BUDGET 2016: Households, migrants and tourists to keep economy chugging
By Pattrick Smellie May 26 (BusinessDesk) - Population growth, tourism, construction and low interest rates will underpin a robust economic outlook for the next four years, but the Budget forecasts show little change in growth rates from those forecast in the Budget a year ago...
NZX toughens enquiry process for sudden share price movements
By Pattrick Smellie May 26 (BusinessDesk) - New Zealand's stock exchange operator, NZX, is to start making confidential enquiries of listed companies that experience large, unexplained share price movements, to determine whether they may be holding undisclosed "material" infor...
AWF Madison full-year earnings fall 3.7% on one-off restructuring costs
By Pattrick Smellie May 26 (BusinessDesk) - Costs associated with unwinding a joint venture in the Christchurch contract labour market contributed materially to AWF Madison reporting a "disappointing" $5.2 million profit for the year ended March 31, compared with $5.4 million...
Economics of Tiwai Point smelter still going backwards, Woodward's Kidd says
By Pattrick Smellie May 25 (BusinessDesk) - The economics of the Tiwai Point aluminium smelter continue to slide despite last week's announcement that it will be the largest single beneficiary of proposed national grid payment reforms, says Woodward Partners energy analyst Joh...
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