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Articles by Businessdesk

Integrated kiwifruit marketer 'proves its worth'

Zespri almost triples annual profit on record crop, falling Psa costs

Economic prospects dim

Most of the bad news is already priced into equity markets; traders buying on weakness

Brierley clings to GPG board seat

Sir Ron Brierley takes GPG shareholders' down memory lane as he hangs on to board seat with 50.75% of votes cast; Says 'why wouldn't I want to carry on?'

Profitable power company sale to prop up loss-making railway

KiwiRail the main beneficiary of Future Investment Fund proceeds from MightyRiverPower sell-down

DMO flags inflation-indexed bonds

$45.5 bln of new debt to include $4 bln inflation-indexed bonds; $3 bln lower than flagged in PREFU

April trade surplus shrinks on dairy exports

Weak exports give a lower-than-expected trade surplus in April; down 70% from the same month last year

Higher result for property investor

NPT lifts earnings on Christchurch insurance payout

Property investor reports flat results after major adjustment

Argosy annual earnings flat, no change in forecast dividend for 2013

Euro contingency plans

Eurozone concerns continue to weigh heavily on global stock and commodity markets

Profit up at power network operator

Powerco 9-month earnings rise 8.9% in new balance date, boosts dividend

Kiwis scaling back on private health insurance

Kiwis’ uptake of private health insurance falls to 6-year low, lags behind OECD

Fonterra to tighten TAF rules

Fonterra tightens TAF rules to safeguard 100% farmer ownership, following concerns raised about size of new 'shareholders' fund for redemption capital

US housing provides lift

BusinessDesk: "The risk is increasing of a vicious circle, involving sovereign debt, weak banking, excessive fiscal consolidation and low growth': OECD

Relief rebound

Sentiment rebounds as G8 commits to bolster growth in the eurozone - 'not all fear realised'

'There's only so much ratepayers can afford to pay'

Key urges 'grown-up conversation' on Christchurch asset sales - 'Mums and Dads do it every day'

'Too much focus on domestic productivity'

'Introspective' NZ policy debate has shades of Muldoon, MFAT adviser says

Record exodus to Australia in last year

Updated
Exodus of Kiwis to Australia hits a record 53,462 or 146 a day in the year to end of April; ASB says outflow may weigh on house prices

Pastoral Dairy Investments cans public offer

MyFarm's Pastoral Dairy Investments pulls share offer after failing to attract minimum NZ$25 mln interest

EU rattles the globe

'We sort of hit an air pocket in terms of positive catalysts and meanwhile Europe keeps weighing on the market'

Studholme dairy plant ready for sale

NZ Dairies receiver in 'advanced discussions' with potential buyers

Searching for durable policy on water management

National fresh water regime takes another big step forward, emphasising local involvement in regulation

Investors run for the hills

'It is not only about the Greeks pulling out. It’s about what happens to Portugal and Spain and Italy'

Price squeeze in Q1

Producers receive lower prices in 1Q on falling commodity prices, strong dollar

Big REIT hit by depreciation change

Goodman Property earnings fall 4.1% as depreciation changes double tax bill

Strong result for retirement village operator

Ryman posts record FY profit, beats guidance, on strong demand for units