2015 IN REVIEW: More modest NZ stock market returns signal end of golden run

Sophie Boot
Wed, 23 Dec 2015

By Sophie Boot Dec. 23 (BusinessDesk) - New Zealand's benchmark stock index is heading for its smallest annual gain in four years, in a year led by low interest rates rather than strong company news. The benchmark NZX 50 Index rose 11.1 percent so far this year, slowing from last year's 18 percent gain. In 2013, the market grew 16 percent; in 2012, 25 percent. "Overall share prices have been driven by the low interest rate environment more than earnings growth from companies," said Grant Williamson, director at Hamilton Hindin Greene. ...
Tenancy law could turn good neighbourhoods into slums: landlords
Brent Melville | Thu, 06 Aug 2020

The new Residential Tenancies Amendment Bill 2020, which passed under urgency yesterday, got the balance right, placed reasonable requirements on both landlords and tenants and would endure through Ne...

MARKET OPEN: Kiwi holds its own as greenback falters, US equities push higher
Rebecca Howard | Thu, 06 Aug 2020

The kiwi dollar continues to hold its own as the greenback is weighed down by poor US data while the domestic share market may take cheer from a lift on Wall Street after positive earnings reports. ...

Listed Companies
Billion dollar hotel developments on backburner until better times
Brent Melville | Thu, 06 Aug 2020

Plans for at least 25 major hotel developments, valued at $2 billion, are gathering dust pending decisions on when, or if, construction will commence in the wake of border closures. The two dozen o...

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Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.