Housing Minister Nick Smith and economists had a different
take on building consent figures released yesterday by
Statistics New Zealand.
The United States Federal Reserve yesterday hogged global
headlines by making it clear a lift in its official lending
rate was possible in December.
ANZ New Zealand has continued a run of increased bank
profits, reporting an operating profit of $2.4billion for the
year ended September, up 5% on the previous corresponding
The Australian consumer price index inflation result this
morning will be the highlight of the week across the Tasman
and could have implications for the Reserve Bank of
Annual imports from China reached a record of $10 billion, up
$1.6 billion, or 19%, for the year ended September,
Statistics New Zealand said yesterday.
The Commerce Commission was in the sights of Chorus chairman
Patrick Strange yesterday when he delivered his address to
the telecommunication company's annual meeting in Wellington.
Businesses are being urged to upgrade to ultra-fast broadband
or risk being left behind.
Kiwisaver assets on the Morningstar database grew to $29.31
billion by September 30, a phenomenal growth rate,
Morningstar research analyst Elliot Smith said.
Neil Diamond proved to be a gracious and humble entertainer
when he stepped on stage on Saturday night to entertain an
enthusiastic if older audience.
The third-quarter reporting season starts on Friday with Trustpower due to release
its first-half 2016 results.
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