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Economy Stories - Page 11

Kiwi Stories

Economy stories

NZ dollar pares gain ahead of Fed meeting
New Zealand Dollar

NZ dollar pares gain ahead of Fed meeting

The New Zealand dollar pared overnight gains in local trading as investors look to the outcome, tomorrow morning, local time, of the last US Federa.

By Pattrick Smellie • 3 min read • Wed, 17th Dec 2014
NZ dollar drifts lower has slide in crude oil saps risk appetite
Wall Street

NZ dollar drifts lower has slide in crude oil saps risk appetite

The New Zealand dollar fell as the continued decline in crude oil prices stoked concern that global economic growth may be faltering, weighing on e.

By Pattrick Smellie • 3 min read • Mon, 15th Dec 2014
RBNZ sees 44% bounce in whole milk powder in 2015
Endpoint Protection

RBNZ sees 44% bounce in whole milk powder in 2015

The Reserve Bank expects whole milk powder prices to rise by about 44 percent next year as the slump in global prices this year prompts less compet.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
Govt to keep joint and several liabilty, tasks officials to look at tweaks
Government

Govt to keep joint and several liabilty, tasks officials to look at tweaks

The government plans to keep the existing rules governing how multiple defendants are treated in the legal system, though wants officials to have a.

By Pattrick Smellie • 2 min read • Wed, 10th Dec 2014
NZ govt deficit bigger than expected as Solid Energy indemnity weighs
Financial Year

NZ govt deficit bigger than expected as Solid Energy indemnity weighs

The New Zealand government's operating deficit was wider than expected in pre-election forecasts as income tax lagged forecast and an indemnity for.

By Pattrick Smellie • 3 min read • Wed, 10th Dec 2014
NZ wholesale trade rises 0.7% in Sept quarter, led by auto industry
Economy

NZ wholesale trade rises 0.7% in Sept quarter, led by auto industry

NZ wholesale trade rose 0.7% in Q3, reaching NZD $22.08 billion, driven by a booming auto industry which saw a 2% rise in sales to NZD $1.99 billion.

By Pattrick Smellie • 2 min read • Fri, 5th Dec 2014
NZ dollar to stay under pressure until December MPS
New Zealand Dollar

NZ dollar to stay under pressure until December MPS

The New Zealand dollar was little changed in local trading, and will likely remain under pressure as low inflation expectations and weak dairy pric.

By Pattrick Smellie • 2 min read • Wed, 26th Nov 2014
NZ inflation expectations slide as growth prospects slow, RBNZ survey
Wages

NZ inflation expectations slide as growth prospects slow, RBNZ survey

New Zealand businesses have trimmed their expectations for consumer inflation over the next two years as the rosy outlook for a booming economy com.

By Pattrick Smellie • 3 min read • Tue, 25th Nov 2014
UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain
Taxation

UPDATE: Metroglass confirms on track for full year, as interim sales rise 13%, shares gain

Metro Performance Glass, which has more than half of New Zealand's glass processing market, is on track to meet full-year prospectus forecasts as i.

By Pattrick Smellie • 3 min read • Fri, 21st Nov 2014
Visa NZ sees rapid rise in contactless card use amid strong payment volumes
Marketing Technologies

Visa NZ sees rapid rise in contactless card use amid strong payment volumes

Visa Inc's local unit has seen a trebling in the use of contactless card transactions over the past year, as people become more comfortable with th.

By Pattrick Smellie • 3 min read • Thu, 6th Nov 2014
NZ dollar falls vs. A$ after RBA tones down rhetoric; dairy auction looms
New Zealand Dollar

NZ dollar falls vs. A$ after RBA tones down rhetoric; dairy auction looms

The New Zealand dollar fell against its trans-Tasman counterpart after the Reserve Bank of Australia toned down its rhetoric in calling its currenc.

By Pattrick Smellie • 2 min read • Tue, 4th Nov 2014
Westpac NZ margins squeezed by shift to fixed rate mortgages, increased rivalry
Fintech

Westpac NZ margins squeezed by shift to fixed rate mortgages, increased rivalry

The switch from floating to fixed interest rates mortgages has impacted Westpac New Zealand's net interest margin,which fell six basis points in th.

By Pattrick Smellie • 3 min read • Mon, 3rd Nov 2014
NZ business confidence hits 15-year high
Information Communication & Technology

NZ business confidence hits 15-year high

New Zealand business confidence rose to its highest in almost 15 years this month, adding to evidence the economy is picking up pace.

By Pattrick Smellie • 2 min read • Thu, 19th Dec 2013
NZ business confidence high in the sky
Information Communication & Technology

NZ business confidence high in the sky

New Zealand business confidence soars to a five-year high, with a net 54% of firms optimistic about the year ahead, led by bullish construction sector outlooks.

By Pattrick Smellie • 2 min read • Tue, 1st Oct 2013
Trade Me expects to meet dividend target
Trade Me

Trade Me expects to meet dividend target

Trade me said it will meet its prospectus forecast for dividends in the second half of the year though a hoped-for economic upturn hasn't materialised.

By Pattrick Smellie • 2 min read • Wed, 31st Oct 2012

Global Stories

Economy stories

Don't leave town before you've seen the booming ICT market
Information Communication & Technology

Don't leave town before you've seen the booming ICT market

The ICT sector is thriving with 75% of employers planning to hire, driven by new projects. Pay rises are on the horizon as industry confidence grows.

By Staff Writer • 4 min read • Thu, 13th Feb 2014
Is low investment holding back NZ business growth?
Unified Communications

Is low investment holding back NZ business growth?

New Zealand ranks as the fourth most dynamic economy globally, but low R&D investment is stifling its business growth potential, warns Grant Thornton.

By Staff Writer • 3 min read • Wed, 18th Sep 2013
NZ becomes 'Best Country for Business'
Forbes

NZ becomes 'Best Country for Business'

New Zealand takes the crown as 'Best Country for Business' in Forbes' rankings, excelling in personal freedom and investor protection among other metrics.

By Staff Writer • 2 min read • Fri, 16th Nov 2012