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NZ targets $30m extra tax from mining tax changes

Industry concern the decision will make New Zealand less attractive to international mining investors.

NZ stops issuing beef, lamb export certificates to China

Paperwork glitch leaves frozen product sitting on Chinese wharves.

NZ POLITICS DAILY: Collins fights back

Collins takes the Voight-Kampff test

Last week, the Justice Minister was under attack from all quarters over her decision not to implement the recommendations of the MMP Review. Now she’s taken to Twitter and is shooting with both barrels at anyone and everyone, often with wit and verve

Mill to get major facelift after Independent Liquor buyout

Independent chief executive Julian Davidson

The retail chain will be run as a stand-alone business and may consider franchises once refurbishment is complete.

Market close: shares rise, led by F&P Healthcare on weaker NZD

The kiwi has tumbled more than 4 US cents this month, providing some relief for companies that make sales in greenbacks.

Kiwi pares loss as Bernanke’s testimony keeps investors wary

The US Fed chairman is seen as more cautious than some other central bank officials who support unwinding quantitative easing.

Services sector expands at fastest clip in five months

The sector, which accounts for about 70% of economic activity, last month expanded at the fastest pace since October.

Graph of the week: Budget 2013, complacency and household debt

Graph 1 - net household savings rate (Source: Budget 2013)

SkyCity to pay $5m for Queenstown’s Wharf Casino

The deal adds 74 electronic gaming machines and six gaming tables to its existing operations in the resort town.

NZ dollar outlook: kiwi may decline this week as investors favour US assets

Expectations of an American economic recovery lure investors to the world's largest economy and the greenback.

World week ahead: central bank watch amid records

Wall Street seems destined to push to fresh highs again this week as investors continue to bet on an improving economic outlook.

NBR Weekly Biz Quiz

What does she think is stingy?

Test your knowlege with 10 rapid-fire multichoice questions.

NBR Business Pulse

Do you support the government's plan to increase petrol tax by 3c a year for each of the next three years?
Voting only open to NBR subscribers. Subscribe here.

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