South Island primed for platinum

Simon Bridges

Canadian company given go-ahead to search for precious metal in Tasman and Southland.

Trade surplus despite dairy decline

Survey shows businesses are confident that export orders would pick up in the next 12 months.

June marked the eighth monthly trade surplus in a row and was stronger than expected because of lower oil imports.

Dollar intervention hint works

dollar coin

NZ dollar plunges after Reserve Bank raises rates and the prospect of taking action to lower the currency.

SBS Bank in good shape

Ross Smith

The outgoing SBS CEO leaves the bank after reporting a near-record profit for 2014.

Aussies joining rebuild 'cold'

Construction, contractors, rebuild

Australian firms setting up in post-quake Christchurch need local partners, says business rep.

Fears Postie Plus creditors to miss out

Postie Plus

A creditor of national clothing chain Postie Plus says most creditors have lost hope of getting any of their money paid.

Arena sponsor 'here for the long haul'

Horncastle Arena

Christchurch residential building and property management company Horncastle Homes has bought the naming rights for Christchurch's biggest indoor venue.

Report queries uranium impact

Chatham Rock Phosphate

A Crown report says there could be a long-term build up of uranium in farmlands from using phosphate mined from the Chatham Rise.

Warm June saw power fall


The warmest June on record led to 12pc fall in power demand from Genesis mass market customers.

IkeGPS shares off low

ikegps, Leon Toorenburg

Technology company CEO had hoped for a better start, but says NZX debut is just the start of a long process.

Oceania investigates capital raising

Stock market NZX

Retirement village company hires advisers on options to raise capital after speculation of an NZX float.

Xero plays long game in US


Xero CEO calls questions over US momentum "ridiculous", but says it will take time to crack that market.

Creditors may be out of pocket

postie plus

Businesses owed money by Postie Plus have lost hope of getting any of their money back.

Capital, Christchurch 'disappoint'


Employment agency CEO says while Auckland is growing, Wellington and Christchurch have disappointed.

Kiwi loses ground against Aussie

coins money new zealand kiwi

NZ dollar hits a six-week low against the Australian dollar, and waits ahead of RBNZ rate decision.

Pay rise 'unacceptable'

Rob Jamieson

Christchurch councillor says 30 per cent pay rise for Orion New Zealand boss is "way out of touch".

US interest in Xero fades

Rod Drury Xero

Xero's progress in the US is "pivotal" to its valuation, but it appears to be losing momentum there.

Chippers cheaper made in NZ


As costs rise overseas, some Waikato companies are seeing the benefit of bringing manufacturing operations home.

'Canterbury first' irks Aussies

Joe Hockey in Chch

Australian businesses complain they are being shut out of the Christchurch rebuild.

Moves to constrain power profits

Electrical plug

In a small victory against the tide of ever-rising electricity prices, nationwide bills could be cut by about $33m a year, as monopoly watchdog looks to "constrain excessive profits".

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