Article – BusinessDesk

BNZs Thorburn comfortable with level of low equity home loans, wary of property developers Read more »

Press Release – BNZ

Bank of New Zealand (BNZ) has today reported statutory net profit for its banking group for the first six months to 31 March 2013 of $298 million, demonstrating continued strong performance for the bank. This is an increase of $70 million, or 30.7%, over … Read more »

Article – BusinessDesk

May 9 (BusinessDesk) – Bank of New Zealand, the local unit of National Australia Bank, lifted first-half cash earnings 0.5 percent as revenue gains from housing and business lending were offset by a bigger charge on bad debts. Read more »

Press Release – Psoda

Psoda, a world class cloud provider of portfolio, programme and project management tools, today announced another year of strong revenue growth. Year-on-year revenue increased by 59%, driven by both an increase in new customers and also through the … Read more »

Article – Businesswire

May 8 (BusinessDesk) Google New Zealand, the local service hub of the worlds biggest search engine company, stacked on workers last year to keep pace with an online advertising market thats growing at the expense of newspapers and television. Read more »

Press Release – Westpac New Zealand

Westpac New Zealand* has produced a 7% rise in cash earnings to $370 million for the first half of FY13 against the same period last year. Read more »

Article – BusinessDesk

CORRECT: Westpac NZ boosts 1H earnings 7% on lending growth in housing, agri, smaller charges on bad debt Read more »

Article – BusinessDesk

May 3 (BusinessDesk) – Westpac New Zealand has trimmed the proportion of high loan-to-value mortgage lending amid increasingly volatile house prices. Read more »

Press Release – Morningstar

“Robust top line revenue growth and sharply lower bad debts boosted first half cash profit to $3.53bn, up an impressive 10% on 1H12. The strong result is hard to fault, exceeding both our $3.5bn forecast and consensus of $3.4bn. The earnings performance … Read more »

Article – BusinessDesk

May 3 (BusinessDesk) – Briscoe Group, the homeware and sports goods chain controlled by managing director Rod Duke, lifted first-quarter sales 5.9 percent, helping offset weaker gross margins caused by increasing competition among retailers and a late … Read more »

Article – BusinessDesk

Westpac NZ boosts 1H earnings 7% on lending growth in housing, agri, smaller charges on bad debt Read more »

Article – BusinessDesk

May 3 (BusinessDesk) – Z Energy’s second full year of operation since its sale to local investors by Shell has produced a 13.1 percent lift in operating earnings, although sales have fallen as the transport fuels distributor cut out loss-making … Read more »

Press Release – Taranaki Regional Council

Water-quality trends in the region are the best theyve ever been, latest Taranaki Regional Council environmental monitoring results show. The Council says its latest water-quality report points to stability or improvement being found at more monitored … Read more »

Article – BusinessDesk

May 2 (BusinessDesk) – Skellerup, the industrial rubber goods maker, has cut its annual earnings guidance for a second time after the drought across the North Island sapped demand at its agri business as farmers put off buying until next season. Read more »

Article – BusinessDesk

Goldman Sachs NZ fee income rose in 2012, helped by Fonterra Fund, MRP, Blue Star Read more »

Article – BusinessDesk

May 1 (BusinessDesk) – Shares in Kathmandu rose 2.2 percent after the outdoor equipment retailer said it kept its pace of sales growth through the third quarter, without firming up annual earnings guidance. Read more »

Press Release – NZ Society of Actuaries

School students who hate maths should think again jobs with a high degree of mathematical nous are rated highly in a recent survey of best jobs. The actuarial profession came out on top of a list of 200 jobs which were ranked by physical … Read more »

Article – BusinessDesk

May 1 (BusinessDesk) – Dorchester Pacific, which avoided failure in 2010 by convincing investors to accept a debt-for-equity swap, has upped its profit guidance, flagged an intention to start paying dividends, and will re-jig its capital structure to … Read more »

Article – BusinessDesk

April 30 (BusinessDesk) Devon Funds Management lifted funds under management by 14 percent last year on a combination of KiwiSaver inflows and strong gains in New Zealand equities. Read more »

Press Release – Oceana Gold

OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the Company) today released its first quarter 2013 results for the quarter ending March 31, 2013. Read more »