Dene Mackenzie

Tourism stocks looking good: report

Tourism stocks looking good: report

Gaining exposure to the growing tourism sector was not a new idea as the sector had performed well across all segments, Forsyth Barr broker Suzanne Kinnaird said.

Consumers upbeat in spite of indicators

Consumers upbeat in spite of indicators

New Zealand consumers are ignoring bad economic news with sentiment broadly stable at a respectable level, according to the ANZ-Roy Morgan Consumer Confidence Index.

2.9% job ad rise suggests weakness brief

Job advertisements rose strongly in March and have more than made up for those lost in January, the ANZ Job Ads report, released yesterday, says.

Tasman dollars on a high

Tasman dollars on a high

The transtasman currencies both reached 10-month highs yesterday, despite the best intentions of the New Zealand and Australian central banks.

Earnings downgrade on the cards for Mighty River

Earnings downgrade on the cards for Mighty River

Mighty River Power's operating statistics were soft enough to point to a modest 2016 financial year earnings downgrade, Forsyth Barr broker Damian Foster said yesterday.

Tourism boosts services sector in South

Tourism boosts services sector in South

Tourist demand and record visitor numbers to southern New Zealand have proved to be the principal driver of Otago-Southland's service industry.

Banking help smoothing the way for small business

Small and medium-sized businesses have moved front and centre this month after the Government last week announced changes to simplify tax payments for the main employers of New Zealand workers.

0.4% inflation in line with Reserve Bank forecasts

Low inflation is helping New Zealand households get ahead, and wages, on average, continue to rise faster than the cost of living, Finance Minister Bill English says.

April cut in OCR not guaranteed

The March consumer price index measure of inflation failed to provide the signs of an official cash rate cut next week the market was hoping for, ANZ senior economist Mark Smith said.

Keen eye on dairy auction

Keen eye on dairy auction

The GlobalDairyTrade auction tomorrow will be watched closely for signs of stability and, hopefully, a further rebound, Craigs Investment Partners broker Chris Timms said yesterday.