Dene Mackenzie

Housing consents still high

Housing consents still high

Strong house-building demand in both Auckland and Canterbury meant dwelling consents issued in July held up at high levels.

Business sentiment continues downward slide

Waning business sentiment is turning into a trend, falling for the sixth successive month, according to the ANZ Business Outlook.

Collins saga may be far from over

Collins saga may be far from over

The resignation of Judith Collins as a cabinet minister on Saturday should pave the way for Prime Minister John Key to get National's election campaign back on track.

Managing director of MTF resigns

Managing director of MTF resigns

Angus Bradshaw, the managing director of Dunedin-based Motor Trade Finances, resigned suddenly yesterday from the position he had held for 17 years, with very little explanation from the company.

Is Reserve Bank trying to weaken the kiwi?

Is Reserve Bank trying to weaken the kiwi?

The New Zealand dollar was the talk of the town in foreign exchange circles this week with rumours the Reserve Bank is intervening to weaken the kiwi sparking renewed selling interest.

KiwiBank delivers NZ Post a profit

KiwiBank delivers NZ Post a profit

Kiwibank substantially boosted its parent New Zealand Post's profit for the year ended June, with figures supplied to the market showing NZ Post would have barely broken even without the bank's contribution.

Turbulence over Tasman

Turbulence over Tasman

The difference between a nimble Air New Zealand and a behemoth Qantas Airways was revealed yesterday when the Australian airline revealed a statutory after-tax loss of $A2.8 billion for the year ended June.

Hellaby's $56.1 million profit 'solid'

Hellaby's $56.1 million profit 'solid'

Hellaby Holdings produced a ''satisfying solid'' operating profit of $56.1 million for the year ended June, Craigs Investment Partners broker Chris Timms said.

Early booking recommended to cut travel costs

Early booking recommended to cut travel costs

Dunedin International Airport chairman Stuart McLauchlan is one of Dunedin's most travelled businessmen and he has a tip for reducing the costs of travel from the city - book early.

Revenue up, profit down: a2

The balance sheet of a2 Milk Company took a beating in the year ended June, with the company blaming the high New Zealand dollar and costs associated with its joint venture in the United Kingdom.