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- NZ Employers to Hire More Staff: Survey
- Employers are intending to hire more staff, with a greater variety of skills in demand than earlier in the year, a new survey shows.Jason Walker, managing director of Hays in New Zealand, said employers were turning their focus to preparing for an expected upturn in business activity."Caution remains, but...
- News items 2009-10-12
- NZ Banks Tap Aussie Parents For Funding
- The four Australian-owned banks in New Zealand are sourcing as much as 10 per cent of their wholesale funding directly through their parents in related party funding.With deposits only providing 40 per cent of funding, the banks find 40 per cent of their funding from wholesale sources, according to...
- News items 2009-11-03
- NZ Property Spring Surge Falters
- The traditional spring New Zealand property sales surge has failed to materialise, the realestate.co.nz chief executive Alistair Helm says.A monthly survey of market activity, the New Zealand Property Report, shows listings are up only 7 percent to 13,550 compared to a 21 per cent rise at the same time...
- News items 2009-11-01
- NZ SkyCity Says Q1 Revenue Up 4.7%
- Casino operator SkyCity Entertainment Group reported a 4.7 per cent rise in first quarter underlying revenue, boosted by a 7 per cent rise in Australia.Chief executive Nigel Morrison said the marginal rise at Auckland, for the three months to September compared to a year earlier, was a result of...
- News items 2009-10-30
- NZ House Building Rates Rise 2.8%
- New building consent figures in New Zealand point to signs of recovery in house building, but show the non-residential sector sinking further into a slump.Statistics New Zealand SNZ figures published on Friday show consents were issued for 1275 new dwellings, excluding apartments, in September.That is the highest number since...
- News items 2009-10-30
- TelstraClear Spends $20m on Exchanges
- TelstraClear is spending around $NZ25 million ($A20.33 million) putting its own equipment into telephone exchanges.The investment is the single largest network expansion in nearly 10 years by the New Zealand arm of Australian telco Telstra.As of this week 220,000 customers connected to 23 exchanges in Auckland and 19 exchanges...
- News items 2009-10-29
- South Africa-NZ Flight Links Get a Boost
- Air New Zealand and other carriers can now pick up passengers in Australia en route to South Africa which will boost flight numbers between the countries.New Zealand's Associate Transport Minister Nathan Guy said until now no arrangement had been negotiated to allow the pick-ups.The ban had also applied to...
- News items 2009-10-27
- NZ Dollar Closes Steady
- The New Zealand dollar was steady on Friday due to little direction from global markets.The dollar traded at a high of US75.98c and low of US75.56c, closing at US75.61c at 5pm from US75.25c at the same time Thursday.BNZ Capital currency strategist Danica Hampton said lack of fresh information and...
- News items 2009-10-23
- NZ Dollar Eases in Afternoon Trading
- The New Zealand dollar breached another big figure very early on Thursday but was weak in afternoon trading after Chinese economic data failed to surprise.The NZ dollar was US75.25c at 5pm, having risen to US76.35c, another 15-month high, around 7am Thursday. It was US74.97c at 5pm Wednesday.The NZ dollar...
- News items 2009-10-22
- Cue Energy Returns to NZ Share Market
- Australian-based Cue Energy Resources is returning to the New Zealand share market as the prospects for the offshore Taranaki Maari oil development, in which Cue has a 5 per cent stake, brighten further.Cue, 27 per cent-owned by New Zealand energy producer Todd Energy and listed on the ASX, is...
- News items 2009-10-20
- NZ Services Sector Grows: Report
- A measure of activity in the services sector showed further expansion in September, and indicators suggest more growth is on the way.The latest BNZ Capital - Business NZ performance of service index PSI, published on Monday, lifted 1.9 points from August to 53.2 points last month.A PSI reading above...
- News items 2009-10-19
- Air NZ Reports 1.2% Fall in Passengers
- Air New Zealand carried 1.18 million passengers last month, down 1.2 per cent on September 2008, the airline's latest update shows.The September performance takes the number of passengers for the financial year-to-date to 3.22 million, an adjusted fall of 4.3 per cent from a year earlier.Demand, as measured in...
- News items 2009-10-16
- NZ Bank Raises Fixed Mortgage Rates
- ASB Bank has raised its fixed mortgage rates on Friday.The move comes at a time when interest rates in the wholesale money market are rising.There is speculation that the Reserve Bank of New Zealand will raise its official cash rate sooner than the latter part of 2010 it has...
- News items 2009-10-16
- Horizon Directors Unhappy With Offer
- Horizon Energy directors are recommending shareholders reject Marlborough Lines' partial takeover offer for 51 per cent of the company.Horizon chairman Rob Tait on Tuesday said the $3.96 a share offer from Marlborough Lines was at the bottom of a valuation range determined by an independent adviser.A month ago, Marlborough...
- News items 2009-10-13
- NZ Retail Sales 'better Than Expected'
- Retail sales lifted a stronger than expected 1.1 per cent, seasonally adjusted, in August, with strongest growth in clothing and softgoods, and in fuel sales.Publishing the data on Tuesday, Statistics New Zealand SNZ said two-thirds of industries recorded rises in the seasonally adjusted $NZ60 million ($A48.59 million) increase from...
- News items 2009-10-13
- NZ Dollar Ends Lower
- The New Zealand dollar continued to weaken on Monday, including against the Australian currency.By 5pm the NZ dollar was down to US72.65c from US73.42c at 8am and US73.94c at 5pm on Friday.Comments by United States Federal Reserve chairman Ben Bernanke boosted the US dollar last week to the detriment...
- News items 2009-10-12
- There is No NZ Housing Shortage: NZIER
- There is no housing shortage in New Zealand, even though house prices have been rising, the New Zealand Institute of Economic Research says.But there is potential for a shortage in coming years if home building does not lift beyond current forecasts.Principal economist Shamubeel Eaqub said a recent rise in...
- News items 2009-10-12
- Air NZ to Buy 14 Airbus A320s
- Air New Zealand is to buy 14 new Airbus A320 aircraft, to replace its current domestic jet fleet of 15 Boeing 737-300 aircraft.At list prices, the cost of the 14 aircraft would be more than $US1 billion ($A1.1 billion), but Air New Zealand said it had secured the aircraft...
- News items 2009-11-03
Additional Resources
- Ten: RAIN INTERRUPTS HEINEKEN OPEN FINAL
- 00-00-0000 Ten: RAIN INTERRUPTS HEINEKEN OPEN FINAL AUCKLAND, Jan 12 NZPA - British sixth seed Greg Rusedski was leading Jerome Golmard of France 6-5 in the first set when rain interrupted the final of the Heineken Open men's tennis tournament...
- Research articles 2002-01-12
- Ten: Rusedski wins Auckland tournament
- 00-00-0000 Ten: Rusedski wins Auckland tournament Auckland, Jan 12 NZPA - Result of the final of the Heineken Open men's tennis tournament in Auckland: 6-Greg RusedskiGbr bt Jerome Golmard Fra 6-7 (0-7) 6-4 7-5. ...
- Research articles 2002-01-12
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