
Chinese tourists discovering NZ's best-kept accommodation secret: motels
By Pattrick Smellie Feb. 16 (BusinessDesk) - A new breed of more independent Chinese tourists is helping drive an explosion in the number of international visitors staying in New Zealand motels. Traditionally, motels have attracted far less of the international tourist trad...

Government backs fast-track Urban Development Authorities to ease growing pains
By Pattrick Smellie Feb. 14 (BusinessDesk) - Locally controlled urban development authorities (UDAs) with compulsory land acquisition powers and fast-tracked resource consent processes are the latest weapon the government is preparing to fight the slow speed of new city housin...

CORRECT: Higher dividends in prospect as Contact debt ratio falls
By Pattrick Smellie Feb. 13 (BusinessDesk) - (corrects first-half customer segment ebitdaf in 12th paragraph) By Pattrick Smellie Feb. 13 (BusinessDesk) - Contact Energy shareholders can expect an increase in annual dividend policy later in the current financial year as...

Higher dividends in prospect as Contact Energy debt ratios fall
By Pattrick Smellie Feb. 13 (BusinessDesk) - Contact Energy shareholders can expect an increase in annual dividend policy later in the current financial year as the electricity producer and retailer's debt levels fall to within its target ratio against operating earnings. C...