Dene Mackenzie

Chch airport CEO leaving

Chch airport CEO leaving

Longtime Queenstown businessman Jim Boult will step down as Christchurch International Airport chief executive at the end of the year when his contract expires.

Fewer Kiwis crossing the Ditch

The number of New Zealanders moving to Australia to search for a better life and job opportunities slowed substantially last month to reach the lowest level since December 2010.

Big four increase earnings 7.3%

Australia's four major banks, which each own an operation in New Zealand, delivered combined earnings of $A13.4 billion ($NZ16.1 billion) for the six months ended March, up 7.3% on the previous corresponding period.

Govt share float puts market back on investors' radar

Govt share float puts market back on investors' radar

Investor confidence has reached a two-year high as New Zealand investors seek higher yields against a background of more benign risk and higher returns from shares, the ASB Investor Confidence Index shows.

Research boost plays to city's strengths

Research boost plays to city's strengths

Discussions around the commercialisation of research from the University of Otago will take on a different dimension following a $130 million Government investment into Kiwi research and development.

S&P issues warning of economic vulnerability

Eight New Zealand second-tier lenders, including Heartland Bank and Credit Union South, have been put on notice by Standard and Poor's that recent strong growth in house prices could escalate.

Opera to Elton, a musical night to remember

Few people can take on Freddie Mercury and give even an adequate imitation of the late singer's special qualities. But last night Jonathan Ansell, of the Seven Irish Tenors, did just that.

Predicted $75m barely qualifies as surplus

The Government reaffirmed its commitment to have its books back in surplus by 2015 but at $75 million, the surplus remains in the category of margin for error.

New measures to address financial stability confirmed

The Reserve Bank has been given the go-ahead to implement extra measures which could affect future home buyers by requiring greater deposits before loans are approved.

Meridian confirmed as next for sale

Meridian confirmed as next for sale

Meridian Energy has been confirmed as the next state-owned electricity generator to be partly sold down and listed on the New Zealand Stock Exchange (NZX) in the second half of this year.