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Countdown posts 1.1% rise in 1Q sales as new stores openings offset weaker prices
Sales

Countdown posts 1.1% rise in 1Q sales as new stores openings offset weaker prices

Countdown saw a 1.1% boost in 1Q sales to NZD $1.5 billion, driven by new store openings, while comparable sales dipped 0.1% amid flat prices.

By Pattrick Smellie • 2 min read • Mon, 3rd Nov 2014
NZ Dollar Outlook: Kiwi may decline as greenback rises ahead of jobs report
Inflation

NZ Dollar Outlook: Kiwi may decline as greenback rises ahead of jobs report

The New Zealand dollar may decline as the US dollar continues to trend higher leading into a key jobs report, amid a slew of economic indicators an.

By Pattrick Smellie • 4 min read • Mon, 3rd Nov 2014

Stories from Other Regions

RESEND: NZ inflation likely to pick up as labour market pressures emerge, English says
Inflation

RESEND: NZ inflation likely to pick up as labour market pressures emerge, English says

New Zealand inflation, which unexpectedly fell to the bottom of the Reserve Bank's target band in the third quarter, is likely to pick up again as.

By Pattrick Smellie • 3 min read • Sun, 16th Nov 2014
Correction: Real Estate Institute O'Sullivan says first-home buyers could give up on home ownership
Inflation

Correction: Real Estate Institute O'Sullivan says first-home buyers could give up on home ownership

Departing Real Estate Institute chief executive Helen O'Sullivan said the Reserve Bank's decision to continue the loan-to-value ratio restrictions.

By Pattrick Smellie • 3 min read • Fri, 14th Nov 2014
Consumer confidence slips to 14-month low
Migration

Consumer confidence slips to 14-month low

New Zealand consumer confidence fell to a 14-month low in November as households felt less optimistic about the future, with economic momentum cool.

By Pattrick Smellie • 3 min read • Thu, 13th Nov 2014
NZ dollar gains after RBNZ's stability report reminds market of tightening bias
New Zealand Dollar

NZ dollar gains after RBNZ's stability report reminds market of tightening bias

The New Zealand dollar gained after the Reserve Bank's report on the strength of the nation's financial system reminded the market that the central.

By Pattrick Smellie • 2 min read • Wed, 12th Nov 2014
NZ dollar jumps vs. yen after BoJ increases stimulus to boost inflation, growth
Inflation

NZ dollar jumps vs. yen after BoJ increases stimulus to boost inflation, growth

The New Zealand dollar jumped to a five-week high against the yen after the Japanese central bank unexpectedly expanded its monetary stimulus progr.

By Pattrick Smellie • 3 min read • Mon, 3rd Nov 2014
Kiwi investment on the rise as business confidence hits 20-year high
Information Communication & Technology

Kiwi investment on the rise as business confidence hits 20-year high

Business confidence across New Zealand hit a 20-year high this month, as Kiwis latch onto the strengthening economic activity...

By Staff Writer • 2 min read • Fri, 11th Apr 2014
NZ business confidence hits 15-year high
Information Communication & Technology

NZ business confidence hits 15-year high

New Zealand business confidence rose to its highest in almost 15 years this month, adding to evidence the economy is picking up pace.

By Pattrick Smellie • 2 min read • Thu, 19th Dec 2013