Dene Mackenzie

TPP vote, then wait to ratify it

TPP vote, then wait to ratify it

The Trans-Pacific Partnership agreement may possibly be signed in New Zealand on February 4 and protests through petitions and direct opposition are likely to grow in the next three weeks. The Government has yet to confirm a signing date. Business editor Dene Mackenzie reviews the economic aspects of the TPP.

Durables lead drop in retail

Durables lead drop in retail

Christmas shopping may not have been as strong as earlier indicated, judging by electronic card transaction data released yesterday.

Banker's warning seen as overreaction

Banker's warning seen as overreaction

The Royal Bank of Scotland is warning clients to brace for a ‘‘cataclysmic year'' and a global deflationary crisis, but brokers say the call to sell everything except high-quality bonds is an overreaction to market turmoil.

Falling wages hurt Otago home-buyers

Falling wages hurt Otago home-buyers

Aucklanders may be able to afford homes in Otago but they will have to be prepared to take a wage cut, the latest Home Affordability Report shows.

Producers have a year to forget

Producers have a year to forget

The ANZ commodity price index fell 1.8% in December, bringing to a close a year to forget for most New Zealand commodity producers.

Still doubts about Warehouse

Red Shed retailer The Warehouse Group's trading update was well received by the market but the group needed to show a trend that was not two steps back and one forward, Craigs Investment Partners broker Chris Timms said.

Debt levels next concern for commodity sector

Debt levels next concern for commodity sector

The level of debt held by mid-tier mining companies and whether they could service it was the next concern facing an already struggling commodity sector, Craigs Investment Partners broker Peter McIntyre said yesterday.

Nationally, building consents at 10-year high

Building consents reached a 10-year high in November with Auckland, Canterbury and Wellington dominating the figures released yesterday by Statistics New Zealand.

Earnings growth key factor

Earnings growth key factor

The investment year has started out full of volatility as global markets try to deal with a Chinese economic meltdown.

No NZ firms in Morningstar picks

New Zealand companies are missing from the 10 best stock ideas released last week by Australian research firm Morningstar. Some companies that have ties to New Zealand are included in the list.