NZ shares rise as infrastructure spend buoys investors
New Zealand shares rose as the government’s efforts to stoke the economy with infrastructure spending continued to overshadow uncertainties around Brexit and the lingering China-US trade talks. The S&P/NZX 50 Index increased 16.02 points, or 0.1 percent, to 11,307.98, Within t...
Govt urged to bridge tourism infrastructure shortfall
Local councils need to make better use of central government tools to make sure tourism infrastructure is up to scratch, according to the Productivity Commission.Record levels of international tourism have stretched facilities up and down the country, however, those visitors more...
MARKET CLOSE: NZ shares nudge higher; ports gain ahead of Northport study
New Zealand shares edged higher after a late rally, with most port stocks stronger ahead of tomorrow’s release of the upper North Island supply chain study recommending Northport take over as the principal import port for Auckland. The S&P/NZX 50 Index increased 7.74 points,...
Govt books still in check as growth seen slowing
Slightly slower economic growth and increased capital spending barely shifted the dial in the half-year outlook for the government’s accounts. Treasury officials trimmed their forecast for annual economic growth to 2.2 percent f...
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