News
Infant formula pushes up Synlait profit
Canterbury-based dairy company Synlait Milk has made a strong full year result, helped by big increases in profit margins and sales growth.
Michael Hill makes strong full-year profit
Michael Hill International's strong full-year profit was underpinned by growth in its three key markets - Australia, New Zealand and Canada.
Revenue growth fails to keep pace with tech companies' expansion costs
A more cautious investment environment is prompting listed technology companies to cut costs to meet growth targets.
Auckland house price rises slow, strong growth in regions
Auckland's house price growth slowed in May in contrast to "buoyant" activity in a number of regions, the Real Estate Institute says.
New tax framework could be costly for TransTasman business
A crackdown on tax avoidance by multinational corporations is set to get serious with a new global tax treaty which has just come into force.
New charges for Auckland Airport's $1.8bn expansion
Auckland Airport's $1.8 billion expansion over the next five years is to be paid for with extra passenger and other charges.
Vocational training provider in voluntary administration
Troubled vocational training company Intueri has been placed in voluntary administration after failing to trade its way out of debt.
House price growth pulls back
The annual rate of growth in house prices has dropped to below 10 percent, the slowest rate in two years.
Goodman Property Trust profit drops from record high
Strong demand for industrial property has helped Goodman Property Trust make a strong full year profit, although it has fallen from last year's record result.
Abano on track to meet profit forecast
Abano Healthcare Group says it is on track to meet its full year profit forecast with a stronger pipeline for growth.
BNZ first-half net profit falls 8 percent
The Bank of New Zealand's first half profit has fallen as it felt pressure on its margins and a fall in the valuer of some investments.
T&G sets eyes on the US market through joint venture
Fresh produce exporter T&G Global is hoping a joint venture with another international supplier will strengthen its business in the United States.
Increasing competition for quality assets - report
A lot of cash is expected to be chasing a few investment opportunities this year, according to a new report.
House prices cool, but it won't last long, QV says
Tighter bank lending restrictions are cooling the Auckland housing market but the impact is expected to be short-lived.
Banks to find it tougher to increase profits - survey
Banks are going to find it tougher to increase their profits as their margins are squeezed and interest rates rise, according to a new survey.
Hard times forecast for NZ equity markets
The New Zealand equity markets are heading for another tough year, with more companies leaving the stock exchange than are listing, and little interest in the smaller company markets.
Intueri Education to exit Australian business by the end of the year
The troubled vocational training company, Intueri Education, plans to exit its Australian business by the end of the year.
IRD makes GST filing changes
The tax department is introducing changes to help New Zealanders better file and manage their GST online.
DB Breweries buys out Tuatara
Tuatara Brewing Company, a stalwart of the Wellington craft beer scene, has been sold to DB Breweries for an undisclosed sum.
Veritas talks to 'preferred bidder' for Nosh stores
Food and hospitality investor Veritas looks to have found a buyer for some or all of its Nosh supermarkets.
Employment confidence at eight-year high
Strong economic growth has supported confidence in the labour market, an economist says.
Manufacturers upbeat despite weak end to year
Activity in the manufacturing sector continues to expand, with the average pace of activity in 2016 ahead of the year before.
Wellington house prices up 20 percent
A short supply of houses for sale has driven up prices in the capital to a record $530k - up 20 percent on the previous year.
More Kiwis logging on to find love
An international online dating service dedicated to helping mature professionals has grown 20 percent in New Zealand in the past year.
Investors advised to moderate expectations for growth
Investors are being told to prepare for lower rates of return on their investments over the coming year.