CORRECT: NZTE’s annual report shows big company woes weigh

Article – BusinessDesk

Nov. 26 (BusinessDesk) – New Zealand Trade and Enterprise, the governments international business development agency, said the 540 key companies it works with grew their export revenues by 1.3 percent or $383 million in the 2013/2014 year after some larger … Read more »

Household savings rate positive for five years

Press Release – New Zealand Government

New Zealand households have together saved more than they spent over the past five consecutive years the first time this has happened since 1989-94, Finance Minister Bill English says. Read more »

Bay of Connections continues to impact region

Press Release – Bay of Connections

The Bay of Connections released its Yearly Impact Report 2014 at a small event last night in Tauranga (25 November), which highlights its success in collaboration with central government, strong advocacy and support of research and development. Read more »

New Zealand Digest: The ‘lowflation’ conundrum

Press Release – HSBC Bank

New Zealands economy continues to outperform the rest of the OECD, with y-o-y growth running at +3.9% through to the middle of the year. Ordinarily, such strong growth would generate additional inflationary pressures and, indeed, this was expected … Read more »

NZTE’s annual report shows big company woes weigh on growth

Article – BusinessDesk

Nov. 26 (BusinessDesk) – New Zealand Trade and Enterprise, the governments international business development agency, said the 540 key companies it works with grew their export revenues by 1.3 percent or $383 million in the 2013/2014 year after some larger … Read more »

NZ dollar rises vs. A$ after RBA’s Lowe talks down currency

Article – BusinessDesk

NZ dollar rises to 4-month high vs. A$ after RBA’s Lowe talks down currency Read more »

NZ economic growth slows to sustainable pace, NZIER says

Article – BusinessDesk

Nov. 25 (BusinessDesk) – Slowing global growth and the overvalued Auckland housing market are key risks to New Zealand’s economy, which is slowing to a more sustainable pace, says Shamubeel Eaqub, chief economist at the New Zealand Institute of Economic … Read more »

PQ 8 Economy—Surplus Target

Press Release – Office of the Clerk

8. GRANT ROBERTSON (LabourWellington Central) to the Minister of Finance : Does he stand by his statement with regard to the 2014/15 surplus target that we will achieve one? Read more »

PQ 2 Economy—Growth

Press Release – Office of the Clerk

2. ANDREW BAYLY (NationalHunua) to the Minister of Finance : What reports has he received confirming the economy is continuing to grow and that this growth is supporting more jobs and higher incomes? Read more »

PM’s Post-Cab on Iain Rennie, China and the Smith Inquiry

Press Release – Jeremy Wilkinson

In a press conference held today in Wellington, Prime Minister John Key answered questions regarding Iain Rennies potential resignation, the independent inquiry into the Smith/Traynor escape, and recent trade deals with China. Read more »

Little’s shadow Cabinet has Robertson finance, King deputy

Article – BusinessDesk

Nov. 24 (BusinessDesk) – Newly elected Labour Party leader Andrew Little has appointed his closest rival for the job, Grant Robertson, to the crucial finance role previously held by David Parker and put caucus steady hand Annette King into the deputy leadership … Read more »

NZ net migration rises to record in Oct as more kiwis return

Article – BusinessDesk

NZ net migration rises to fresh record in Oct as more kiwis return, Indian students arrive Read more »

World Week Ahead: Stocks power higher

Article – BusinessDesk

Nov. 24 (BusinessDesk) – Wall Street begins a holiday-shortened week at record highs as investors eye a meeting of the worlds top oil exporters to see whether they will curb production amid an extended slump in the commoditys price. Read more »

Investors back Prime Range Meats’ growth plan

Press Release – Prime Range Meats

Invercargill New Zealand November 21 2014: In a move that will see Prime Range Meats firmly hooked into its own secure supply chain into China, Lianhua Trading Group is increasing its shareholding from 24.9% to 75%. The move has been approved by the … Read more »

NZX signs MOU with freshly-licensed Bank of China

Article – BusinessDesk

Nov. 21 (BusinessDesk) – NZX, New Zealand’s stock market operator, has signed a memorandum of understanding with the Bank of China to develop financial products, with a focus on the agricultural sector and capital markets. Read more »

National income shows strong growth in 2014

Press Release – Statistics New Zealand

In the March 2014 year, New Zealand earned $14.4 billion more as a country than in 2013, Statistics New Zealand said today. National disposable income was up 8.2 percent to $189.2 billion, in current prices, in the March 2014 year. Read more »

Visitor expenditure from China almost $1 billion

Press Release – Ministry of Business Innovation and Employment

International visitor spend in New Zealand continues to grow, with spend from China now at a record $979 million, up 33 per cent from September last year, according to the latest quarterly International Visitor Survey released by the Ministry of … Read more »

ASB/Main Report Regional Economic Scoreboard September 2014

Press Release – ASB Bank

Canterbury continues its dominance of the ASB/Main Report Regional Economic Scoreboard and has now held the top spot for the last four quarters. The region continues to perform strongly across all economic indicators, with particular strength in employment … Read more »

NZ fiscal watchdog needed to guard the public purse

Press Release – New Zealand Initiative

New Zealand needs tighter fiscal rules and an independent watchdog to improve the quality of government spending and reduce the risk of a return to deficit spending as the countrys population ages, if not before. Read more »

51 Kiwi companies make the Asia Pacific Technology Fast 500

Press Release – Deloitte

Fifty-one New Zealand technology companies have been included in the 2014 Deloitte Technology Fast 500 Asia Pacific index, tying the record for Kiwi companies achieved in 2009 and outpacing last years 40 companies. Twelve are ranked in the top 100. Read more »

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