Stories by Gyles Beckford
News
Inflation hits lowest level in 3.5 years
Economists expect the Reserve Bank to continue slashing rates, with another 50 basis point cut expected next month. Audio
Can the Reserve Bank claim victory over inflation? What economists say
The Reserve Bank should be able to break out the 'Mission Accomplished' banner this week when inflation returns to the safety of its target band.
'Not in great shape' - New figures reveal Budget deficit growing
The government's finances are worse than expected amid a slowing economy and growing expenses.
Reserve Bank gives in to pressure with massive OCR cut
Analysis - The Reserve Bank could not hold off from growing outside chatter as it dropped the OCR to an 18-month low today, Gyles Beckford writes.
Fonterra's full year profit eases back
It was lower than last year's record high, but still topped the billion dollar mark.
KiwiSaver 'coming of age' with strong growth in savings
KiwiSaver funds have grown at their fastest rate in four years, surging through the $100 billion mark, but with increases in those drawing down for retirement, buying houses, hardship and leaving the…
US central bank kicks off interest rate cuts
The Federal Reserve has cut interest rates by a bigger-than-expected 0.5 percentage points in its first reduction in more than four years.
Economy goes backwards again
The economy shrunk by 0.2% in the June quarter and for the year.
Synlait shareholders decide it's 'worth saving'
Shareholders have voted overwhelmingly to approve a range of measures to restore its finances and save the company.
Mortgage rate battle continues as another bank cuts home loans rates
Banks are following the market's biggest lender, ANZ, as it cuts rates.
Inflation pressures show signs of easing, consumers still reluctant to spend
A slew of Stats NZ data showed food prices rose 0.2 percent in August on July, but the annual rate eased to 0.4 percent.
ACC proposes levy hikes that will cost homes and businesses
It says the number of injuries has been rising, as has the cost of treating them and rehabilitation.
Contact to take over Manawa Energy in near $2.3b merger
Manawa is a renewable power generator left over after former Trustpower sold off its retail business.
Du Val Group: Receivers query irregular accounting, valuations
A PwC report has highlighted irregular accounting, questioned valuations of assets, and related party transactions which led to the group being placed into statutory management last month.
Stiff penalties proposed for supermarkets after no improvement
The Commerce Commission says it's planning to ramp up regulation and enforcement.
Fletcher Building reaches multi-million dollar settlement over leaky pipes
It has just told the NZ stock market that it will have to set aside $168 million in its next financial statement to cover the settlement.
Auckland property investor and developer Du Val Group put in statutory management
Authorities have tightened their control of Auckland property investor and developer Du Val Group by having it placed in statutory management.
A2 Milk, Synlait settle year-long dispute over infant formula
Synlait says settling the dispute is another step in the company's recovery.
'Energy fretting' becomes a year-round, national event
Analysis - For the second time in three months the whiff of panic has enveloped the country's power sector.
Firm offers up to $590 million to take over The Warehouse Group
Australia's Adamantem Capital has made an unsolicited offer to take over the group, with the backing of founder Sir Stephen Tindall.
ComCom still has doubts over proposed Foodstuffs North and South Island merger
The Commerce Commission still has considerable doubts about the proposed merger between the North and South Island Foodstuffs grocery groups.