Grey Lynn villa sale price slashed $50,000: character home discounted to spark buyers

A large fully renovated character Grey Lynn villa advertised since February has had its sale price cut by $50,000, below the Auckland Council valuation.An agent is advertising 53 Williamson Ave as "price reduced" at $1,725,000,... Source: NZ Herald Business News

By | April 29th, 2019|Business|0 Comments

NZ shares rise in quiet trading; beat-up Pushpay, Fletcher find favour

New Zealand shares rose as stocks that have been beaten up in recent months - such as Pushpay Holdings and Fletcher Building - attracted interest from investors seeking bargains in a market trading at high valuations. The S&P/NZX... Source: NZ Herald Business News

By | April 29th, 2019|Business|0 Comments

NZ dollar rises ahead of jobs data

The New Zealand dollar was slightly stronger as markets await local March-quarter jobs numbers on Wednesday and the release of the Federal Reserve's latest views on monetary policy the next day.The kiwi was trading at 66.79 US cents... Source: NZ Herald Business News

By | April 29th, 2019|Business|0 Comments

NZ Herald lifts wraps off glittering digital-subscription package – welcome to New York Times, Financial Times, The Times and Harvard Business Review

Four of the world's renowned and premier mastheads will join the New Zealand Herald stable this week, with the launch of digital subscriptions.The very best selection of journalism from the New York Times, The Times (UK), the Financial... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments

Smartshares, Blackrock to launch 8 new ETFs on NZX

NZX's Smartshares and Blackrock, the world's biggest asset manager, will launch eight new exchange traded funds (ETFs) on the exchange this June.The funds will have environmental and social responsibility (ESG) themes and will offer... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments

New data to show wage growth still missing in action

Economists don't expect new Government policies around Fair Pay and minimum wages will have any impact on wage inflation when employment data is released this week.Wage growth is expected to have remained modest in the first three... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments

Small Business: The BBQ catering truck popular at Auckland weddings – The Big Smoke BBQ

Auckland-based Irishman Carl Edwards talks about his private catering business and travelling to the annual World BBQ Championships in Memphis, Tennessee. What does your business do? We're a private caterer and we cater to corporate... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments

Christopher Niesche: Winners and losers from Australia's car industry consolidation

COMMENT There's nothing like that new car smell, but fewer Australians are inhaling the intoxicating mix of plastic, adhesives and sealers that come with a recently-purchased vehicle.Declining car sales are hurting car dealers'... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments

How radio boss Phil Leahy went from 'depressed and bankrupt' to millionaire

Phil Leahy was bankrupt, humiliated, depressed and struggling to pay the bills. Then, one single Silverchair album changed his life. Phil Leahy had a long, successful career in the radio business — so when his company folded and... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments

Mark Lister: Not too hot, but not too cold – just how investors like it.

COMMENT: Are we back in the Goldilocks zone for the world's sharemarkets? It sure feels that way. This analogy arises when economic growth is reasonable, but not so strong that inflation takes off allowing central bank to leave... Source: NZ Herald Business News

By | April 28th, 2019|Business|0 Comments