Stories by Gyles Beckford
News
Inflation slows to 1.7 percent
A fall in petrol prices has pulled back the rate of inflation, and doused any prospect of higher interest rates in the medium term.
Banks likely to pass on profit pinch
Borrowers are likely to face higher interest rates as banks move against a cooling housing market, tougher competition and more expensive money.
EU and Japan sign free trade deal
The European Union and Japan have agreed on the outline of a free trade deal to create the world's biggest open economic area.
Suncorp ups offer for insurer Tower
Australian insurance company Suncorp has increased its offer for local operator Tower.
'Corruption is real in New Zealand, it's happening'
About a fifth of companies in Deloitte's latest survey have detected some form of corruption, most commonly through tip-offs or whistleblowing.
Reserve Bank asks for debt-to-income powers
Sixty percent of Auckland home owners have mortgages greater than five times their income, the Reserve Bank says.
Natural disasters taking toll on Tower insurance
Insurance company Tower has reported a smaller half year loss as it managed to cut costs but was hit by hefty claims from a string of natural disasters.
NZ at 40% risk of housing bust - Goldman Sachs
New Zealand's housing market has a 40 percent chance of going bust in the next two years, according to the investment bank.
3-2-1: Rocket Lab to blast off next week
The country's only rocket company is set to attempt its first commercial launch into space.
ANZ Bank makes bigger first-half profit
The country's biggest bank, ANZ, has wracked up a solid rise in its profit on the back of increased deposits and lower costs.
Mega media merger unlikely to get approval
A mega-merger to unite the country's two biggest media groups will likely get the thumbs down from regulators, says a competition law specialist.
Mortgage rate rises could hit ill-prepared hard
Rising interest rates are expected to pose little difficulty to most borrowers, but a significant minority seem ill-prepared, a survey has found.
Com Com delays NZME-Fairfax decision again
A decision on the proposed merger between NZME and Fairfax NZ has been deferred for a second time after the two companies tabled a lengthy new submission.
Reserve Bank keeps OCR at 1.75%
The Reserve Bank has kept the benchmark Official Cash Rate on hold at its record low of 1.75 percent and reiterated it will stay there for some time.
Rocket Lab gets cash boost
The country's only rocket company - Rocket Lab - has scooped $US75 million ($NZ107m) in new funds to help its first commercial launch this year.
NZME-Fairfax merger decision delayed
A decision on the proposed merger between media groups NZME and Fairfax New Zealand has been delayed for a month.
Australia's Downer buys Hawkins Construction
The country's second biggest construction firm Hawkins has been bought by Australian engineering giant Downer EDI.
Sky's share price slumps after Vodafone merger declined
Sky TV's share price has slumped to its lowest level in eight years after the Commerce Commission torpedoed its plans for a merger with Vodafone. Video
Spark goes to court for Sky TV merger delay
Telecommunications company Spark and Sky Television will face off in court on Wednesday over the future of a merger that has yet to be approved, let alone put in place.
Spark first half profit jumps due to IT services and mobile
The telecommunications company, Spark, has reported a near 13 percent rise in its first half profit on the back of a lift in mobile earnings and IT services.
A2 Milk first-half profit skyrockets on booming sales
The speciality infant formula and milk products company, a2 Milk, has nearly quadrupled its first-half profit on the back of booming sales in China and Australia.
Canadian company offers $197m for Tower Insurance
A Canadian insurance and investment company has made a bid for troubled local insurer Tower.
Reserve Bank holds OCR at 1.75%
The Reserve Bank has held its benchmark interest rate at a record low and signaled the next move will not be for some time.
Spark makes takeover offer for TeamTalk
Telecommunications company Spark has made an offer to buy out market minnow TeamTalk.
Reserve Bank Governor to step down in September
Reserve Bank Governor Graeme Wheeler will not seek a second term and will step down from the role in September.