Skellerup's industrial division was the standout in the first half of the 2018 financial year, Forsyth Barr broker Damian Foster said yesterday.
The Government has gone too far with its attempt to dampen property speculation through an extension to the bright-line test, Dunedin tax expert Scott Mason says.
Genesis Energy produced a first-half profit slightly better than forecast, mainly from the generation portion of the business.
New Zealand is still regarded as one of the healthiest economies in the world and that was demonstrated when the Crown accounts provided a more positive view of the half-year financial results than expected.
Auckland International Airport is expected to report its lowest level of earnings per share (EPS) growth in more than seven years when it reports its first-half results on Friday.
Dunedin National Party list MP Michael Woodhouse reacted with surprise and sadness when he learned yesterday of the resignation of party leader Bill English.
National Party MPs will spend a few more tense hours as the potential leaders of the party to replace Bill English announce their intentions.
Retail card spending has started the year on a strong footing as core spending recovered from its December dip.
Domestic data out this week will pale into insignificance compared with developments offshore, particularly those in global equity markets, BNZ head of research Stephen Toplis says.
Fletcher Building shares are expected to begin trading this morning with brokers poised to update their forecasts once the bad news is absorbed.
The 2018 financial year is set to be messy for Michael Hill International as the jeweller works through the exit from the United States and the Emma & Roe transformation.
Employers and workers will both need to be careful dealing with the implications of retailers being allowed to open on Easter Sunday.
The hurdle for moving the official cash rate either up or down is very high, at least in the first half of this year, BNZ interest rate strategist Nick Smyth says.
SkyCity starts the latest New Zealand reporting season this morning and only modest growth is expected in its first-half operating profit.
The Bank of New Zealand yesterday introduced a 12-month fixed-term lending rate of 4.39% after the Reserve Bank held its official cash rate unchanged at 1.75%.
New Zealand's low inflation rate is having an effect on the amount Kiwis are spending, the latest Paymark figures suggest.
A cut in migration numbers at the levels projected by the Government would have a catastrophic effect on the southern economy, Clutha-Southland MP Hamish Walker said yesterday.
The Reserve Bank this morning left the official cash rate (OCR) unchanged at 1.75% with many economists now believing interest rates will stay low until at least 2019.
Unemployment has fallen to a nine-year low in New Zealand but more jobs are needed and there has been very little movement in wage levels, hardly lifting in a way to suggest broader inflation is about to be unleashed.
ASB Bank had a strong six months ended December 31, improving both its before and after-tax profits by 13% in the period.