Dene Mackenzie

Importance in comment from RBNZ

Importance in comment from RBNZ

A speech by Reserve Bank assistant governor John McDermott on Thursday takes on extra significance following inflation in March being weaker than the markets expected.

Anzac Day payments simple for most

Dunedin North MP David Clark is thrilled the Anzac Day public holiday will be transferred to next Monday, allowing people to spend quality time with friends and family.

Expansion continues in service sector

New Zealand's service sector continued to march onwards and upwards last month, showing healthy levels of expansion, the BNZ-BusinessNZ Performance in Manufacturing Index shows.

Z Energy's outlook rated positive

Z Energy's outlook rated positive

Forsyth Barr has increased its share target price for Z Energy by 10c a share to $5.10, following the latest operating statistics from the energy company.

Stocks plunge with ore price

Stocks plunge with ore price

The plummeting iron ore price has wiped $A74 billion ($NZ74.9 billion) from the value of Australia's key iron ore mining stocks since January last year and analysts expect the share prices to continue their fall as the price for the commodity slides.

Phone review: XPERIA E4

Phone  review: XPERIA E4

It is unusual these days when a new release of a mobile phone costing a ''reasonable'' amount of money can grab attention.

Mad Butcher tests concept store in Mosgiel

Mad Butcher tests concept store in Mosgiel

The Mad Butcher chain has opened its first ''concept store'' in Mosgiel as it prepares to expand the idea to other parts of New Zealand.

Inflation way under target

Inflation way under target

Lower petrol prices are expected to to sink first quarter inflation to just 0.1%, taking annual inflation down to 0.2% or 0.3% and remaining well below the Reserve Bank's 1% to 3% target range.

Bonds no longer buyer's market

Bonds no longer buyer's market

Dairy co-operative Fonterra attracted $100 million of oversubscriptions for its 2021 bonds in a sale that was helped from the maturity of $800 million of its existing debt.

Provincial NZ to take licensing levy hit

Provincial NZ to take licensing levy hit

Provincial areas like Otago were going to be penalised through the new system to determine car licensing levies, Labour MP David Parker said yesterday.