Simon Hartley

Exporters expect dollar to rise 10c against weakened greenback

Exporters expect dollar to rise 10c against weakened greenback

New Zealand exporters are expecting the strength of the New Zealand dollar to climb from US65c, on average, to US75.3c by this time next year.

Construction sector gains not realised

A crane in Queenstown being used to build the five-storey, 60-room Jucy Snooze backpackers hostel...

Construction sector gains not realised

Construction activity was weaker than expected in the quarter to June, compounded by less activity in Auckland and Canterbury, tighter credit conditions and rising building costs.

70% of NZX50 companies lift returns

A2 Milk’s financial result blew expectations ‘‘out of the water’’; profit trebled to more than ...

70% of NZX50 companies lift returns

The hits outweighed the misses for most companies reporting on the NZX50 during the past six weeks, and more than 70% grew their earnings during 2016-17.

June quarter terms of trade rise to almost 44-year high

New Zealand’s terms of trade has risen, underpinned by high prices for meat. Photo: Christine O...

June quarter terms of trade rise to almost 44-year high

New Zealand’s terms of trade lifted to an almost 44-year high in the quarter to June, underpinned by record butter prices and high prices for meat.

Port company investing ‘to prepare for future’

A ship berthed at Auckland’s Fergusson container terminal. Cargo handling and revenue are up for...

Port company investing ‘to prepare for future’

A boost to cargo volumes has underpinned a revenue gain for Ports of Auckland, but its annual dividend to the Auckland City Council, its owner, slipped to $51.3 million for the...

Otago house prices up as nationally trend slower

The Dunedin house market ended last year in good shape. Photo: ODT

Otago house prices up as nationally trend slower

National property values continue to show weakening signs, hitting a five-year low at less than 5% growth, but across much of Otago the price growth is double or even triple the national average.

Appeals against seabed mining

Two High Court appeals have been lodged against a decision by the Environmental Protection Authority’s decision to grant Trans Tasman Resources consent to suction dredge ironsands off ...

Fisheries officers’ mediation fails

Mediation between fisheries officers and employer the Ministry of Primary Industries has failed, meaning 96 officers across the country will not be undertaking patrols or fisheries inspections.

Otago leads way in building consent growth

A $2million redevelopment under way at the Southern Motor Group car yard in Andersons Bay,...

Otago leads way in building consent growth

Otago had the largest percentage rise in homes granted consents in July, as the country's overall numbers eased from 2811 in July last year to 2762.

Otago jumps up economic rankings

Otago jumps up economic rankings

Otago has leapt up the ASB regional economic scoreboard from 12th place to fourth with construction, house prices and retail data overshadowing national averages.

Container hire company expanding

A modified Royal Wolf container on site at the new Kawarau Falls Bridge construction site, near...

Container hire company expanding

Strength in Queenstown and Southland’s economies have prompted an expansion of domestic container hirer and refurbisher Royal Wolf, which will open its 13th depot in Invercargill shortly.

NZIER report forecasts ‘solid’ economic outlook

Playing its part in the economy; pictured, a skier enjoys powder snow at the Remarkables skifield...

NZIER report forecasts ‘solid’ economic outlook

New Zealand’s economy maintains a "solid outlook", underpinned by tourists, immigrants and buoyancy in the agricultural sector, according to the New Zealand Institute of Economic Research quarterly prediction report.

Kupe sale helps NZOG back into black

Kupe sale helps NZOG back into black

Takeover target New Zealand Oil & Gas is back in the black, posting a $52.6million after-tax full-year profit and turning around last year’s asset-driven writedown and $51.8million loss.

Foodstuffs adds to redundancy list

BNZ senior economist Doug Steel said a weak dollar often pushed up the price of imported goods....

Foodstuffs adds to redundancy list

A total of 37 jobs are now threatened in Dunedin, bringing to almost 400 the number of losses over the past five months.

Metlifecare posts record after-tax profit

Retirement village operator Metlifecare has reported a record profit for its year to June, underpinned by unit resale gains and much improved village development margins.

A2 profit trebles; shares at record

A2 profit trebles; shares at record

A trebling of profit by A2 Milk to more than $90million resulted in the dual-listed alternative dairy company's shares hitting a record high this week.

Fisheries officers to strike

Almost 100 fisheries officers across the country, including in Otago and Southland, have delivered a strike notice after a breakdown in bargaining with employer the Ministry for Primary Industries.

Record volumes for ports

Listed port companies at either end end of the country have booked record cargo or container volumes across their wharves.

Pacific Edge investors have plenty of questions

Pacific Edge chief executive David Darling outlines company strategy to shareholders yesterday,...

Pacific Edge investors have plenty of questions

Investors in Dunedin cancer diagnostic company Pacific Edge turned up the heat on management yesterday, during its usually conservative annual shareholders meeting.

12 Warehouse jobs in Sth Dunedin cut

12 Warehouse jobs to go

Twelve jobs at The Warehouse in South Dunedin are to go, out of 40 across the country, as the Red Shed retail giant ''realigns'' its online shopping division.

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Simon Hartley