Quarterly GDP to June 0.7%
Quarterly GDP to June 0.7%
Business, accommodation and food services all combined to drive up gross domestic product (GDP) for the year to June to 3.9% growth, marking the measurement's highest level in seven years.
Simon Hartley
Activity in commercial refurbishment
Activity in commercial refurbishment
Christchurch's commercial property rebuild continues to dominate the country's commercial sector, but in Dunedin's central business district (CBD) several recent building refurbishments have been completed.
Quarterly current account deficit rises
Quarterly current account deficit rises
New Zealand's current account deficit for the quarter to June stands at $2 billion, up by $1.4 billion from the previous quarter to March, largely driven by declining value and volumes from the dairy sector.
Oceana to accelerate
Oceana to accelerate
Oceana Gold is bringing forward underground mine development at its cash-cow gold and copper mine, Didipio, in the northern Philippines, with plans to have operations fully under way by 2020.
Joint effort to upgrade prospect data
Joint effort to upgrade prospect data
New Zealand's largest gold producers, Oceana Gold and Newmont Waihi Gold, are supporting GNS Science's $4 million upgrade of data held on prospective gold deposits, with the initial focus on Macraes in East Otago, Waihi in the North Island and Sams Creek near Nelson.
House sales down
House sales down
Real estate data from around the country portrays a sector ''idling'' along, with national sales down in all provinces, led by a 27% plunge in Otago.
Extra engineers to progress claims
Extra engineers to progress claims
Liquidators of boutique Queenstown-based Western Pacific Insurance have brought in extra engineers to assist with Canterbury earthquake claims, three and a-half years on from the liquidation.
Warehouse adjusted after-tax profit down 18%
Warehouse adjusted after-tax profit down 18%
Costs of store revamping overshadowed an 18% revenue increase by The Warehouse to $2.65 billion, forcing an 18% plunge in adjusted after-tax profit to $60.7 million.
Gold, oil and gas search funding
Gold, oil and gas search funding
New Zealand's databases of prospective gold, oil and gas deposits have received separate funding boosts, with GNS Science receiving a total of $6 million in the latest round of government science funding.
All eyes on Warehouse's full-year results today
All eyes on Warehouse's full-year results today
The Warehouse's full-year trading results today will be keenly anticipated by analysts and investors alike, following its profit downgrade in late June.
Debts rise to $1.62m for winery in liquidation
Debts rise to $1.62m for winery in liquidation
Mt Rosa Estate's liquidation shows total debts have mounted to $1.62 million, although the value of the winery's vineyards, properties and wine stocks in Gibbston is yet to be determined.
Union concerned about port deal
Union concerned about port deal
Port Otago stopped dead the privatisation of Lyttelton Port of Christchurch in 2006, but the sale of its 15.8% stake to the Christchurch City Council is ringing alarm bells for the Maritime Union of New Zealand.
Returns lure landlords south
Returns lure landlords south
Dunedin investors hold the lion's share of about 9000 student beds servicing the University of Otago but an increasing number of offshore investors are becoming involved.
Problems seen in not segregating retention money
Problems seen in not segregating retention money
Proposals are afoot to stop construction subcontractors being left in the lurch when developers and main contractors go bust, but the proposal has not been fully embraced by the country's largest legal firm.
Hospitality leads 0.5% rise in card spending
Hospitality leads 0.5% rise in card spending
Retail spending with electronic cards during August was up 0.5%, led by the hospitality sector, and heading towards an expected annual 5% increase.
Bourses react to Scottish polling
Bourses react to Scottish polling
Spot gold, crude oil, the British pound and UK, European and US stocks have all taken a dive after a poll found Scotland could yet break away from the United Kingdom, following an imminent referendum.
Interest in industrial land
Interest in industrial land
Investor interest has been good in a tranche of North Taieri industrial properties embroiled in the $57 million receivership of Southern Cross Wood Products.
Manufacturing down for quarter
Manufacturing down for quarter
Manufacturing took a hit in the quarter to June. Meat and dairying returns were down 5.7%, or $485 million.
No change expected in official cash rate
No change expected in official cash rate
Robust house prices and plunging commodity returns remain centre stage for the Reserve Bank and economists as their respective crystal balls are focused on the extent of inflation.
St Clair project to start soon
St Clair project to start soon
Construction of St Clair's twin $3.2 million commercial and apartment project in Bedford St and Forbury Rd could be under way by the new year and initial ground work is expected to be completed by December.