Dene Mackenzie

Cut expected later in year

Cut expected later in year

The Reserve Bank is likely to slash the official cash rate later this year, although most economists are moving away from a cut this month, now pointing to September for the first reduction and December for the second.

Sky stepping up in on demand world

Sky stepping up in on demand world

Sky Television recognised the importance of the on demand content challenge and is improving its existing offering and launching new services.

Rebalancing of growth away from mining slow: economist

After driving growth for several years, mining investment has peaked in Australia and is declining significantly, in line with falling commodity prices, HSBC chief economist for Australia and New Zealand Paul Bloxham says.

Good team credited

Good team credited

When Michael Macknight is asked why he runs a worldwide business from Dunedin, he replies why not?

Consents go sideways

Dwelling consents continued to track sideways as signs emerge of Canterbury construction activity already tapering off.

F&P Healthcare profit up 18.6%

F&P Healthcare profit up 18.6%

Fisher & Paykel Healthcare enjoyed robust revenue growth in the year ended March to report record full-year earnings while increasing the dividend.

Coal company to leave NZX

Bathurst Resources will delist from the NZX on July 3 as it continues to trim its operational costs.

South strong on ASB scoreboard

South strong on ASB scoreboard

Otago has maintained its fifth place on the ASB-Main report, with tourism continuing to drive economic activity in the region.

Difficult period in store for glass maker

Newly-listed Metro Performance Glass released a profit for the eight months ended March in line with guidance but warned meeting prospectus targets for the next six months would be difficult.

Mainfreight outlook confident

Mainfreight outlook confident

Logistics and transport company Mainfreight produced an annual result not typical of the past where it was bullish on everything, Craigs Investment Partners broker Peter McIntyre said yesterday.