Record immigration expected to slow
Record immigration expected to slow
Net migration is continuing to run at record highs but there are signs the inflow has reached its peak.
Dene Mackenzie
NZ 'on way to major housing crisis'
NZ 'on way to major housing crisis'
Labour leader Andrew Little remained adamant yesterday New Zealand was on its way to a major housing crisis. It was a ‘‘hugely serious problem'' and the Government had been underplaying the...
Job market strength positive
Job market strength positive
The ANZ Job Ads series is suggesting the New Zealand labour market remains fairly strong and it is a question of when, not if, this flows into an acceleration in wage growth.
Two-year outlook suggests low inflation could become embedded
Two-year outlook suggests low inflation could become embedded
The risk of low inflation becoming embedded in New Zealand seems to rise substantially when two-year-ahead expectations are analysed, HSBC chief economist Paul Bloxham says.
Heartland sees opportunities in market volatility
Heartland sees opportunities in market volatility
Heartland Bank has decided not to proceed with a capital issue or the return of capital before June, focusing instead on acquisition opportunities presented by market volatility.
Farmgate payout likely to increase
Farmgate payout likely to increase
Fonterra is likely to lift its farmgate milk price payout to farmers when it makes its announcement next week but economists are divided about where the payout will settle.
Power price plan benefits South
Power price plan benefits South
Most regions from South Canterbury to Invercargill seem likely to benefit from proposed changes to New Zealand's electricity pricing, although there is still a long way to go before any changes are finalised.
Eyes now on Tiwai Point
Eyes now on Tiwai Point
The proposed electricity-transmission charging changes produced clear winners and losers but all eyes would now turn to the actions of New Zealand Aluminium Smelters, the operator of Tiwai Point.
Increase in household, farm debt of concern
Increase in household, farm debt of concern
Increasing the time being, the increase in household debt was sustainable, he said. Continued low interest rates meant the proportion of household incomes spend on debt servicing had remained low.
Right direction taken - Flick
Right direction taken - Flick
Exposing consumers to the true cost of electricity was likely to change their usage behaviour, Flick Electric chief executive Steve O'Connor said.
Economy growing faster than usual
Economy growing faster than usual
The economy appeared to be growing at a better than average pace, judging by the latest two indices published by the BNZ and BusinessNZ, BNZ senior economist Craig Ebert said.
Dairy auction likely to herald milk price
Dairy auction likely to herald milk price
The GlobalDairyTrade auction early tomorrow is likely to be the final announcement for the first estimate of the milk price for the coming season.
MacKenzie scholarship leader’s aim
MacKenzie scholarship leader’s aim
Clan MacKenzie New Zealand lieutenant Alistair MacKenzie is planning to use time in the clan's top office to establish a scholarship to encourage young Mac Kenzies to get involved in their heritage.
Power transmission price draft expected
Power transmission price draft expected
Meridian Energy and New Zealand Aluminium Smelters are picked to be the key winners when the latest transmission pricing thinking is released tomorrow, Forsyth Barr broker Damian Foster says.
IRD proposal could mean tax on employee shares
IRD proposal could mean tax on employee shares
A Dunedin tax expert is warning Inland Revenue is proposing a new rule which may mean the introduction of a capital gains tax on shares granted to employees.
Technology may change but making connection still aim
Technology may change but making connection still aim
Dunedin man Peter Thomas has spent his career in telecommunications, adapting to suit the changing needs of customers and the industry. At 64 years old, he has decided to reinvent himself. Business editor Dene Mackenzie talks to Mr Thomas about his career and his plans.
'First step' to Fairfax exit
'First step' to Fairfax exit
Whatever interest Fairfax Media ends up having in NZME., it is unlikely to be a long-term holding, Morningstar Australia media analyst Brian Han says.
Rural slowdown being felt by suppliers
Rural slowdown being felt by suppliers
Some suppliers to the Otago-Southland rural sector are starting to feel the pinch with the region's manufacturing activity only marginally remaining in positive territory.
Z result fails to meet forecast
Z result fails to meet forecast
Fuel company Z Energy produced a good result for the year ended March but not as good as it could have been, Forsyth Barr broker Damian Foster said yesterday.
Revenue grows; so does loss
Revenue grows; so does loss
Xero shareholders will be heartened by the company's revenue and subscriber growth but there will come a time when they start looking for a profit on the bottom line, Craigs Investment Partners broker Chris Timms says.