The Reserve Bank is expected to keep its official cash rate unchanged at 1.75% on Thursday as the announcement becomes overshadowed by market perceptions of new governor Adrian Orr.
The dairy industry is in for a big day tomorrow as the latest GlobalDairyTrade auction will be followed by the interim financial reports of both Fonterra and Synlait.
General Motors' OnStar technology will offer New Zealand customers a proven automatic crash and emergency response feature, Holden New Zealand managing director Kristian Aquilina says.
Holden New Zealand is spending a lot of money in this country to reinvigorate its brand. There will be new car models and redesigned dealerships. Holden NZ managing director Kristian Aquilina tells business editor Dene Mackenzie what to expect.
Briscoe Group, which also includes Rebel Sport and Briscoes Homewares, survived a challenging year to report a record profit and post sales of more than $600 million for the first time.
The appointment of Steve Vamos as chief executive of Xero from April 1 is not expected to materially change the strategic direction of the company, Australian research firm Morningstar says.
Economic growth for New Zealand is forecast to have a 3.1% annual rise when figures are released on Thursday but there is a chance GDP growth could be higher.
Announcements of initial projects for the Government’s Provincial Growth Fund (PGF) were disappointingly light, Business and Economic Research Ltd (Berl) deputy chief economist Hillmare Schulze said.
Total card spending remained flat in February, rising only 0.1% across all industries, but that still left a "fairly healthy picture" of spending growth over the past year, economists said.
Amy Adams yesterday took over the finance portfolio for the National Party, the first woman to hold the post for National since Ruth Richardson ended her term as finance minister in 1993.