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Receivers to close Dick Smith stores after failing to find a buyer

Receivers to close Dick Smith stores after failing to find a buyer

By Edwin Mitson Feb. 25 (BusinessDesk) - All of the Dick Smith stores in Australia and New Zealand are to close within the next eight weeks after the receivers said they had received no acceptable offers for the business. The electronics store went into receivership on Jan...

Edwin Mitson 25 Feb 2016
RESEND: Bunnings plans to open five more stores in NZ, to tap building, renovation demand

RESEND: Bunnings plans to open five more stores in NZ, to tap building, renovation demand

(Fixes CEO's name in 4th, 5th, 7th and 11th graphs, adds turnover in 4th graph) By Fiona Rotherham Feb. 25 (BusinessDesk) - Bunnings, the home-improvement retailer, is opening a further five stores in New Zealand as it benefits from an uplift in housing construction and ren...

Jonathan Underhill 25 Feb 2016
NZ dollar gains vs. Australian dollar on gloomy capex outlook across the Tasman

NZ dollar gains vs. Australian dollar on gloomy capex outlook across the Tasman

By Paul McBeth Feb. 25 (BusinessDesk) - The New Zealand dollar gained against its trans-Tasman counterpart after figures painted a gloomy outlook for capital spending in Australia, adding to signs of sluggish growth in its economy.  The kiwi rose to 92.68 Australian cents a...

Paul McBeth 25 Feb 2016
Bill English remains confident Auckland plan will deliver housing growth

Bill English remains confident Auckland plan will deliver housing growth

Fiona Rotherham 25 Feb 2016
Wynyard announces binding commitments for full $30M rights offer

Wynyard announces binding commitments for full $30M rights offer

Sophie Boot 25 Feb 2016
Transpower trims interim dividend as reduced regulated revenue eats into earnings

Transpower trims interim dividend as reduced regulated revenue eats into earnings

Paul McBeth 25 Feb 2016
Turners full-year earnings likely to exceed $20M, to consolidate shares, issue new bonds

Turners full-year earnings likely to exceed $20M, to consolidate shares, issue new bonds

Jonathan Underhill 25 Feb 2016
NZ migration at new record in January bolstered by Asian, Australian arrivals

NZ migration at new record in January bolstered by Asian, Australian arrivals

Sophie Boot 24 Feb 2016
UPDATE: Air NZ delivers record 1H profit on rise in passenger demand and lower fuel costs

UPDATE: Air NZ delivers record 1H profit on rise in passenger demand and lower fuel costs

Fiona Rotherham 24 Feb 2016
Vital first-half profit boosted by property gain, buys aged-care properties for A$41M

Vital first-half profit boosted by property gain, buys aged-care properties for A$41M

Jonathan Underhill 24 Feb 2016
Scales doubles profit as more premium apples sold to Middle East, Asia

Scales doubles profit as more premium apples sold to Middle East, Asia

Tina Morrison 24 Feb 2016
APN shelves NZME float on weak ad market, puts Australian regional papers on block

APN shelves NZME float on weak ad market, puts Australian regional papers on block

Paul McBeth 24 Feb 2016
Methven lifts 1H profit 27% as Australasia offsets decline in China

Methven lifts 1H profit 27% as Australasia offsets decline in China

Sophie Boot 24 Feb 2016
Snakk puts greater emphasis on South East Asia as 3Q revenue grows 8%

Snakk puts greater emphasis on South East Asia as 3Q revenue grows 8%

Paul McBeth 24 Feb 2016
FIRST CUT: Air NZ first-half pretax profit soars 132% on lower fuel prices, tourism

FIRST CUT: Air NZ first-half pretax profit soars 132% on lower fuel prices, tourism

Fiona Rotherham 24 Feb 2016
NZ dollar hits fresh 9-month high vs. British pound on Brexit concerns

NZ dollar hits fresh 9-month high vs. British pound on Brexit concerns

Tina Morrison 24 Feb 2016
While you were sleeping: Equities seeking direction

While you were sleeping: Equities seeking direction

Margreet Dietz 24 Feb 2016
High Court rules no representative action against Southern Response

High Court rules no representative action against Southern Response

Edwin Mitson 24 Feb 2016
MARKET CLOSE: Metlifecare, Ebos, Meridian lead NZ shares higher, Wynyard suffers

MARKET CLOSE: Metlifecare, Ebos, Meridian lead NZ shares higher, Wynyard suffers

Sophie Boot 24 Feb 2016
NZ dollar extends slide, 10-year swap rate hits record low, on weak oil, falling equities

NZ dollar extends slide, 10-year swap rate hits record low, on weak oil, falling equities

Jonathan Underhill 24 Feb 2016
Meridian offers $150M in bonds as key Tiwai Point decision looms

Meridian offers $150M in bonds as key Tiwai Point decision looms

Pattrick Smellie 24 Feb 2016
Falling methanol and oil prices create challenges for Genesis Energy

Falling methanol and oil prices create challenges for Genesis Energy

Pattrick Smellie 24 Feb 2016
Summerset CEO Cook says aged care funding needs 'pretty serious look'

Summerset CEO Cook says aged care funding needs 'pretty serious look'

Paul McBeth 24 Feb 2016
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