Dene Mackenzie

Climate change a 'grim reality’ at Coronet Peak (+ video)

Climate change a 'grim reality’ at Coronet Peak (+ video) The impact of climate change is a reality for Coronet Peak Ski Area manager Ross Copland.

 

Winning ways with snow guns (+ video)

Winning ways with snow guns (+ video)

Coronet Peak would not have opened this year without the power of its 217 snow-making guns which generated a 40cm snow base just in time for the start of the school holidays.

Manufacturing trend continues positive

Manufacturers in Otago and Southland supplying wood and metal products to the construction sector were thriving, Otago-Southland Employers Association chief executive Virginia Nicholls said yesterday.

Job ads rise everywhere, except Canterbury

Job ads rise everywhere, except Canterbury

Strong job advertisements in June confirmed dairy sector woes and the Canterbury rebuild slowdown were being outgunned by strong activity elsewhere, ANZ chief economist Cameron Bagrie said yesterday.

Banker gives nothing away

The Reserve Bank is front and centre in the debate about New Zealand's housing situation but that did not tempt assistant governor John McDermott to give any signals in a speech he gave yesterday.

Supply, demand key factors

Dwelling consents, bank lending and net migration were three of the main factors determining house prices, Milford portfolio manager Brian Gaynor said yesterday.

Housing football kicked around

Housing football kicked around

The game of political shenanigans and tit-for-tat press releases around New Zealand's housing problems continued yesterday and are likely to continue for some time yet.

Stance on cash rate stuns bank

Stance on cash rate stuns bank

The ASB says it is "gobsmacked'' by the apparent lack of action by the Reserve Bank to deal with New Zealand's housing problems.

Lift in spending exceeds forecast

Consumers reached for their wallets in June as spending surged 1.3% from the previous month, well ahead of the 0.5% market estimate.

Rate cut by Bank of England on the cards

The Bank of England could cut its target cash rate as soon as the end of this week in response to Great Britain voting to leave the European Union.