Blis CEO resigns after nine years
Blis CEO resigns after nine years
Blis Technologies chief executive Barry Richardson, who announced his resignation yesterday to pursue other interests, would be missed.
Dene Mackenzie
Short odds on RBA holding rate today
Short odds on RBA holding rate today
The Reserve Bank of Australia is expected to hold its official lending rate at 2% when it meets this afternoon to make a decision on its cash rate.
High employment growth, but more jobless: economists
High employment growth, but more jobless: economists
New Zealand is embarking on a period of high employment growth but also rising unemployment rates as labour supply outstrips job availability.
Focus on regional development need
Focus on regional development need
Calls were made yesterday for Southland to develop a comprehensive regional development strategy, following the decision to keep the Tiwai Point aluminium smelter open.
Time for Plan B as business confidence slips: Bagrie
Time for Plan B as business confidence slips: Bagrie
Business confidence has slipped to a six year low and worse is to come.
Contradictory signals on housing
Contradictory signals on housing
House price expectations hit a record, dwelling consents fell in June and Building and Housing Minister Nick Smith is encouraged by a report which forecasts unprecedented construction activity. Business editor Dene Mackenzie unravels the latest data.
Bank in need of new focus
Bank in need of new focus
Comment
Briscoe expects $20 million profit
Briscoe expects $20 million profit
The Briscoe Group is expecting a half-year reported profit of at least $20 million, an 8% increase on last year's result of $18.5million, managing director Rod Duke says.
Wheeler dampens rate forecasts
Wheeler dampens rate forecasts
The Reserve Bank yesterday did its best to dampen down expectations of the more exuberant interest rate cut expectations and indicated it clearly wanted a further fall in the value of the dollar.
Two positive factors for Infratil this month
Two positive factors for Infratil this month
Infratil has been receiving benefits of two positive factors this month - the potential acquisition by Z Energy of Chevron NZ and the falling dollar, Forsyth Barr broker Peter Young says.
Floating mortgage rates still have room to fall: strategist
Floating mortgage rates still have room to fall: strategist
Lower floating mortgage rates are still possible in the near term and BNZ currency strategist Kimberly Martin sees no urgency for home owners to fix short-term rates.
2degrees moves into broadband
2degrees moves into broadband
Telecommunications company 2degrees has entered the broadband market, using its recent purchase of Snap as the impetus to attract both residential and business customers.2degrees is now on the same footing as its major competitors Spark and Vodafone.
Drag on oil prices likely to continue
Drag on oil prices likely to continue
Expectations of a persistent global oil glut into 2017, largely stemming from a revised projection for Opec production in the coming year, has led the BNZ to revise its forecasts moderately.
Fears over access to generic drugs
Fears over access to generic drugs
Forces started gathering in earnest yesterday following an admission some medicines will cost more if New Zealand signs up to the Trans-Pacific Partnership.
Focus on dairy trade obscures dangers
Focus on dairy trade obscures dangers
The focus on obtaining access for New Zealand dairy products in the trade negotiations this week obscures the dangers for the IT industry, IT and communications commentator Paul Brislen says.
All eyes turn to Wheeler
All eyes turn to Wheeler
A speech by Reserve Bank governor Graeme Wheeler to be published at 9am tomorrow makes a relatively light New Zealand data week a lot more interesting.
Toughest issues on TPP agenda
Toughest issues on TPP agenda
World trade ministers will be in Hawaii this week to tackle the tough decisions needed to finalise a deal aimed at freeing up global commerce.
Long haul leads Air NZ passenger increase
Long haul leads Air NZ passenger increase
Air New Zealand carried 1.34million passengers last month, 5% more than the same period last year, in a continuation of good news coming from the national carrier.
Tax audits of wealthy widened
Tax audits of wealthy widened
Wealthy individuals, particularly new immigrants, can expect some extra scrutiny from Inland Revenue in the current financial year to ensure they are meeting their New Zealand tax obligations.
Apple still thriving, broker says
Apple still thriving, broker says
Apple remained a quality technology stock with a growing range of products and services, Craigs Investment Partners broker Chris Timms said yesterday.