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NZ building consents rise 0.1% in July, as Canterbury consents slow and Auckland picks up

NZ building consents rise 0.1% in July, as Canterbury consents slow and Auckland picks up

By Tina Morrison Aug. 29 (BusinessDesk) - New Zealand building consents rose at a modest 0.1 percent pace in July, slower than the 3.5 percent pace in June, reflecting a drop in the number of consents issued in Canterbury and a pick up in Auckland. The number of consents in...

29 Aug 2014
Mercer posts annual loss on new staff hires, tough Australian conditions

Mercer posts annual loss on new staff hires, tough Australian conditions

By Suze Metherell Aug. 29 (BusinessDesk) - Mercer Group, the stainless steel manufacturer, reported an annual loss as it hired new staff to fuel future profit growth while trading conditions in Australia remained tough. The Auckland-based company posted a loss of $483,000 i...

28 Aug 2014
Delegat annual profit rises 3% as increases in volumes outweighs higher currency

Delegat annual profit rises 3% as increases in volumes outweighs higher currency

By Tina Morrison Aug. 29 (BusinessDesk) - Delegat Group, New Zealand's largest listed wine company, increased annual profit 3 percent as record volumes muted the impact of a stronger local currency. Profit rose to $42.6 million, or 42.12 cents a share, in the 12 months ende...

28 Aug 2014

Eyes on ECB

Eyes on ECB

27 Aug 2014