Simon Hartley

Auckland's acute housing crisis appears set to drag on for at least another decade, with projections 100,000 homes are required to cope with an extra 290,000 people.

National housing consents for February delivered a lift, primarily in Auckland, but longer term declines are raising concerns for the booming construction sector.

Business spending on research and development (R&D) last year was up almost 30% to $1.6billion and computer services and machinery manufacturing firms showed the greatest increase.

Sealegs, the manufacturer of amphibious boats, has scored its largest one-off order, as the Malaysian civil defence force has ordered 23 of the craft at a cost of more than $3 million.

Shares in hostile takeover target TeamTalk have rallied beyond $1 as the market speculates on whether Spark will raise its 80c per share $22.7million offer.

Unprofitable management app developer GeoOp has signalled it wants to delist from the New Zealand stock exchange's alternative market and relaunch itself on the ASX, to improve share liquidity and...

South Port's chief executive for the past 17 years, Mark O'Connor, has resigned, sticking to a long-standing plan to embark on a career ''detour'' at 55 years old.

New Zealand has recorded its largest trade deficit in almost eight years, excluding the effect of the export of a foreign-owned oil and gas drilling rig.

Telco minnow TeamTalk has rejected Spark’s takeover offer as "predatory", after independent advisers valued its shares at more than twice the offer.

The saga of compensation for  former Chalmers Properties  chief executive Andrew Duncan is finally at an end.

Port Otago's newest tug, Arihi, has another week on the slipway as it undergoes its first maintenance programme, since its delivery from Turkey in August last year.

The Government's oil and gas exploration ''block offer 2017'' has been announced, offering up eight new onshore and offshore areas, including a swath of land through Southland.

Two major construction projects - the Sky City development in Auckland and Christchurch's Justice Precinct - are thought to be behind Fletcher Building's $110 million downgrade.

Dunedin cancer diagnostics company Pacific Edge is to receive a grant of up to $3million from Callaghan Innovation for further research and development into its suite of bladder cancer products.

Otago-Southland's performance in the service sector index is tracking above the 2016 average, buoyed by tourism operators, cafes and their suppliers.

Oceana Gold's new "cornerstone asset'', its development Haile gold mine in South Carolina, has impressed analysts on a site visit earlier this month.

Economists are picking the Reserve Bank will keep the interest-driving official cash rate on hold, when it releases its review on Thursday.

Median house values in suburbs and townships around Otago all made gains in the last quarter of 2016, but appear to have cooled,  most now in the 4% to 6% range.