Dene Mackenzie

Small to medium-sized businesses not investing boldly

More than a third of New Zealand small and medium-sized enterprises (SMEs) feel their business has improved and the economy is moving ahead, but they are still reluctant to invest in or grow their business.

Focus on building higher-density housing forecast

Focus on building higher-density housing forecast

The New Zealand residential construction market has worked itself back to mid-cycle activity levels after the deepest trough in more than 50 years. Forsyth Barr broker Andrew Rooney tells business editor Dene Mackenzie there is scope for building consents issued to increase.

Dunedin tops broadband speed rankings

Dunedin tops broadband speed rankings

Dunedin is being ranked as a ''real broadband powerhouse'' since winning the Gigatown competition last year, according to figures provided to the Otago Daily Times.

Commodity index down, but wool does well

Commodity index down, but wool does well

The ASB New Zealand commodity index fell last week but lamb, beef and wool prices all posted rises close to 2% in United States dollar terms.

Obtaining access has its problems

DUnedin may have the fastest broadband speed in Australasia but for Dunedin man Alan Richardson, getting access to ultra-fast broadband has not been easy.

Passenger numbers up at Queenstown

Passenger numbers up at Queenstown

Queenstown's Airport's international passenger numbers increased nearly 40% in March on the corresponding month last year, with increased flight capacity and strong passenger loadings of 81%.

OCR rise ruled out

OCR rise ruled out

The Reserve Bank is ruling out any increase in its official cash rate, which will be a relief to exporters and those who are battling a high dollar driven by this country's high interest rates compared with Australia's.

Migration stable but at high rate

Monthly migration into New Zealand appears to have stabilised but at a very high level as Kiwis continue to return home from Australia.

Consumer confidence 'nudging up'

There was a clear division in consumer confidence emerging on either side of the Tasman, ANZ chief economist Cameron Bagrie said yesterday.

Housing affordability gap stretches

Housing affordability gap stretches

The gap between housing affordability in Auckland and the rest of the country is now the widest it has been in the 25-year history of the Massey Home Affordability Report.