Business confidence continued to recover lost ground in May,
rising for the third month in a row, according to the ANZ
Business Outlook released yesterday.
ANZ chairman John Judge will today impart some of his wide
business experience to a Dunedin audience as part of his
week-long residency at the University of Otago Business
The Green and Labour Parties will be presenting a united
front from today in a campaign to change the government
next year, Green co-leader Metiria Turei says.
Fonterra chief executive Theo Spierings has been linked to a
report he is leaving the milk processing co-operative, a
report the group management is strenuously denying.
Hellaby Holdings has downgraded its earnings forecasts,
blaming ongoing volatility and challenging conditions in the
international oil and gas market for the revised profit
The NZX50 reached a new high yesterday, something that is
becoming a habit. But this time, it was the significant
benchmark of 7000 points.
Two key releases in the United States in this
holiday-shortened week will be used as a guide to whether an
interest rate rise by the Federal Reserve will happen as soon
as next month.
Everything appears on track for transition for Z Energy
following its acquisition of Chevron New Zealand's Caltex
assets, Forsyth Barr broker Suzanne Kinnaird says.
Fisher & Paykel Healthcare has delivered what brokers are
calling a "stunning result'' for the year ended March.
The financial markets are likely to approve of Budget 2016,
which will cement the reputation of Finance Minister Bill
English as a prudent custodian of the books, Craigs
Investment Partners broker Chris Timms said yesterday.
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