10c per share to the value of NZ Refining and continues the positive momentum for the company, Forsyth Barr broker Peter Young says.
The competitive lending environment of the first half of the year intensified in the three months ended September as banks offered record-low interest rates to attract customers.
The flow of economic data slows to a trickle this week, with the first significant announcement coming in New Zealand on January 11, when building data statistics are released.
New Zealand remains an attractive destination to move to permanently or visit, with both November's monthly migration and tourism numbers reaching record highs.
New Zealanders will end the year brimming with confidence, according to three indicators out in the past few days.
Spark New Zealand is expected to continue with its aggressive pricing strategy in order to maintain momentum in the mobile market, Morningstar analyst Brian Han says.
Business confidence has all the trimmings of Christmas, rising to an eight-month high in December, according to the ANZ Business Outlook.
Z Energy has agreed to a request from the Commerce Commission for an extension as it considers Z's application to buy Caltex, in New Zealand, for $785million.
Tourism and manufacturing are driving New Zealand's economic growth but calls came yesterday for the stronger growth to be shared with those who need it most.
The US Federal Reserve has finally lifted its official lending rate after 10 years of near zero interest rates but if the Reserve Bank of New Zealand was looking for an early Christmas present, it would have been disappointed.
Helping charitable trusts will play a large role in the future of Dunedin sharebroker Ron Lewis, who is stepping away from the day-to-day activities at Craigs Investment Partners.
Prices New Zealanders pay for their internet and landline connections look sure to rise following a decision yesterday by the Commerce Commission to lift Chorus line charges.
The Treasury's latest forecasts show ongoing improvement in the Government's financial accounts and Finance Minister Bill English has again dangled the prospect of tax cuts in 2017 in front of voters.
New Zealand's quarterly national accounts due out this week will provide interesting reading given opinions on both the economy and monetary policy are in flux at present.
Optimism abounds in the Southern service sector, with every indication the current state of affairs will continue into next year.
The Commerce Commission's decision tomorrow will finally end some of the uncertainty around Chorus, Forsyth Barr broker Peter Young says.
Zealanders with mortgages may have been celebrating the Reserve Bank's decision to cut interest rates this week but BNZ chief economist Tony Alexander has released some sobering facts about debt and housing.
Small and medium-sized businesses make an important contribution to the New Zealand economy and now are being urged to protect themselves against cyberattacks, as part of the Government's national Cyber Security Strategy.
New Zealanders are continuing to spend up on their electronic cards in the lead-up to Christmas.
