Dene Mackenzie

Demand to change as population ages

As the population ages, the demand for various products and services will change in the regions, along with other parts of New Zealand, the NZIER report on regional economies says.

Creative sector contributes $3.6 billion to NZ's GDP

Creative sector contributes $3.6 billion  to NZ's GDP

New Zealand's creative industries contribute about $3.6 billion a year to the country's gross domestic product (GDP), a size similar to the contribution from the forestry sector, a new report shows.

Markets welcome move by Fed

Markets reacted positively to news yesterday the United States Federal Reserve was planning to stop buying bonds in October.

Warmer weather puts chill on apparel sales

Warmer weather puts chill on apparel sales

Warmer June weather hurt apparel spending, a key sector for New Zealand listed retailers, Forsyth Barr broker Haley Van Leeuwen said yesterday.

E-commerce platform for diagnostic tool

E-commerce platform for diagnostic tool

Dunedin-based Pacific Edge is taking its bladder cancer diagnostic technology directly to New Zealanders through the launch of an e-commerce platform, which will become live in about two weeks.

Kiwi expected to move higher

The New Zealand dollar is likely to move higher as New Zealand's interest rate advantage with other nations remains compelling.

Electronic card spending flat

Electronic card spending flat

The flat outcome in retail spending in June was softer than expectations but does not change the view of a continued improvement in underlying household spending.

Govt ups regional push

Govt ups regional push

The Government is stepping up its emphasis on attracting regional investment as the election campaign gathers momentum.

Operating loss up $332m on forecast

The Government's much-touted financial surplus remains elusive, with the operating loss for the 11 months ended May coming in higher than expected and tax revenue still proving problematic.

Otago's strengths highlighted

Otago is a leading region for tourism, superior wool production, winemaking, design and specialised manufacturing, the regional profile released yesterday says.