Business & Markets

Late surge for NZ economy

A boom in forestry exports led to New Zealand economy's strongest quarterly growth in three years after a fast finishing 1.5 per cent surge for 2012's final quarter. ... Read More

Summer surge in house market

House prices and sales volumes are experiencing a summer surge with the median house price in Tauranga and Mount Maunganui increasing by more than 10 per cent in... Read More

Two stores same address

The Warehouse Group is not saying if the Noel Leeming's takeover of Bond & Bond in Tauranga will simply require knocking down the wall that divides the two shops. The... Read More

Spending shows continued growth

Figures released by Paymark show Kiwis are continuing to part with their hard-earned cash, with Bay of Plenty consumers following the trend. Spending through the... Read More

Mighty River share sale plans

Pre-registration for New Zealanders interested in purchasing shares in Mighty River Power starts tomorrow. Prime Minister John Key announced 49 per cent of Mighty... Read More

More than $600m spent on retail

Tauranga residents spent more than $600 million on retail sales in December last year - the largest increase in six years, according to Statistics New Zealand. Tauranga... Read More

Record half year profit for Port

Port of Tauranga today announced another record half year profit following growing container traffic and bulk freight volumes. Underlying half year profit rose by... Read More

Food prices rise

Food prices rose 1.9 per cent in the month of January and were up 0.8 per cent on a year earlier, according to the latest statistics from Statistic New Zealand. While... Read More

Honey shortage costs Comvita

Paengaroa based global natural health and beauty products company Comvita is lowering its forecast net profit due to shortages and price hikes for its key ingredient... Read More

Petrol up three cents

Petrol prices have gone up by an extra three cents a litre today following an increase in imported petrol prices. Today, 91 octane in Tauranga is $2.20 a litre and... Read More

Sharemarket improvements expected

New Zealand companies will report their earnings season reports this week with Mainfrieght first off the bat. New Zealand sharemarket is expected to be slightly... Read More

Double blow for Telecom

Telecom has been forced to admit their Yahoo! Xtra email service has been hacked and will launch a review as hundreds of customers continue to receive spam mail. The... Read More