Dene Mackenzie

Tough time for Warehouse in hard market

Sharebroker Forsyth Barr has maintained its underperform rating on The Warehouse Group although broker Suzanne Kinnaird has welcomed the sale of the group's financial services unit.

Auckland Airport flying high

Auckland Airport has received a glowing report from Australian research firm Morningstar after again reporting an increase in its monthly traffic.

Immigration stance change likely to please

Southern employers are likely to welcome the change of stance indicated by the Government regarding a proposed immigration policy.

Aug reporting season 'flurry'

The August reporting season - when all local companies with June and December reporting dates release their financial results - is looming for New Zealand and Australia.

SBS growth continues

SBS Bank is set to continue its unprecedented growth of the past five years after announcing it has conditionally bought The Warehouse Group Finance Services for $18million.

Iwi honing their smarts

A financial analysis by ANZ of 31 post-Treaty of Waitangi settlement iwi and hapu shows all recorded a positive profit in the last reported financial year. But there are also challenges ahead.

Win brings chances for further learning

Deloitte Dunedin auditor Jeffrey Broughton. Photo: Linda Robertson.

Win brings chances for further learning

Deloitte Dunedin auditor Jeffrey Broughton is welcoming the opportunities winning a prestigious Institute of Directors award will bring.

New high for net migration

In what has become a recurrent theme in past years, New Zealand’s migration in June reached another annual high of 72,300, likely to prompt another outpouring of concern from campaigning politicians.

Extremes of affordability in the South

Otago has the slowest quarterly rate of median house price growth in New Zealand. Photo: Peter...

Extremes of affordability in the South

Otago-Southland features prominently in the latest Massey Home Affordability Index, for reasons at both ends of the financial spectrum.

SBS emphasises flexibility

Ongoing development of its digital platform will give SBS Bank an edge with millennials wanting access to banking services they can access on all devices, SBS chief executive Shaun Drylie says.

Labour releases borrow and spend policy

The Labour Party is prepared to borrow more to spend more to meet its financial goals outlined in its fiscal plan announced yesterday.

Labour's international tax-dodging policy slated

Labour's international tax-dodging policy slated

Labour's tax policy was a ''populist political statement'' and out of step with New Zealand's commitment to work with other OECD countries, a managing tax partner says.

Central banks big indicators this week

Central banks big indicators this week

Two high-profile central bank meetings take place this week which may provide insight into two of the world's largest economies.

Politicians and planners are being urged to take a long-term view of Auckland's growth and to start realising short-term money injections are not the best options for long-term economic growth and development of the city and New Zealand as a whole.

Lake levels at lowest for June since 2008

Lake levels at lowest for June since 2008

Hydro lake levels fell to 65% of average in June, although the rate of decline eased towards the end of the month because of moderate inflows.

Migration to bring major market benefits

Migration should continue to be a positive driver for the New Zealand economy and equity markets. Forsyth Barr broker Lyn Howe says market concerns with regards to a slow down in migration and negative political action are overblown.

Cutting it fine with candidate selection

Cutting it fine with candidate selection

The Clutha-Southland National Party candidate is not likely to be selected until mid-August, close to a month out from the September 23 general election.

Michael Hill's growth strong

Listed jeweller Michael Hill reported a strong finish to the 2017 financial year and Forsyth Barr broker Suzanne Kinnaird said it delivered an acceleration in sales growth across all core markets.

Low OCR still aiding NZ economy

Low OCR still aiding NZ economy

One of the big questions economies around the globe are wrestling with is whether the extraordinary degree of monetary stimulus introduced in recent years is still necessary.

Symposium examines NZ's work future

Dr Sara Walton, of the University of Otago department of management, begins the Winter Symposium...

Symposium examines NZ's work future

New Zealand's future may be as a high-value manufacturing country servicing the global economy with low volume but high quality products, avoiding competing with Asia and emerging African nations.

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Dene Mackenzie