
Current account surplus swung by $1.7b earthquake claims
New Zealand had a current account surplus of $35m in the September quarter Statistics New Zealand said today, due largely to Canterbury earthquake insurance claims.
New Zealand had a current account surplus of $35m in the September quarter Statistics New Zealand said today, due largely to Canterbury earthquake insurance claims.
Silver Ferns Farms has hit back at complaints that workers at its Te Aroha plant had their pay deducted for observing a two-minute silence to remember the Pike River miners.
An unsuccessful discounting strategy contributed to poor trading results that forced Fisher & Paykel Appliances to downgrade earnings guidance today.
Staff at a North Island freezing works had their pay cut for the official two-minute silence to remember the 29 miners killed in the Pike River mine.
Another 80 job losses announced today in a third sawmill unable to profitably export timber suggests the wood industry is in crisis, says a union representing workers in the sector.
Anzac Day Poppies will be made offshore, New Zealand's Returned Service Association has announced.
Gearing down for the recession proves a wise decision...
Shares in Wellington Drive Technologies have halved in value after the company said it was looking to raise $8.4m to fund operations.
Tapware maker Methven says the slower than expected economic recovery has forced it to cut full year guidance.
Prime Minister John Key says NZ and its central bank are effectively powerless when it comes to checking the strength of the kiwi dollar.