Nona Pelletier
Unemployment edges up, while wages remain muted
The labour market is starting to feel the effects of the slowing economy. Official figures show the pace of employment growth slowed, rising zero-point-3 percent to 2-point-36 million in the three… Audio
Origin Energy sale linked to coal steam gas project
An analyst says Origin Energy has sold Contact Energy at a cheap price in order to keep its debt down Audio
Origin Energy selling its stake in Contact Energy
Australia's Origin Energy is selling its entire 53 percent controlling stake in Contact Energy for 4-dollars-65 a share, valuing its stake at 1 point 8 billion dollars. Audio
Trilogy expects strong first half sales
Trilogy International expects a more than 50 percent increase in its first-half sales, while its pre-tax net profit is expected to more than triple. Audio
Commerce Commission claims price fixing in rural services
The Commerce Commission has filed legal action against two rural services firms and five current or former employees, over claims of price fixing in connection with the introduction of a new animal… Audio
Labour market data expected to point to low wage inflation
Some economists are picking robust jobs growth and weak pay rises once again when the latest figures on the historical state of the labour market are released. Audio
Heartlands expecting to match forecast profit for the year
Heartland New Zealand is expecting a profit of about 48 million dollars for the 2015 financial year, and expects next year's profits will increase to more than 50 million. Audio
Green Cross Health focusing on considation and profit growth
Green Cross Health's share price has risen another 6 percent this morning, after the company announced a special dividend of 15 cents a share, at yesterday's annual meeting. Audio
Darwin gaming taxes will cost SkyCity less than it expected
Sky City Entertainment Group says a review of gaming tax rates at its Darwin Casino will cost it about 5 million dollars less a year, than it had been expecting. Audio
Abano makes full year net loss
Abano Healthcare has reported a full year loss, after selling its orthotics and pathology operations during the last year. Audio
Reserve Bank rules out large interest rate cuts
The dollar has risen as the Reserve Bank governor damped down expectations of significant cuts in interest rates. Audio
Green Cross Health's share price spikes on special dividend
Green Cross Health's share price has surged more than 4 percent after announcing a special dividend of 15 cents a share. Audio
Summerset buys Parnell land - 3rd purchase since last week
Summerset has purchased another development site in Auckland - this time next to the Auckland Domain. Audio
Investors await opening of China's stock market
The money markets are awaiting the opening of China's stock market following the biggest one-day fall in eight years. Audio
2 degrees offers its first broadband plans
The telecommunications provider, 2degrees, has entered the broadband market. Audio
Brierley lifts stake in Kirks again
Sir Ron Brierley has continued to lift his stake in the Wellington retailer, Kirkcaldie and Stains. Audio
Business briefs
The ratings agency, AM Best, has affirmed Tower's financial strength. Audio
Investor category immigrants need twice as much to apply
The Government will change immigration settings to encourage entrepreneurs and skilled migrants to settle outside Auckland. From November, skilled migrants with a job offer outside Auckland and… Audio
Comvita CEO says he'll leave company in good hands
Comvita is on the hunt for a new chief executive following the resignation of Brett Hewlett. Audio
Financial Services Council studies insurance sales tactics
The Financial Services Council wants to ensure people selling life and income protection insurance aren't making customers worse off if they switch providers. Audio