The New Zealand economy will grow strongly over the next
couple of years, according to the latest NZIER consensus
forecasts. Coming at the same time as the improved forecasts
from the Treasury, it could be a good year ahead. Business
editor Dene Mackenzie reviews the latest data.
New Zealand's September quarter GDP (gross domestic product)
was not as strong as it looked but there was no denying the
economy was gathering momentum, BNZ senior economist Craig
Ebert said yesterday.
Peel Mining, based in Perth, is frustrated with the process
it is being forced to go through to find whether it can
proceed with its Rise and Shine project based on the Perriam
property, close to Cromwell.
Forsyth Barr has upgraded its recommendation on Chorus shares
to accumulate following the release at the weekend of the
Ernst and Young (EY) review on cash-saving initiatives for
the infrastructure company.