2015 IN REVIEW: Year of extremes pits dairy farmers against Auckland home owners

Paul McBeth
Wed, 23 Dec 2015

By Paul McBeth Dec. 24 (BusinessDesk) - For New Zealand's rock-star economy, 2015 delivered a unique set of challenges - prices of the biggest export, dairy products, fell to a six-year low, house prices in the largest city of Auckland rose to an all-time high, migrants arrived in record numbers and inflation was so weak the government could barely take in enough tax to generate a surplus. Dairy prices tumbled as rising supply in New Zealand, Australia, Europe and the US combined with lacklustre Chinese demand and an import ban imposed by...
Markets
MARKET CLOSE: NZ shares rise as optimism over covid drug buoys Asia
Dan Brunskill | Mon, 13 Jul 2020

New Zealand shares joined a rally across Asia, as upbeat investor sentiment spilled over from Wall Street's close on Friday on optimism over a late-stage trial for a hopeful covid-19 treatment.  Th...

Law & Regulation
SFO probes Labour Party on donations
Victoria Young | Mon, 13 Jul 2020

The Serious Fraud Office has confirmed a fifth investigation into electoral funding, stating today it is looking into donations to the Labour Party.The agency said the probe relates to donations made...

Markets
NZ dollar little changed as global shares defy worsening covid news
Jenny Ruth | Mon, 13 Jul 2020

The New Zealand dollar was little changed as traders awaited further trend-setting information and as rising share markets were offset by Florida reporting a US record for new covid infections. The...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.