Billions of dollars were wiped off the Asia Pacific
sharemarkets yesterday but worse could come when the United
States, the United Kingdom and European markets open today.
Housing affordability has improved for first home buyers in
Dunedin and Queenstown but has become harder for those living
in the rest of the South Island.
Auckland International Airport was congratulating itself
yesterday on a great year but brokers were less than
impressed with the financial results for the year ended June.
Chorus will not pay out a dividend after seeing its revenue
and profits falling across most measures in the year ended
Otago has a two-speed economy, Queenstown racing along while
Dunedin struggles to keep up, according to the latest ASB
Migrants continue to flood into New Zealand, with July's net
migration of 5750 the highest net monthly inflow on record,
Statistics New Zealand figures released yesterday show.
Long-suffering Spark shareholders have been rewarded by the
company through increased dividend and a promise of a special
dividend next year.
Sky Network Television is feeling the pressure of competition
as its market share dropped in the year ended June, Craigs
Investment Partners broker Chris Timms said yesterday.
Central and local government together are expected to spend
$110 billion over the next 10 years on infrastructure and
Finance Minister Bill English does not seem averse to a
Investors pushed Trade Me shares up nearly 7% after the
online auction company reported a full-year financial result
in line with forecasts.
HRV CRV Sport is the winner
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