Dene Mackenzie

Spark enters online content joint venture

Spark enters online content joint venture

Spark has increased its focus on content with a new joint venture with Coliseum Sports Media New Zealand as it tries to gain a foothold in the crowded online television market.

NZ-Australia parity close

NZ-Australia parity close

The New Zealand dollar could reach parity with the Australian currency as early as the first quarter next year, following economic uncertainty in Russia and the Federal Reserve adopting a more cautious tone.

Figures confirm economy growing

The latest economic growth data for New Zealand's economy was historical but ANZ chief economist Cameron Bagrie said it still suggested the economy was in good shape heading into next year.

Fuel down, airline's profit soars

Fuel down, airline's profit soars

Fuel prices are creating significant headlines and will drive large profit growth for Air New Zealand in the second half of the 2015 financial year.

Balance sheet improved

Balance sheet improved

Significant headway has been made in the past few years in improving New Zealand's balance sheet, ANZ chief economist Cameron Bagrie said yesterday.

Surplus slips from English again

Surplus slips from English again

The Government's treasured financial surplus is in danger of evaporating, with Finance Minister Bill English facing the prospect of never reaching his much-talked about goal of returning the Crown accounts to black.

Lenders wary of newcomers and 'P2P' transactions

New Zealand's non-banking sector feels there is a possible threat of disruption with a new player entering the market and having an impact on the incumbents.

Service sector less upbeat than 2013

Service sector less upbeat than 2013

Construction, tourism, finance and insurance and recreational service providers in Otago and Southland are upbeat leading into Christmas.

Non-banking sector record year reported

Non-banking sector record year reported

Cheaper funding costs and strengthening loan book quality helped keep the non-banking sector stay competitive and produce sound financial results.

Growth expected to moderate

Growth expected to moderate

Risks to the New Zealand economy have increased and are not being helped by events in Europe, the United States and Australia. Business editor Dene Mackenzie previews a volatile week of economic data.