Simon Hartley

Road freight charges between Picton and Christchurch are averaging about 20% higher since last week's earthquake closed State Highway 1 past Kaikoura, forcing traffic to use the longer inland route.

Pumpkin Patch, in receivership under $46 million in bank debt, is to be wound down, stock discounted and sold and stores closed after no buyers could be found.

Ryman Healthcare delivered an upbeat outlook last week with expectations of posting another record full-year profit, but prompting analysts to scrutinise its debt facility which has risen to ...

Dunedin  probiotics manufacturer Blis Technologies has posted a maiden profit, showing a $428,000 surplus for its half-year trading to September.

The receivers' first report into specialist Dunedin engineering company DC Ross has revealed debt of almost $19 million.

Ryman Healthcare has invested a record $272million into new retirement villages during its first-half trading year, and is expecting to post another record, full-year profit.

Declining global milk production, including in New Zealand, has underpinned a milk price forecast boost by Fonterra yesterday.

Analysts are at odds over the business path of New Zealand Oil & Gas, with one picking potential asset sell-off and liquidation and another a new emphasis on expansion through joint ventures.

Not only does Kaikoura face missing out on the lion’s share of  $120 million in annual tourism income, the country’s already stretched construction resources may hinder its rebuild programme.

In a surprise sale, 31% Kupe oil and gasfield shareholder Genesis Energy has purchased the 15% stake of New Zealand Oil & Gas for $168 million.

Insurer Tower's share price target has been downgraded 33% following Kaikoura's 7.8-magnitude earthquake and torrential rains lashing Wellington at historic levels.

Shipping for South Island imports and exports is not expected to be interrupted by Monday's earthquakes, but some interisland domestic cargoes could face disruption for weeks.

Donald Trump’s expansionary fiscal policies for the United States are likely to  strengthen the  US dollar and push down the kiwi  in the coming year.

Manufacturing growth in New Zealand has eased but continues to expand,  with Otago-Southland at its highest level of activity in the past 11 months.

New Zealand exporters will have to bide their time to discover whether US president-elect Donald Trump will go ahead with proposed trade tariffs, which could affect exports.