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NZ manufacturing keeps growing in December quarter, rundown in stocks bodes well for 2013
By Paul McBeth March 8 (BusinessDesk) - New Zealand manufacturing volumes continued to grow in the final three months of 2012, and a rundown in stocks outside food and beverage bodes well for the sector this year as construction gets underway in Canterbury and Auckland. Total...
NZ property values extend gains in February, again led by Auckland, Canterbury
March 8 (BusinessDesk) - New Zealand property values continued to rise in February, with most of the increase still coming from Auckland and Canterbury. National property values rose 3.2 percent in the three months ended Feb. 28 to $428,692 and have gained 6.3 percent over the p...
High kiwi, drought add to conflicting pressures on RBNZ ahead of review
By Jonathan Underhill March 8 (BusinessDesk) – Reserve Bank governor Graeme Wheeler has an increasing number of moving parts to juggle in his assessment of monetary policy, with the kiwi dollar higher than forecast, a resurgent housing market and the impact of drought on econom...
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