Finance

Cricket star Ross Taylor passed up early investment in Xero. By Dan Brunskill

See details.
Economy

Broad-based manufacturing pick-up offers silver lining

Paul McBeth
Fri, 15 Nov 2019

Manufacturing activity snapped three months of contraction in October, with a broad-based pick-up in demand strong enough to see firms burn through some of their inventories. The Bank of New Zealand-BusinessNZ performance of manufacturing index rose 3.8 points to 52.6 in October, and was a little below the 53 reading a year earlier. That gain brought the index back above the 50 level that separates expansion from contraction after three months of dwindling activity. The index showed a 5.3 point jump in new orders to 56.2, the highest...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Listed Companies
What worries directors most? Spoiler alert: it's not climate change
Pattrick Smellie | Fri, 04 Dec 2020

Covid-19 has knocked other worries down the agenda for NZ company directors, but skills, talent and strategy still trump most other concerns.

Markets MARKET OPEN
Vaccine optimism and Fonterra in focus
Rebecca Howard | Fri, 04 Dec 2020

Vaccine progress, Fonterra outlook to drive investors today.

Primary Sector
Reverse Fonterra favouritism, says Productivity Commission
Dan Brunskill | Fri, 04 Dec 2020

Fonterra's dominance may stop value-add innovation that is urgently needed with dairy production pushing against its environmental limits.

Sponsored
Giltrap joins with Sixt to launch luxury car subscriptions in NZ

The Giltrap Group gets behind the launch of SIXT to offer Kiwis a new more flexible route to car ownership

Sponsored
Looking to future-proof your business management skills?

Job candidates who have the knowledge and skills to manage strategy, data and communications in an agile fashion will undoubtedly have a competitive advantage.