Wellington continues to reap the benefits of tourism growth

Press Release – New Zealand National Party

National List MP Paul Foster-Bell was delighted to see Wellington continue to reap the benefits of tourism growth Read more »

Northland Residential Property Price Increases Accelerated

Press Release – Barfoot and Thompson

The average price being paid for residential property across all of Northland accelerated in the last quarter of 2016 to an all-time high of $554,000. Read more »

Tourists continue to add value to NZ economy

Press Release – New Zealand Government

Tourism spending over the summer high season continued to grow in most regions, providing jobs for regional New Zealand, Tourism Minister Paula Bennett says. Read more »

Second largest interim result and maintains strong dividend

Press Release – Air New Zealand

Air New Zealand has today announced earnings before taxation for the first six months of the 2017 financial year of $349 million, compared to $457 million in the prior year – the second highest result for an interim period in the airlines history. Read more »

Least cost approach to road maintenance best for NZ Inc.

Press Release – Raupehu District Council

Whole of life – least cost approach to road maintenance best for NZ Inc. Ruapehu Land Transport Manager Warren Furner said that he wasnt surprised with national media taking an interest in increasing truck volumes putting pressure on the Districts … Read more »

NZ dollar holds gains as investors keep watch on the Fed

Article – BusinessDesk

Feb. 22 (BusinessDesk) – The New Zealand dollar held on to earlier gains as markets await minutes from the US Federal Reserve’s latest meeting and several more speeches from Fed officials for a steer on where US interest rates may be heading. Read more »

A rising tide of protectionism could hit NZ dairy sector

Article – BusinessDesk

Feb. 22 (BusinessDesk) – New Zealand’s economy would be hard hit if there is a retreat to protectionism in the global dairy sector, a report from the New Zealand Institute of Economic Research has found. Read more »

Auckland Airport welcomes Sichuan Airlines

Press Release – Auckland Airport

Auckland Airport welcomes the announcement that Sichuan Airlines will start flying between Auckland and Chengdu in China from June this year. The service will operate three times a week on Tuesday, Thursday and Saturday using an A330-200 aircraft with … Read more »

Dairy an Integral part of the NZ Economy says Report

Press Release – Federated Farmers

In spite of two years of economic instability and uncertainty fueled by fluctuating prices, the New Zealand dairy industry remains a significant player to the countrys economy. Read more »

Report finds NZ loses billions to trade barriers each year

Press Release – DCANZ – Dairy Companies Association New Zealand

Trade barriers cost New Zealand billions of dollars annually, according to an NZIER report for the Dairy Companies Association of New Zealand (DCANZ). Read more »

New report shows importance of dairy industry

Press Release – New Zealand Government

A new report launched tonight confirms the dairy industry makes a major contribution to New Zealands economy, says Primary Industries Minister Nathan Guy. Read more »

Living Wage rate will increase to $20.20 on 1 July 2017

Press Release – Living Wage Aotearoa

The official 2017 New Zealand Living Wage is $20.20. The 40 cent increase will come into effect on 1 July 2017. Read more »

NZ services sector sees growth in January

Article – BusinessDesk

Feb. 20 (BusinessDesk) – Activity in New Zealand’s services sector, which accounts for about two-thirds of the economy, rose last month to a near-record, with ongoing strength in wholesale, retail and hospitality. Read more »

BNZ – BusinessNZ PSI – January 2017

Press Release – BNZ BusinessNZ Performance of Services Index

New Zealands services sector experienced ongoing expansion during January to start 2017 on a very positive note, according to the BNZ – BusinessNZ Performance of Services Index (PSI). The PSI for January was 59.5. This was 1.0 point up from … Read more »

ASB Housing Confidence Survey – Price expectations cool

Press Release – ASB Bank

Buyer sentiment has improved in the ASB Housing Confidence Survey, but ultimately, New Zealanders still think its a bad time to buy a house. Read more »

NZ house price growth to ‘slow sharply’

Article – BusinessDesk

Feb. 17 (BusinessDesk) – The New Zealand housing market is in for a “pronounced and overdue slowdown”, with national house price inflation forecast to fall to around 5 percent a year, says one of the world’s top three credit rating agencies, … Read more »

RBNZ, Treasury talk up global economic risks

Article – BusinessDesk

Feb. 17 (BusinessDesk) – The Reserve Bank and the Treasury warned incoming Finance Minister Steven Joyce about the international threats posed to New Zealand’s economy, which they both saw as being relatively robust. Read more »

Little Version of ‘Think Big’ for Gisborne

Press Release – New Zealand Taxpayers’ Union

The New Zealand Taxpayers Union is slamming Labour Leader Andrew Littles pledge today to spend $20 million of taxpayers money to enable the construction of a timber prefabrication plant and associated infrastructure in Gisborne , announced … Read more »

Labour pledges to build on Gisborne’s strength

Press Release – New Zealand Labour Party

Labour is poised to inject up to $20 million into the Gisborne economy to enable the construction of a plant for prefabricated building materials, says Labour Leader Andrew Little. Read more »

New Zealand businesses set for asset buying spree

Press Release – Alleasing

More than half of New Zealand businesses are planning to increase their asset base in the first quarter of 2017, with the vast majority purchasing equipment to increase their asset base rather than replacing existing equipment. The bullish intentions … Read more »

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