Think it's all good down on the farm? Think again. Property values are plunging, and the crisis could yet hit the cities too, reports Karyn Scherer.

Tourism Holdings said it won't meet full-year profit guidance because forward bookings have been hit by the spate of floods and storms in Australia and softening tourism demand locally and in the UK.

Building consent figures fell sharply in December, with one economist saying they probably cannot get any worse.

Firm fills the gaps between advertising, design and project management.

The first ANZ Roy Morgan Consumer Confidence survey of the new year has recorded a rise in consumer confidence, particularly in earthquake-hit Canterbury, but the survey's authors say households are still cautious.

The New Zealand dollar climbed back above 77 US cents as food inflation fears prompted investors to seek out commodity-linked currencies.

The New Zealand dollar will probably test US78c this week as the currency rides the wave of stronger prices for raw materials.

The New Zealand dollar faces pressure in its first full week of trading in 2011 as support for the greenback is bolstered by upbeat US data and renewed fears about European debt.