Dene Mackenzie

Scott on verge of buying competitor

Dunedin manufacturer Scott Technology remains on the acquisition trail and chairman Stuart McLauchlan says the company is in final negotiations to buy a German competitor.

Cash for shareholders remains Contact’s focus

Electricity generator Contact's strategy remained the delivery of strong cashflows for distribution to shareholders, chief executive Dennis Barnes said in a letter to shareholders yesterday. Contact would continue to deliver value to its customers by providing choice, control and certainty.

Kathmandu delivers improved sales, margins

Kathmandu delivers improved sales, margins

Kathmandu Holdings has reported a tax-paid profit at the higher end of its recent guidance with Forsyth Barr forecasting it was likely to exceed its full-year guidance.

NZ’s rating affirmed

NZ’s rating affirmed

The Government's economic programme had been working and was recognised by Standard & Poor's decision to reaffirm New Zealand's AA credit rating, Finance Minister Bill English said yesterday.

New iPhone SE — smaller, cheaper, here next week

New iPhone SE  — smaller, cheaper, here next week

Apple has released a new iPhone to much fanfare but it is the size, as well as the quality, which is attracting the most attention.

Migration continues to strengthen

Migration continues to strengthen

New Zealand's net migration has gone from strength to strength during the past few years, consistently defying the most bullish of forecasts, Westpac chief economist Dominick Stephens says.

Strong profit expected from Fonterra

Strong profit expected from Fonterra

Fonterra is expected to provide some market excitement tomorrow when it reports its half-year financial results.

Confidence slips as households fret about economy

Consumer confidence has slipped in the early part of the year as households become increasingly worried about where the economy is headed over the next few years.

Exchange rate volatility vexes CEOs

Exchange rate volatility vexes CEOs

Volatile exchange rates, trade agreements and a slow down in growth markets are among the variables playing into today's increasingly complicated export market.

NZ firms harnessing seniors but lag on diversity: PwC

The most alarming trend in this year's PwC Annual Global CEO Survey is again the availability of key skills, PwC New Zealand chief executive Bruce Hassall says.