NZ dollar rises from four-month low as Trump agrees to put off axing Nafta

NZ dollar rises from four-month low as Trump agrees to put off axing Nafta

By Paul McBeth April 27 (BusinessDesk) - The New Zealand dollar rose from a four-month low after US President Donald Trump agreed not to terminate the North American Free Trade Agreement just yet, giving investors some relief that the world's biggest economy is adamant in rais...

Paul McBeth 27 Apr 2017
Rising tax take gives government more wiggle room, Joyce says

Rising tax take gives government more wiggle room, Joyce says

By Paul McBeth April 27 (BusinessDesk) - New Zealand's rising tax take, which was up 7.7 percent in the year to Feb. 28, has given the government room to beef up its infrastructure spending programme and target an aggressive debt reduction target, says Finance Minister Steven...

Paul McBeth 27 Apr 2017
Joyce flags infrastructure spend, sets net debt target of 10-15% of GDP by 2025

Joyce flags infrastructure spend, sets net debt target of 10-15% of GDP by 2025

By Paul McBeth April 27 (BusinessDesk) - Finance Minister Steven Joyce kept mum on potential tax cuts in announcing a boost to spending on transport infrastructure over the four years, in part to cover the rebuild of State Highway 1 in the South Island, while also setting a lo...

Paul McBeth 27 Apr 2017
Air NZ increases capacity as passengers rise in March, Auckland Airport movements grow

Air NZ increases capacity as passengers rise in March, Auckland Airport movements grow

By Paul McBeth April 27 (BusinessDesk) - National carrier Air New Zealand beefed up domestic capacity in the face of rising passenger numbers, particularly on Auckland-to-Queenstown routes which showed up in higher domestic passenger movements in Auckland International Airport...

Paul McBeth 26 Apr 2017