Business
Finding a local contractor not a major concern
June 19, 2013 - 6:53pm
Views being heard on Gambling and TAB Venue Policy
June 19, 2013 - 6:36pm
Current account deficit falls
June 19, 2013 - 6:01pm
New Zealand's current account deficit has fallen, on the back of increased dairy exports and more overseas visitors spending more money.
New figures show the deficit dropped $300 million in the March quarter.
Seasonally adjusted, the current account balance ended up with a deficit of $2.2 billion, compared with $2.5 billion for the previous quarter. ›read more
Greens call for government action
June 18, 2013 - 6:33pm
The Greens have called for government action after a survey found women still earn less than men in New Zealand.
The survey found women earned between $8,000 and $20,000 less than male colleagues in some industries, despite being more qualified.
The international survey by recruitment company Font Talent included 849 New Zealand respondents. ›read more
Media firm goes into receivership
June 17, 2013 - 6:53pm
Report one of the positive initiatives to develop in some time
June 17, 2013 - 6:51pm
Survey finds fewer vendors coming forward for valuations
June 17, 2013 - 6:06pm
A survey of real estate agents has found almost 20% are noticing fewer vendors coming forward for valuations.
The BNZ/Real Estate Institute of New Zealand survey says
the result suggests a worsening of an already deep listings shortage. It says a record 21% of agents feel it is a seller’s market. Almost half think prices are rising. ›read more
the result suggests a worsening of an already deep listings shortage. It says a record 21% of agents feel it is a seller’s market. Almost half think prices are rising. ›read more
Food prices stay flat
June 14, 2013 - 6:58pm
The winter season has seen the price of vegetables rise 6% in May, though overall, food prices stayed flat.
New figures show food up 0.3 percent for the month, and fruit and vegetable prices up 2.1%
The latter figure came from a mix of vegetable prices rising, and fruit prices falling.
Statistics New Zealand says that fall reflects seasonally cheaper kiwifruit and mandarins. ›read more
Government to extend paua fisheries consultation
June 14, 2013 - 6:54pm
The Government has announced it will extend consultation on a review of Otago-Southland paua fisheries.
Primary Industries Minister Nathan Guy says he decided on further consultation after the importance of the issue to recreational users was made very clear. ›read more
Hallenstein Glasson Holdings full-year profit may drop
June 13, 2013 - 6:20pm
Clothing retailer Hallenstein Glasson Holdings says full-year profit may drop as much as 12%, after a slow start to winter hurt returns in Australia.
The company expects profits of between $18.5 and $19.5 million in the year to August.
That figure would be down from $21 million a year earlier. ›read more
Recycling extension gets the nod
June 12, 2013 - 7:28pm
New Zealand councils' rates income reaches $1.18 billion
June 11, 2013 - 6:20pm
Rates income for New Zealand councils reached $1.18 billion dollars in the March quarter.
Those figures come as Statistics New Zealand reports local authorities had a quarterly operating surplus of $90 million dollars.
Total rates income is now almost $25 million dollars higher than it was in the March quarter last year. ›read more
Property value increases slow
June 10, 2013 - 6:34pm
An increase in property values in Dunedin has slowed slightly, as winter takes hold.
Quotable Value figures show just a 0.2% increase in the past three months, though values still sit 4.2% above last year.
Quotable Value says the beginning of May was good for the lower end of the market in Dunedin, but there was a noticeable drop-off in demand later in the month. ›read more
New Zealand union welcomes Kmart decision
June 7, 2013 - 6:53pm
A New Zealand union has welcomed a decision by Kmart to sign an accord set up to protect workers in Bangladesh.
The collapse of the Rana Plaza a month ago killed more than 1000 clothing manufacturing workers in that country.
Kmart today announced it has signed an international accord, meaning it will only do business with factories that meet standards for safety and social compliance. ›read more
Hours and earnings down in part-time employment
June 6, 2013 - 5:59pm
Students relying on part-time work may struggle this year, with both hours and earnings down for the sector.
Student Job Search has released data for the year to May.
It shows worker weeks down 7% from about 6,400 to just a little over 6000.
Dollars earned were also down 7%. ›read more
Strong new car sales figures continue
June 5, 2013 - 7:08pm
Strong new car sales figures have continued, with registrations in May the highest for the month since 1990.
New passenger vehicle registrations topped 6,300, while more than 2,500 commercial vehicles rolled on to New Zealand roads.
All up, almost 44,000 vehicles have been registered for the year so far - more than 4000 more than last year. ›read more
Hotel decision reached
June 5, 2013 - 6:54pm
OECD recommends policies for fairer wealth distribution
June 4, 2013 - 6:28pm
A report on New Zealand by the OECD has recommended policies for making the economy grow faster and distribute wealth fairly.
Its two-yearly review of the economy recommends a capital gains tax, permanent deposit insurance for banks and raising the age of government pension entitlement. ›read more
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