Dene Mackenzie

Tower profit at top end of guidance

General insurer Tower reported a ''tidy profit'' for the six months ended March, at the top end of the guidance provided earlier this month, Forsyth Barr broker Andrew Rooney said yesterday.

Broadband levy under fire on several fronts

Broadband levy under fire on several fronts

The rural broadband levy included in Budget 2015 has been decried by both Labour ICT spokeswoman Clare Curran and the Telecommunications Forum.

Fonterra to fore in full reporting week

Fonterra to fore in full reporting week

The week ahead will be a busy one for corporate news but Fonterra's initial payout forecast for the 2015-16 season, due mid-week, should take centre stage.

Methven's guidance for 2016 disappoints

Demanding guidance provided by Methven disappointed brokers yesterday, despite the tapware maker lifting its operating profit for the year ended March by 12.4%.

Auckland Airport numbers impress

Auckland Airport has again impressed commentators with its latest monthly traffic updates.

Warning over effects of new passenger levy

Auckland Airport warned yesterday the Government's decision to implement a passenger levy of $22 for a return international trip could impact on New Zealand's competitiveness as a tourist destination.

Sweeter second half helps Comvita exceed forecasts

Sweeter second half helps Comvita exceed forecasts

Comvita comfortably exceeded the company's earlier forecasts when it reported record earnings for the year ended March.

Migration in flows still strong

Net migration remained strong in April and the net 4740 gain was just shy of the average of the preceding six months of 4920.

Newspaper job advertisements climb

The number of newspaper job advertisements lifted by 5.5% in April as the series continued to gradually recover from a near 30% fall in January, the ANZ Job Ads series shows.

English springs surprise

English springs surprise

Finance Minister Bill English pulled off a masterstroke in Budget 2015.