NZ guest nights hits record in January as visitors flock to hotels and holiday parks
By Rebecca Howard March 12 (BusinessDesk) - New Zealand guest nights hit a record in January, rising 1.4 percent on the year with hotels and holiday parks in high demand. Total guest nights increased to 4.97 million in January from 4.9 million a year earlier, Statistics Ne...
Arvida on track to build 94 new units in second half, says Fletcher relationship 'strong'
By Rebecca Howard March 12 (BusinessDesk) - Arvida Group says it's on track to complete 94 new units in the second half and has "strong relationships" with its development partners, including the beleaguered Fletcher Construction. Of the 94 units, 85 units have already been...
NZ dollar heads for 0.4% weekly gain as North Korean news cheers markets
By Rebecca Howard March 9 (BusinessDesk) - The New Zealand dollar is headed for a 0.4 percent weekly gain against the greenback after getting a lift from North Korean leader Kim Jong Un's offer to stop nuclear missile testing and US President Donald Trump agreed to meet Kim po...
NZ economy may have expanded 0.8% in 4Q on primary sector rebound
By Rebecca Howard March 9 (BusinessDesk) - New Zealand's economic growth probably accelerated in the fourth quarter as primary industries recovered from a lull, services sector activity expansion continued, and the housing market showed renewed signs of life. Gross domesti...
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