Dene Mackenzie

South Is companies show their resilience

South Is companies show their resilience

South Island companies overcame a tough and challenging three months to achieve a hard-fought gain of $159.2 million in capital value for the June quarter, according to the Deloitte South Island Index.

OCR cut set to stoke heated house market

Comment: New Zealand's housing market is set for another boost tomorrow when the Reserve Bank cuts the official cash rate from its present 3.25%.

Migrants total hits 58,000

New Zealand net annual migration rose to a fresh high of more than 58,000 in the year ended June, Statistics New Zealand data released yesterday revealed.

Canstar identifies BNZ as bank of the year

The BNZ has been named the Canstar Bank of the Year for the institution offering the best value in everyday banking across the country.

Doubt weighs on MRP view

Electricity generator Mighty River Power produced some impressive statistics for the three months ended June but the ongoing uncertainty about the future of Tiwai Point continues to weigh on investor sentiment.

Services result lifts some gloom

The Otago-Southland region finally received some good news to help brighten the gloom of winter with the release yesterday of the BNZ-BusinessNZ Performance in Services Industry Index.

Tech companies tipped to show growth

Goole's strong quarterly results last week have investors feeling confident heading into this week's release of technology-heavy financial reports.

New low forecast for official cash rate

Hot on the heels of low inflation data and another plunge in dairy prices, Westpac chief economist Dominick Stephens is now forecasting the official cash rate to fall to a new low of 2% by the end of the year.

Southern job market falters

Southern job market falters

The heat has gone out of the southern job market, according to the latest Jobs Online monthly report from the Ministry of Business, Innovation and Employment.

Rock-star economy history as growth hits doldrums

New Zealand's ''rock-star economy'' status is behind us, according to Forsyth Barr broker Peter Young. Business editor Dene Mackenzie reports.