Dene Mackenzie

Rio Tinto pushing Pacific division sale

Rio Tinto pushing Pacific division sale

The Tiwai Point aluminium smelter may get a new owner after reports from London speculating owner Rio Tinto is again putting its aluminium assets up for sale.

Budget main event but GDT will be watched

Budget 2015 will be the key event in New Zealand this week but tomorrow's GlobalDairyTrade auction will be watched carefully for any further fall in dairy prices.

Budget main event but GDT will be watched

Budget 2015 will be the key event in New Zealand this week but tomorrow's GlobalDairyTrade auction will be watched carefully for any further fall in dairy prices.

Buyer behaviour now key

Buyer behaviour now key

The Government has taken its first step to try to control the bubbling property market, but tax practitioners say there is much detail missing from Prime Minister John Key's new property tax proposals.

Investors appearing complacent

Investors appearing complacent

Global economic activity has stalled, numerous geopolitical risks are lingering and with many markets close to all time highs, investors appear to have become complacent.

Trustpower profit rise compromised by dollar

Trustpower profit rise compromised by dollar

Trustpower, which has assets in Otago and Southland, reported an improved profit for the year ended March 31, but not as high as expected due to some familiar issues such as a high value New Zealand dollar.

Property sector relaxed about 'welcome tweaks'

The property sector appears happy with proposed law changes to crack down on property traders and speculators, particularly those who have been avoiding paying tax on their proceeds.

'No-one should be left behind' - Robertson

'No-one should be left behind' - Robertson

The regions of New Zealand were feeling neglected, undervalued and left behind, and as a country, New Zealand would not thrive until those feelings were turned around, Labour finance spokesman Grant Robertson said yesterday.

Open-minded Robertson quick learner

Open-minded Robertson quick learner

Grant Robertson demonstrated yesterday he is a fast learner.

World Cup a boost to retail

World Cup a boost to retail

The co-hosting of the Cricket World Cup this year helped a surge in retail sales for the three months ended March.