Queensland is poised to change its trade rules tomorrow in a move New Zealand has labelled a “little bit crazy”.

The outgoing head of the Reserve Bank has given a solid defence of his policies over the past five years, and says there should be no rush to ease housing loan rules.

The economy is set to grow at more than 3 percent over the next couple of years as it continues to be driven by immigration, tourism and improving commodity prices, says NZIER.

Fonterra is taking a 10 percent stake in Lithuania’s biggest dairy producer, AB Rokiskio Suris.

The New Zealand Oil & Gas company, which an Australian company is aiming to take over, has stormed back into profit on the proceeds of an asset sale.

Metlifecare has made a strong full-year profit, with steady demand for retirement units and aged care beds, driving up margins and valuations.

The country’s biggest port operator has posted a solid rise in profit as it handled a record numbers of containers.

The Tiwai Point aluminium smelter looks likely to stay open, according to the company most closely associated with its daily operations.

Slowing house prices, lending restrictions and lack of supply are adding to falling optimism in the property market, according to a new survey.

Media company NZME has recorded a first-half net profit of $7.8 million, with revenue down 3 percent for the six months ending in June.