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Supreme Court rejects Wellington Airport's runway extension appeal

Supreme Court rejects Wellington Airport's runway extension appeal

By Paul McBeth Dec. 21 (BusinessDesk) - The Supreme Court has batted away Wellington International Airport's appeal to allow a shorter runway safety area than what pilots insist is needed, saying the Civil Aviation Authority went about its decision-making the wrong way in sign...

Paul McBeth 21 Dec 2017
NZ dollar gains in holiday trading as revisions show economy on stronger track

NZ dollar gains in holiday trading as revisions show economy on stronger track

By Rebecca Howard Dec. 21 (BusinessDesk) - The New Zealand dollar gained after revised figures showed the economy on a stronger-than-expected growth track, adding to the prospects of a rate hike sooner than the Reserve Bank has flagged. The kiwi rose to 70.07 US cents as at...

Rebecca Howard 21 Dec 2017
YEAR IN REVIEW: NZ stocks head for best year in five, may struggle to repeat gains in 2018

YEAR IN REVIEW: NZ stocks head for best year in five, may struggle to repeat gains in 2018

By Sophie Boot Dec. 20 (BusinessDesk) - New Zealand's benchmark stock index is headed for a 22 percent gain this year as investors chased growth stories ranging from infant formula to technology and tourism. Headwinds may prevent a repeat in 2018. The S&P/NZX 50 Index hit a...

Sophie Boot 21 Dec 2017
Tourism Holdings expects up to $3M annual recurring benefit from US tax changes

Tourism Holdings expects up to $3M annual recurring benefit from US tax changes

Rebecca Howard 21 Dec 2017
UPDATE: Ownership cloud over China's HNA led OIO to reject $660M UDC purchase

UPDATE: Ownership cloud over China's HNA led OIO to reject $660M UDC purchase

20 Dec 2017
Van Leeuwen owner 'devastated' by cattle disease outbreak, says business could go under

Van Leeuwen owner 'devastated' by cattle disease outbreak, says business could go under

Rebecca Howard 20 Dec 2017
Fonterra's Dira breach appeal rejected by Supreme Court

Fonterra's Dira breach appeal rejected by Supreme Court

Sophie Boot 20 Dec 2017
Commerce Commission takes court action against GEA Milfos alleging cartel pricing

Commerce Commission takes court action against GEA Milfos alleging cartel pricing

Tina Morrison 20 Dec 2017
China Construction Bank becomes 25th lender registered in NZ, joining NZ subsidiary

China Construction Bank becomes 25th lender registered in NZ, joining NZ subsidiary

Jonathan Underhill 20 Dec 2017
NZ economy grows 0.6% in third quarter as construction ticks up

NZ economy grows 0.6% in third quarter as construction ticks up

Rebecca Howard 20 Dec 2017
OIO rejects HNA's $660 million UDC Finance purchase

OIO rejects HNA's $660 million UDC Finance purchase

Paul McBeth 20 Dec 2017
RESEND: TruScreen begins selling TruScreen2 devices to China

RESEND: TruScreen begins selling TruScreen2 devices to China

Rebecca Howard 20 Dec 2017
Genesis generator fault won't hit FY18 guidance despite cutting capacity 43%

Genesis generator fault won't hit FY18 guidance despite cutting capacity 43%

Sophie Boot 20 Dec 2017
Contact to sell Ahuroa Gas Storage to Gas Services NZ for $200M

Contact to sell Ahuroa Gas Storage to Gas Services NZ for $200M

Paul McBeth 20 Dec 2017
Fonterra's NZ November milk collection only slightly higher as dry weather takes toll

Fonterra's NZ November milk collection only slightly higher as dry weather takes toll

Rebecca Howard 20 Dec 2017
NZ dollar edges up as GDP looms, US tax bill passes Senate

NZ dollar edges up as GDP looms, US tax bill passes Senate

Paul McBeth 20 Dec 2017
While you were sleeping: Tax bill passes Congress, FedEx rallies

While you were sleeping: Tax bill passes Congress, FedEx rallies

Margreet Dietz 20 Dec 2017
MARKET CLOSE: NZ shares weaken as A2, property stocks drop, while Synlait gains on fresh milk plans

MARKET CLOSE: NZ shares weaken as A2, property stocks drop, while Synlait gains on fresh milk plans

Sophie Boot 20 Dec 2017
NZ dollar falls on wider November trade deficit, drop in dairy prices

NZ dollar falls on wider November trade deficit, drop in dairy prices

Rebecca Howard 20 Dec 2017
Government names members of tax working group

Government names members of tax working group

Rebecca Howard 20 Dec 2017
Veritas CEO Morton to buy back Mad Butcher for $8M, less than 25% of original price

Veritas CEO Morton to buy back Mad Butcher for $8M, less than 25% of original price

Paul McBeth 20 Dec 2017
Facebook, Google different to news producers, court finds

Facebook, Google different to news producers, court finds

Paul McBeth 20 Dec 2017
Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility

Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility

Jonathan Underhill 20 Dec 2017
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