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Regional growth fund trickle today becomes avalanche in election year

Regional growth fund trickle today becomes avalanche in election year

By Pattrick Smellie Feb. 23 (BusinessDesk) - The government has made an initial $61.7 million down-payment on its promise to spend $1 billion a year for the next three years on regional economic growth initiatives, with Cabinet papers signalling it will take three years for ma...

Pattrick Smellie 22 Feb 2018
Port of Tauranga's Cairns says export growth in 1H suggests 'economy in not too bad a shape'

Port of Tauranga's Cairns says export growth in 1H suggests 'economy in not too bad a shape'

By Jonathan Underhill Feb. 23 (BusinessDesk) - Port of Tauranga chief executive Mark Cairns says the 9.4 percent growth in export volumes from New Zealand's biggest port suggests the economy "is in not too bad a shape" as log and dairy shipments rise alongside an increase in f...

Jonathan Underhill 22 Feb 2018
NZ quarterly retail sales rise 1.7% in 4th-qtr, adding to upbeat electronic cards data

NZ quarterly retail sales rise 1.7% in 4th-qtr, adding to upbeat electronic cards data

By Jonathan Underhill Feb. 23 (BusinessDesk) - New Zealand retail sales rose in the fourth quarter, as Kiwis spent more on dining and drinking out, cars and parts, and on groceries. Retail sales volumes rose 1.7 percent in the final three months of 2017, on an adjusted basi...

Jonathan Underhill 22 Feb 2018
Kiwibank first-half profit sinks 32% as IT costs mount

Kiwibank first-half profit sinks 32% as IT costs mount

Paul McBeth 22 Feb 2018
SLI Systems shares soar 80% after maiden profit

SLI Systems shares soar 80% after maiden profit

Tina Morrison 22 Feb 2018
Comvita swings to first-half profit, reiterates full-year guidance

Comvita swings to first-half profit, reiterates full-year guidance

Rebecca Howard 22 Feb 2018
NZ Post pays $2.5M interim dividend while warning year-end targets will be 'challenging'

NZ Post pays $2.5M interim dividend while warning year-end targets will be 'challenging'

Paul McBeth 22 Feb 2018
Summerset lifts annual earnings 44%, beating profit forecast

Summerset lifts annual earnings 44%, beating profit forecast

Tina Morrison 22 Feb 2018
Steel & Tube first-half profit drops 64% on inventory writedown, restructuring costs

Steel & Tube first-half profit drops 64% on inventory writedown, restructuring costs

Paul McBeth 22 Feb 2018
Delegat Group lifts 1H operating profit 9% to record $26.9 mln

Delegat Group lifts 1H operating profit 9% to record $26.9 mln

Rebecca Howard 22 Feb 2018
FIRST CUT: Port of Tauranga lifts FY earnings guidance after 1H cargo volumes rise

FIRST CUT: Port of Tauranga lifts FY earnings guidance after 1H cargo volumes rise

Jonathan Underhill 22 Feb 2018
NZ dollar follows Wall Street, commodities higher as investors reassess US rate track

NZ dollar follows Wall Street, commodities higher as investors reassess US rate track

Paul McBeth 22 Feb 2018
While you were sleeping: Wall St, Treasuries advance

While you were sleeping: Wall St, Treasuries advance

Margreet Dietz 22 Feb 2018
MARKET CLOSE: NZ shares gain as investors take a2 above $9 bln, Air NZ climbs

MARKET CLOSE: NZ shares gain as investors take a2 above $9 bln, Air NZ climbs

Paul McBeth 22 Feb 2018
NZ dollar loses ground against US dollar as market decides Fed officials were more upbeat

NZ dollar loses ground against US dollar as market decides Fed officials were more upbeat

Rebecca Howard 22 Feb 2018
Tegel warns Gita disruptions could hit profit by as much as $2 million

Tegel warns Gita disruptions could hit profit by as much as $2 million

Rebecca Howard 22 Feb 2018
Steel & Tube interim CEO Mark Malpass takes top job permamently

Steel & Tube interim CEO Mark Malpass takes top job permamently

Paul McBeth 22 Feb 2018
Airlines, travel agents, rental cars ride booming NZ tourism

Airlines, travel agents, rental cars ride booming NZ tourism

Rebecca Howard 22 Feb 2018
A2 Milk now a $10B company, eclipsing Fonterra as investors bet on bullish outlook

A2 Milk now a $10B company, eclipsing Fonterra as investors bet on bullish outlook

Rebecca Howard 22 Feb 2018
TeamTalk, unshackled from Farmside, lifts first-half profit 59%

TeamTalk, unshackled from Farmside, lifts first-half profit 59%

Paul McBeth 21 Feb 2018
Allied Farmers first-half profit drops 71%; slower livestock sales expected to persist

Allied Farmers first-half profit drops 71%; slower livestock sales expected to persist

Paul McBeth 21 Feb 2018
Tourism Holdings doubles first-half profit as El Monte outperforms

Tourism Holdings doubles first-half profit as El Monte outperforms

Tina Morrison 21 Feb 2018
UPDATE: Air NZ posts 7.4% decline in 1H pretax profit as fuel prices bite

UPDATE: Air NZ posts 7.4% decline in 1H pretax profit as fuel prices bite

Rebecca Howard 21 Feb 2018
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