Business

Annual migration below 65,000

Annual net migration fell to below 65,000 in June, largely led by non-New Zealand citizens leaving the country.

Confidence among small businesses at nine-year low

Small firms remained concerned about finding skilled staff. Photo: Getty Images

Confidence among small businesses at nine-year low

Business confidence among small firms fell to a nine-year low in the three months ended June, according to the ANZ Quarterly Business Micro Scope survey.

Trade wars catalysts for world war, the past teaches

US President Donald Trump signs a memorandum on intellectual property tariffs on high-tech goods...

Trade wars catalysts for world war, the past teaches

History shows us trade wars often cause world wars and historians are urging global leaders to show restraint as tensions on global trade escalate.

Talking trade as tensions rise

Global trade tensions escalate as governments try to counter US President Donald Trump’s trade...

Talking trade as tensions rise

As United States President Donald Trump was meeting Russian President Vladimir Putin, and creating global headlines for all the wrong reasons, Japan and the European Union quietly signed EU’s...

Watchdog all right with airport profits - with reservation

The Commerce Commission is broadly satisfied with Christchurch International Airport profits....

Watchdog all right with airport profits - with reservation

The Commerce Commission says Christchurch International Airport may be planning to make excessive profits from security, freight storage and some terminal lounges, though it is "broadly satisfied" with its planned earnings from assets.

Rental squeeze hitting smaller southern centres

Queenstown volumes and values down; view of Queenstown Hill, foreground, Queenstown Bay and the...

Rental squeeze hitting smaller southern centres

Buoyant housing prices in regional areas have begun to flow into higher rents, as Clutha and Gore record their fastest rental growth in a decade.

Oceana involved in Blackwater exploration

Oceana Gold test drilling around the Blackwater mine site area in 2012, in the foothills of the...

Oceana involved in Blackwater exploration

The historic Blackwater gold mine, on the West Coast near Reefton, is the focus of what could become a $500million redevelopment, with more than 100 jobs over a 10-year mine life.

Higher oil prices, refinery outage tell on Z Energy

The high cost of oil per barrel has hurt Z Energy. Photo: Reuters

Higher oil prices, refinery outage tell on Z Energy

Z Energy has downgraded its profit expectations for the full 2019 financial year although the dividend guidance of between 50c and 55c per share remains intact.

Trustpower forecasts dividend for shareholders

Trustpower forecasts dividend for shareholders

Trustpower is the best value of the electricity stocks and provides one of the best dividend yields, particularly with increased capital returns likely, Forsyth Barr broker Lyn Howe says.

Kiwi companies eyeing four-day working week

Andrew Barnes, founder of Perpetual Guardian, hopes to increase staff engagement and productivity...

Kiwi companies eyeing four-day working week

The success of Perpetual Guardian's trial of a four-day working week poses the question of whether this has the potential for broader application across the Kiwi workforce.

Dunedin house prices lead way

Dunedin city house prices rose 9.8% in June, while the national median was up 5.7%, against June...

Dunedin house prices lead way

House prices rose 9.8% in Dunedin in June, significantly more than the national 5.7% gain.

Auckland finally experiences everyone else's petrol pain

Rising prices are causing Aucklanders hardship, something South Island motorists have already...

Auckland finally experiences everyone else's petrol pain

Petrol prices rose 3.2% in the June 2018 quarter, but this was countered by lower prices for used cars and home entertainment, Statistics New Zealand said yesterday.

Inflation right on RB forecast; fuel drives modest increase

Inflation right on RB forecast; fuel drives modest increase

Any increase in the official cash rate from the current 1.75% looks a long way off, after inflation rose 0.4% in June to reach 1.5% for the year.

Regional 'catch-up' tests capacity

Regional 'catch-up' tests capacity

New Zealand's regions are playing catch-up with Auckland and capacity constraints are already evident in parts, Kiwibank chief economist Jarrod Kerr says.

Trio of properties presents plum opportunity

The 2125 square metre parcel – comprising 90, 92, and 94 Thompson Street. Photo: Mountain Scene

Trio of properties presents plum opportunity

Three neighbouring Queenstown homes on the market present a plum development opportunity.

Employment shortages drag down Otago Southland service performance

Benefits from a good start to the ski season;Treble Cone (pictured) opened five days early this...

Employment shortages drag down Otago Southland service performance

Employment and skill shortages are at the forefront of Otago Southland's service sector performance index, which softened into contraction in June.

US reporting likely to be main driver in busy week

US reporting likely to be main driver in busy week

The United States June-quarter reporting season starts this week and is likely to drive markets more than anything else in coming days, Craigs Investment Partners broker Chris Timms says.

KiwiSavers missing out under default fund model

Australian-owned banks are the winners as more than 200,000 KiwiSavers who have invested in default funds miss out on an estimated $1 billion over the past six years.

Butterfield censured by accountants

Prominent South Canterbury businessman Joe Butterfield has been censured by the New Zealand Institute of Chartered Accountants and made to pay almost $28,000 in penalties and costs.

National forest policy needed, sector body says

Contractors at work on a Dunedin City Council-owned City Forests plantation near Dunedin. PHOTO:...

National forest policy needed, sector body says

The New Zealand Institute of Forestry proposed introducing a national policy for the industry at the sector's annual conference in an effort to help the Government "develop sound long-term...

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Updated 6.19 pm