Archive for the 'Article' Category

2017 uncertain for house prices, with mixed expert views

Article – BusinessDesk

UPDATE: 2017 uncertain for house prices, with mixed expert views

UPDATE: 7th par, clarifies that price growth of 12.2% is the Auckland market, rather than the national picture. Read more »

Key deadline for Veritas on future of Nosh supermarkets

Article – BusinessDesk

Friday 13 January 2017 10:48 AM

Key deadline for Veritas on future of Nosh supermarkets looms

By Rebecca Howard Read more »

NZ economy to grow 3.5% in 2017

Article – BusinessDesk

Friday 13 January 2017 11:26 AM

NZ economy to grow 3.5% in 2017, construction and tourism to grow though Trump, Brexit shadows loom Read more »

Fairfax NZ posts first annual loss in four years in 2016

Article – BusinessDesk

Thursday 12 January 2017 09:18 AM

Fairfax NZ posts first annual loss in four years in 2016, resumes dividend payments

By Paul McBeth Read more »

ANZ sells UDC Finance to China’s HNA Group for $660 million

Article – BusinessDesk

Wednesday 11 January 2017 10:01 AM

ANZ sells UDC Finance to China’s HNA Group for $660 million

By Paul McBeth

Jan. 11 (BusinessDesk) – ANZ Bank New Zealand has sold UDC Finance to HNA Group for $660 million, marking the Chinese company’s first foray into New Zealand. Read more »

Augusta drops legal action against NPT

Article – BusinessDesk for Yahoo

Wednesday 11 January 2017 09:28 AM

Augusta drops legal action against NPT, shareholder meeting date still uncertain

By Sophie Boot Read more »

NZ property values rise more slowly in December

Article – BusinessDesk

Wednesday 11 January 2017 08:19 AM

NZ property values rise more slowly in December as lending curbs bite

By Rebecca Howard Read more »

NZ dollar may edge higher

Article – BusinessDesk

NZ dollar may edge higher as Chinese capital controls keep investors wary

By Paul McBeth

Jan. 6 (BusinessDesk) – The New Zealand may extend recent gains as Chinese efforts to prevent capital leaving the country saw a sharp appreciation in the yuan at the greenback’s expense, keeping investors wary of more action sanctioned by Beijing. Read more »

CBL completes purchase of French insurance creator

Article – BusinessDesk

CBL completes 94.5M euro purchase of French insurance creator

By Sophie Boot

Jan. 6 (BusinessDesk) – CBL Corp has completed its 94.5 million euro purchase of France’s Securities and Financial Solutions Europe SA (SFS), taking over its biggest customer in a deal the credit and financial risk insurer expects to lift earnings. Read more »

ERoad Q4 result ‘broadly in line’ with expectations

Article – BusinessDesk

ERoad Q4 result ‘broadly in line’ with expectations

By Sophie Boot

Jan. 5 (BusinessDesk) – ERoad, the logistics and fleet management company, said its total contracted units at the end of 2016 were “broadly in line” with expectations, with a 5.1 percent lift from a quarter earlier. Read more »

NZ dollar hits 2-week high on US dollar sell-off in Asia

Article – BusinessDesk

NZ dollar hits 2-week high on US dollar sell-off in Asia

By Edwin Mitson

Jan. 5 (BusinessDesk) – The New Zealand dollar rose to a two-week high, lifted by widespread selling of the US dollar and the biggest rally in the value of the Chinese yuan in a year. Read more »

NZ dollar range-bound as greenback strength continues

Article – BusinessDesk

Wednesday 04 January 2017 08:50 AM

NZ dollar range-bound as greenback strength continues into new year

By Paul McBeth Read more »

NZ dollar heads for 2% gain in 2016, belying volatile year

Article – BusinessDesk

Friday 30 December 2016 02:01 PM

NZ dollar heads for 2% gain in 2016, belying volatile year

By Paul McBeth Read more »

Spotlight’s NZ arm posts FY16 profit drop as costs rise

Article – BusinessDesk

Friday 30 December 2016 11:09 AM

Billionaire Aussie family’s NZ Spotlight posts FY16 profit drop

By Tina Morrison Read more »

Lateral Corp goes private

Article – BusinessDesk

Friday 30 December 2016 10:56 AM

Lateral Corp goes private, sells NZAX listing to property newcomer, Golden Tower Read more »

Investors look to book profits from surging greenback

Article – BusinessDesk

Friday 30 December 2016 08:44 AM

NZ dollar gains as investors look to book profits from surging greenback heading into 2017 Read more »

Pumpkin Patch owes $59.5 million to ANZ

Article – BusinessDesk

Wednesday 28 December 2016 10:27 AM

Pumpkin Patch owes $59.5 million to ANZ, receivers KordaMentha say

By Sophie Boot Read more »

Pumpkin Patch owes $59.5 million to ANZ

Article – BusinessDesk

Wednesday 28 December 2016 10:27 AM

Pumpkin Patch owes $59.5 million to ANZ, receivers KordaMentha say

By Sophie Boot Read more »

Australia’s VET student loan transition period

Article – BusinessDesk

Wednesday 28 December 2016 09:50 AM

Intueri’s Conwal turned down for Australia’s VET student loan transition period Read more »

NZ economy flies through 2016’s political curveballs

Article – BusinessDesk

Friday 23 December 2016 11:28 AM

YEAR IN REVIEW: NZ economy flies through 2016’s political curveballs

By Paul McBeth

Dec. 23 (BusinessDesk) – New Zealand’s economy batted away some curly political curveballs of 2016 to end the year on a high note, with its twin planks of a booming construction sector and rampant tourism soon to be joined by a resurgent dairy industry. Read more »

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