Economic impact of TPP studied
Economic impact of TPP studied
It is striking how little the Trans-Pacific Partnership will deliver to New Zealand, a study released Friday says.
Dene Mackenzie
Australia — the market investors love to hate
Australia — the market investors love to hate
Australia is the market global investors love to hate, Harbour Asset Management managing director Andrew Bascand says.
Pro-business council high on wish list
Pro-business council high on wish list
The Otago economic year ahead is likely to have some mixed results as sectors are affected in various ways. Challenge remain for the agricultural sector while tourism is likely to continue booming. Business editor Dene Mackenzie looks at what are likely to be the key issues this year.
Growth prompts rising demand for workers
Growth prompts rising demand for workers
Job advertisements, both in newspapers and online, have confirmed data already released this week showing demand for workers is strong and employment confidence is high.
Signs of buyer interest in wake of shares rout
Signs of buyer interest in wake of shares rout
Bargain hunters are likely to return to Wall Street this morning to snap up some bargains after a rout on global sharemarkets this week.
Low NZ inflation of concern; further cut to OCR forecast
Low NZ inflation of concern; further cut to OCR forecast
Inflation in New Zealand is far too low and the Reserve Bank will need to cut the official rate to 2% this year to try to generate some economic activity, Craigs Investment Partners broker Peter McIntyre says.
SkyCity delivers on first-half promises
SkyCity delivers on first-half promises
The strong financial performance forecast in the first half of the financial year had eventuated, SkyCity Entertainment said yesterday.
Early indicators point to strong year
Early indicators point to strong year
Nearly every indicator out so far this year is pointing to a strong economic performance ahead, and the Quarterly Survey of Business Opinion (QSBO), released yesterday is no exception.
Caution over rise in job optimism
Caution over rise in job optimism
The South Island remains resolutely optimistic about employment prospects, despite a drop in the confidence of Canterbury.
Demand for skills at 6-year high
Demand for skills at 6-year high
Demand for employment talent has reached a six-year high as the job market continues to surge, the latest Hudson Report says.
Inflation likely to stay below Reserve target
Inflation likely to stay below Reserve target
Falling petrol prices will have kept inflation well below the Reserve Bank's target in year ended December, according to predictions released by economists.
To compete but keep credit union values is the aim
To compete but keep credit union values is the aim
This week is one of the busiest for Credit Union South as members return from holidays and start thinking about consolidating their debt or taking out loans for buying larger items like vehicles and houses.
TPP vote, then wait to ratify it
TPP vote, then wait to ratify it
The Trans-Pacific Partnership agreement may possibly be signed in New Zealand on February 4 and protests through petitions and direct opposition are likely to grow in the next three weeks. The Government has yet to confirm a signing date. Business editor Dene Mackenzie reviews the economic aspects of the TPP.
Durables lead drop in retail
Durables lead drop in retail
Christmas shopping may not have been as strong as earlier indicated, judging by electronic card transaction data released yesterday.
Banker's warning seen as overreaction
Banker's warning seen as overreaction
The Royal Bank of Scotland is warning clients to brace for a ‘‘cataclysmic year'' and a global deflationary crisis, but brokers say the call to sell everything except high-quality bonds is an overreaction to market turmoil.
Still doubts about Warehouse
Still doubts about Warehouse
Red Shed retailer The Warehouse Group's trading update was well received by the market but the group needed to show a trend that was not two steps back and one forward, Craigs Investment Partners broker Chris Timms said.
Falling wages hurt Otago home-buyers
Falling wages hurt Otago home-buyers
Aucklanders may be able to afford homes in Otago but they will have to be prepared to take a wage cut, the latest Home Affordability Report shows.
Producers have a year to forget
Producers have a year to forget
The ANZ commodity price index fell 1.8% in December, bringing to a close a year to forget for most New Zealand commodity producers.
Nationally, building consents at 10-year high
Nationally, building consents at 10-year high
Building consents reached a 10-year high in November with Auckland, Canterbury and Wellington dominating the figures released yesterday by Statistics New Zealand.
Debt levels next concern for commodity sector
Debt levels next concern for commodity sector
The level of debt held by mid-tier mining companies and whether they could service it was the next concern facing an already struggling commodity sector, Craigs Investment Partners broker Peter McIntyre said yesterday.