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WEB1 day ago · Department store Myer will close the majority of its Sass & Bide boutiques, including its New Zealand store in Newmarket. Myer will close 10 Sass & Bide stores by October 6, leaving four Australian standalone stores open. A spokesperson for Myer would not say how many jobs would be affected by the Newmarket closure.
Auckland Airport announces $1.4b capital raise
WEB44 minutes ago · A render of Auckland Airport's under-construction integrated domestic jet terminal. Auckland International Airport has announced a $1.4 billion equity raise to fund its capital investment programme, including a new $800 million contract with Hawkins to manage the construction and delivery of its new domestic jet terminal.
General Business
WEBThe National Business Review Online is New Zealand's authority in breaking business news and analysis.
Finance - nbr.co.nz
WEBSep 2, 2024 · Kiwibank ready to beef up Big Four fight and improve competition. The bank reported a record profit of $202 million, with broad lending growth across the business. Jonathan Mitchell Thu, 22 Aug 2024. Finance. 3.
Economics - National Business Review
WEBWellington suffers as regions produce green shoots: Kiwibank. Latest scoreboard outlines better economic results for most, while public sector cuts dent the Capital. Jonathan Mitchell Sat, 10 Aug 2024. Economics.
Central Bank decisions in focus as earnings season wanes
WEB5 hours ago · The US Federal Reserve is set to meet and make an interest rate decision later this week. Kate McVicar Mon, 16 Sep 2024. Analysts’ eyes are on a cluster of central banks’ decisions set to be reported this week, including the United States Federal Reserve. Devon Funds head of retail Greg Smith said the market expects a 25 basis point cut ...
Inflation falls to 4.7%; domestic prices remain sticky
WEBJan 24, 2024 · What’s at stake: Whether the RBNZ needs to hike the official cash rate again in 2024 because of stubborn inflation pressures. Background: Stats NZ data out today showed annual inflation fell to 4.7% in the year to December. The central bank kept the OCR at 5.5%, as widely expected, in November.But it said it had a ‘willingness’ to hike again, if needed this year.
The state of it: who’s who in NZ infrastructure
WEBSep 2, 2024 · Main players: The Government and Opposition, local councils, infrastructure firms, Infrastructure Commission, Downer, Craig West, Beca, Amelia Linzey, Fulton Hogan, Civil Contractors New Zealand, Alan Pollard, PwC, Natalie McClew, Chorus, Mark Aue. New Zealand’s infrastructure sector has many moving parts and …
NBR Focus - National Business Review
WEBANALYSIS: An off-the-rack solution to fix the immediate problem of reconnecting the Coromandel Peninsula via State Highway 25A proved its worth as a faster, cheaper option to developing a ‘bespoke’ design. Brent Melville Mon, 02 Sep 2024. NBR Focus.
Financing and funding New Zealand’s infrastructure gap
WEBSep 4, 2024 · ANALYSIS: The biggest infrastructure challenge is about generating revenue streams, the Infrastructure Commission says. WATCH: Transport Minister Simeon Brown speaks with Brent Edwards. With the eye-watering amount needed to upgrade and renew New Zealand’s ailing infrastructure, let alone build new stuff, it …