Residential Property

Building consents for Auckland homes rose in June to 704 from 599.

Building consents dip in June

New Zealand residential building consents fell 4.1 per cent in June as construction intentions in Canterbury tapered off…

Wall St up on Fed news

Stock trader Peter Tuchman monitors stock prices at the New York Stock Exchange. File photo / AP

Wall Street's rally accelerated overnight on better-than-expected earnings and after the US Federal Reserve kept alive expectations…

Fed holds steady on rates

The Fed appears on track to raise interest rates later this year but has signaled that it wants to see further economic…

Dollar up on rosier Wheeler talk

The dollar has rallied after what the markets perceived as a more optimistic view of the economy from Reserve Bank Governor…

Dairy's decline here to last?

Three Fonterra directors are up for re-election at the next annual meeting including chairman John Wilson pictured here at the NZ National Fieldays. Photo / Alan Gibson

As milk prices fall, farmers keep waiting for the cycle to turn. But what if Fonterra's problems are longer term, asks Jamie…