Australia No.1 for McMansions
Australians are piling on extra bedrooms at the fastest rate in the world, with the size of their homes overtaking those in the US as the world's biggest.Award for Michael Hill
Jeweller Michael Hill has won another award for achievement in business - the Beacon Award from the New Zealand Shareholders' Association.
Building consents surge
The number of new dwellings authorised in October was at its highest level in 15 months, when volatile apartment numbers are excluded.
Hanover directors back Allied deal
By KRIS HALL - BusinessDay
Hanover Finance chairman David Henry says Allied Farmers' audacious $400 million bid for the troubled lender's loan book is in the best interests of all classes of investors.
NZ dollar outlook
By PAUL MCBETH
The NZ dollar may push higher this week as concerns ease about the impact of a potential default on debt payments by Dubai will have on the global economy.
Indices
| VALUE | MOVEMENT | |||
|---|---|---|---|---|
| NZX50 | 3,125.523 |  |
31.086 | 0.99% |
| ASX200 | 4,572.070 |  |
-136.600 | -2.90% |
| DOW | 10,309.920 | |
-154.500 | -1.50% |
| NASDAQ | 2,138.440 | |
-37.600 | -1.70% |
| FTSE | 5,245.730 | |
51.600 | 1.00% |
| NIKKEI | 9,081.520 | |
-301.700 | -3.20% |
| H-SENG | 21,134.500 | |
-1,075.900 | -4.80% |
| NZX50 20 min delay, others last close | ||||
Top Movers
| PRICE | MOVEMENT | |||
|---|---|---|---|---|
| Market Opening Soon | ||||
Currencies
| RATE | |
|---|---|
| Australian Dollar | 0.785 |
| Euro | 0.478 |
| British Pound | 0.434 |
| Hong Kong Dollar | 5.579 |
| Japanese Yen | 62.050 |
| Singapore Dollar | 0.996 |
| US Dollar | 0.719 |
| Price as at 8:10 pm, 30 Nov | |
Brash recommendations 'too radical'
Most of 2025 task force's suggestions for catching up with Australia are 'too radical' for the government to pick up, Bill English says.
A Black Christmas
I wrote mid-year about the importance of stock.
Miners consider new offer
Court reopens Carter Holt Harvey case
IBM buying Guardium
IBM, the world's biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225m
Inflation adds to rate rise case
The Reserve Bank of Australia (RBA) has a strong case to lift interest rates on Tuesday after a private sector survey showed a moderate rise in prices.
Mitre 10 mulls two separate proposals
No material loss from Dubai: CBA
What would Dubai sell?
Dubai could be forced to divest speculative investments made during a six-year boom after last week’s bond shock, leading to a fire sale of prized assets.
China stock bubble to burst
China's ballooning stock market bubble, fuelled by excessive liquidity, is likely to burst in the first half of 2010.
Australian shares rebound
The Australian sharemarket opened over one percent higher, after falling almost three percent on Friday, following gains on European bourses.
NZ dollar recovers
OceanaGold shares soar
Wall St: Week ahead
The US stock market's path to glory is fraught with peril this week: Dubai, jobs data and Black Friday results.
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Poor old Rod Petricevic
Poor old Rod Petricevic. The bankrupt former boss of failed company Bridgecorp not only faces a raft of legal woes, but he just can't get any respect from his peers.
Tax sytem overhaul a fine art
The stage is set for a major overhaul of the tax system which could see the top personal rate fall but a swag of new taxes and increases in existing ones to compensate.
Tax system due for change
Adviser can save cash
Life Insurance cover soars
Sales of life insurance policies have rocketed during the recession, but industry sources say the boom is more likely fuelled by hungry salesmen than rising fears of mortality.
Paul Henry's 'retard' fallout continues
NZ's first space rocket launches
All Blacks prove test rugby can be beautiful
Gisborne dolphin Moko injures two girls
Body of tragic climber sealed in cave
Robert Pattinson so over the Moon
Mother jailed for assaulting kids
Gisborne dolphin Moko injures two girls
Paul Henry's 'retard' fallout continues
Qtown a binge-drinking 'leader'
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