Dick Smith staff in New Zealand appeared to have been caught
unawares as their employer went into receivership yesterday
citing lack of support from its banking syndicate.
The influence of China on the global economy became obvious
quickly this year when authorities were forced to stop
trading on China's major share indices on Monday after a day
of selling by investors.
Australia faces a challenging domestic environment this year
but the economy should prove resilient, Morningstar senior
credit analyst John Likos said.
Eight investment themes are set to be dominant in the year
ahead with low interest rates and more elevated levels of
New entrants to sharemarket investing, the increasing amount
of money going into KiwiSaver and better education about
saving all contributed to another stellar year for the NZX.
A2 Milk has continued to provide some late cheer for
investors as its share price continues to surpass broker
Sharemarkets around the world rose and bond yields improved
as oil rebounded from 11-year lows on prospects of lower
temperatures in the northern hemisphere.
Falling commodity prices will continue to underpin global
consumer activity throughout 2016, helping maintain modest
economic growth, Forsyth Barr broker Suzanne Kinnaird says.
Housing affordability for first-home buyers in New Zealand is
becoming a bit of a lottery, with some regions improving in
affordability and some getting worse.
Pacific Edge is ending the year as it began, launching new
products and aiming for new markets.
cars for sale
Submit your news & photos - Login or
Opinion? Have your say - Login or Register
event or notice
Add a photo
Make ODT my
Otago Daily Times print and digital edition, The
Star - Dunedin, The News - Central Otago, The
Ensign - Gore, Southland Express -
Invercargill, Southern Rural Life - Otago and
Southland, The Courier - Timaru, Courier Country - Canterbury and
West Coast, Queenstown Times - Queenstown, Mountain Scene -
Queenstown, The Oamaru Mail - Oamaru, The
Greymouth Star - Greymouth, Hokitika Guardian - Hokitika,
West Coast Messenger - West Coast, The Ashburton Courier -
Ashburton, The News - North Canterbury, Extra! schools
Times South Canterbury