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NZ consumer confidence gains in May amid rising house prices, improving jobs market

NZ consumer confidence gains in May amid rising house prices, improving jobs market

By Paul McBeth May 17 (BusinessDesk) - New Zealand consumers continued to get more optimistic this month as rising house prices and an improving labour market underpinned the rosier outlook. The ANZ-Roy Morgan consumer confidence index rose 4.5 points to 123.7, with more respo...

17 May 2013
Quadrant selling down 37.2 percent stake in Summerset; shares halted

Quadrant selling down 37.2 percent stake in Summerset; shares halted

May 17 (BusinessDesk) - Summerset Group shareholder Quadrant Private Equity is selling down its 37.2 percent stake in the retirement village operator, taking advantage of the stock’s 34 percent advance this year. QPE Funds Management, the Quadrant unit that holds the shares, “is...

17 May 2013
CORRECT Heartland among eight local banks put on notice over rising housing risk by S and P

CORRECT Heartland among eight local banks put on notice over rising housing risk by S and P

(Fixes chance of downgrade in second graph) By Paul McBeth May 17 (BusinessDesk) - Standard & Poor’s, the global credit rating agency, has put eight local banks on notice over the rising risk of a housing bubble bursting in New Zealand. Smaller lenders Cooperative Bank, Heart...

17 May 2013
Vodafone NZ’s general counsel Kreider wins bid to keep $541,000 a year job

Vodafone NZ’s general counsel Kreider wins bid to keep $541,000 a year job

17 May 2013
Rebound in power prices drives biggest gain in producer prices in almost two years

Rebound in power prices drives biggest gain in producer prices in almost two years

16 May 2013
NZ dollar slumps on speculation US central bank may end easing bias this year

NZ dollar slumps on speculation US central bank may end easing bias this year

16 May 2013
Heartland among eight local banks put on notice over rising housing risk by S and P

Heartland among eight local banks put on notice over rising housing risk by S and P

16 May 2013
While you were sleeping US data lack lustre

While you were sleeping US data lack lustre

16 May 2013
MARKET CLOSE NZ shares fall as Telecom cuts guidance, Ryman gains of profit

MARKET CLOSE NZ shares fall as Telecom cuts guidance, Ryman gains of profit

16 May 2013
Wellington Airport says airline revenue jump reflects noise charge, lack of international fee

Wellington Airport says airline revenue jump reflects noise charge, lack of international fee

16 May 2013
NZ dollar bounces off lows as NZ budget keeps surplus target, greenback support stumbles

NZ dollar bounces off lows as NZ budget keeps surplus target, greenback support stumbles

16 May 2013
BUDGET 2013 Rating agencies happy with NZ fiscal position after budget

BUDGET 2013 Rating agencies happy with NZ fiscal position after budget

16 May 2013
Telecom’s Gen-i slims down with Davanti sale to management

Telecom’s Gen-i slims down with Davanti sale to management

16 May 2013
BUDGET 2013 loss-making start-ups to get R and D tax deduction boost

BUDGET 2013 loss-making start-ups to get R and D tax deduction boost

16 May 2013
BUDGET 2013 ACC levy cuts to cancel out fiscal drag

BUDGET 2013 ACC levy cuts to cancel out fiscal drag

16 May 2013
BUDGET 2013 Meridian mega-float to fund rail, hospitals, schools, irrigation

BUDGET 2013 Meridian mega-float to fund rail, hospitals, schools, irrigation

16 May 2013
BUDGET 2013 COMMENT Plain sailing, but it's no America's Cup cat

BUDGET 2013 COMMENT Plain sailing, but it's no America's Cup cat

16 May 2013
BUDGET 2013 Debt Management Office trims $3 bln from borrowing programme

BUDGET 2013 Debt Management Office trims $3 bln from borrowing programme

16 May 2013
BUDGET 2013 English signs off on Reserve Bank’s new toolkit

BUDGET 2013 English signs off on Reserve Bank’s new toolkit

16 May 2013
BUDGET 2013 Residential rebuild in Canterbury ‘key driver’ of economic growth

BUDGET 2013 Residential rebuild in Canterbury ‘key driver’ of economic growth

16 May 2013
BUDGET 2013 Higher tax take, spending restraint keep 2015 surplus intact

BUDGET 2013 Higher tax take, spending restraint keep 2015 surplus intact

16 May 2013
NZ manufacturing expands at fastest pace for three years in April

NZ manufacturing expands at fastest pace for three years in April

16 May 2013
MRP senior managers in line for $1.2M in bonus shares

MRP senior managers in line for $1.2M in bonus shares

15 May 2013
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