News
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.
Mixed success for venture capital and growth funds
Venture capital and growth funds are having mixed success in meeting targets in what has been the best year in more than a decade for fund raisers.
Credit unions and finance companies face tough times
A recent survey of credit unions and other finance companies has found the sector is facing a tough lending environment, with a myriad of competitors and rapid technological changes.
Importers more positive than exporters on outlook for the kiwi
The New Zealand dollar is expected to remain steady over the coming year although policies of US President-elect, Donald Trump, could prove to be a wild card.
NZME, Fairfax hit back at Commerce Commission over merger criticisim
The Commerce Commission strayed beyond its remit in its initial negative reaction to a proposed merger by Fairfax and NZME, the media companies say.
Trans-Tasman banking and legal experts focus on blockchain
Legal and banking experts are working to form a framework to regulate the game-changing blockchain technology, driving Bitcoin and other cryptocurrencies.
Digital disruption and red tape top directors' concerns - survey
Company directors are more optimistic about the economy, but boardrooms are fretting about the threat to their businesses from new technologies, red tape and labour shortages.
Abano looks to dental for growth
Healthcare company Abano is looking to its New Zealand dental business, branded as Lumino, to drive a significant lift in earnings.
Too few rest homes for NZ's aging population - report
Too few rest homes are being built to meet a massive rise in demand, because running them isn't profitable enough, according to a new study.
Pumpkin Patch reports $20m loss
Children's clothing retailer Pumpkin Patch has delivered another disappointing result, hit by store closures and high currency impacts.