'A wall of money' to invest
'A wall of money' to invest
Mergers and acquisitions could be the 2016 theme for New Zealand's sharemarket, with low expectations of much in the way new initial public offerings (IPOs) this year.
Simon Hartley
China’s GDP up 6.8% on year ago
China’s GDP up 6.8% on year ago
China's fourth quarter gross domestic product (GDP) has largely met expectations, coming in at 6.8% compared with a year ago, but still the slowest growth since the global financial crisis.
Price fall on cards at GDT auction
Price fall on cards at GDT auction
Turmoil in global markets and commodity prices have increased the likelihood of downward price pressure on Fonterra's global dairy trade (GDT) auction tonight.
China, oil hit world’s markets
China, oil hit world’s markets
A bear market is prevailing over bourses across the world as China's woes deepen - all further undermined by the rout spreading across the oil market.
Oceana expects good end to 2015
Oceana expects good end to 2015
Oceana Gold is in a small clutch of gold producers expected to deliver strong results for the final trading quarter of 2015; the key for each company being free cash-flow from operations.
Outlook for gold a little shinier
Outlook for gold a little shinier
Global gold prices finished a tough year further depressed. Craigs Investment Partners broker Peter McIntyre talks with senior business reporter Simon Hartley about the companies and their outlook for 2016.
Oil exploration slips as Greens would like
Oil exploration slips as Greens would like
Environmentalist' wishes to have less oil and gas exploration around the country may yet be delivered by the industry itself, as global oil prices tank and Shell reviews its widespread New Zealand operations.
Pan Pac plans Milburn growth
Pan Pac plans Milburn growth
Japanese-owned Pan Pac Forest Products will pour $23 million into doubling capacity and creating jobs at its Milburn sawmilling plant.
Crude cuts count for little at pump
Crude cuts count for little at pump
Motorists should not anticipate major petrol price cuts anytime soon, despite the global glut of crude oil and its price plunge to near 12-year lows.
Sealord hoping for success
Sealord hoping for success
Reflagged Sealord charter fishing vessel Fishing Success arrived in Dunedin on Tuesday.
Queenstown Lakes housing surge
Queenstown Lakes housing surge
Queenstown Lakes house values are second only to the cooling Auckland market, the pair's average prices for 2015 up about 13% or more at $776,671 and $933,264 respectively.
Oil price slide hitting markets
Oil price slide hitting markets
Global oil prices sank closer to $US30 ($NZ45.70) per barrel yesterday - hitting 12-year lows - and some analysts have repeated predictions prices will fall as low as $US20 a barrel.
Offshore dumping of spoil stopped for now
Offshore dumping of spoil stopped for now
Port Otago has stopped using its offshore spoil dumping site - 6km off Taiaroa Head - after realising it had not completed one of several baseline studies, as required under its resource consent.
Moving on to his own workshop
Moving on to his own workshop
Graham Batts formally ends 60 years of service with 102-year-old Dunedin-based engineering company Scott Technology this year, including as a design engineer, general manager and managing...
Eco-plea for coastal ships
Eco-plea for coastal ships
As New Zealand moves toward an era of bigger container ships visiting our shores, the New Zealand Shipping Federation (NZSF) has made a plea for cross-party consensus to get coastal shipping back on track.
Retailers rejig as shoppers look elsewhere
Retailers rejig as shoppers look elsewhere
Retailing is the barometer of the economy, presenting plenty of risks and opportunities.
Airborne minerals survey in South
Airborne minerals survey in South
Large swaths of Otago and Southland will shortly be under aerial survey by low-flying helicopters and planes, part of an $8million minerals survey by the Ministry for Business and Innovation (MBIE).
Shell selling Maui gas pipeline
Shell selling Maui gas pipeline
New Zealand's largest natural gas pipeline has been sold by Shell and its joint venture partners for $335million, to Australian infrastructure funds manager First State Investments.
Slight profit dip still in upper half of guidance
Slight profit dip still in upper half of guidance
Abano Healthcare has delivered a dip in profit, but within its guidance range, following the sale of its pathology and orthotics businesses a year ago.
Central Otago property rise star
Central Otago property rise star
Suburbs and towns throughout Otago made some healthy quarterly gains on house values, but Central Otago stole much of the limelight in percentage gains over the longer term.