SkyCity Entertainment Group shares rose to the highest level in 5 ½ years after the Auckland-based casino and hotel company inked a deal to build a $402 million convention centre in exchange for increased gambling concessions. SkyCity shares rose 3.4 percent to $4.55, the highest since November 2007, after the deal was announced in Auckland by Economic Development Minister Steven …

The number of New Zealand house sales slipped from a six-year high last month, with prices deflating a little, though the national market is still being driven by the country’s two biggest cities, Auckland and Christchurch. Agents sold 7,104 houses in April, down 13 percent from March, though up by 25 percent from the same month last year, according to …

Jade Corp spin-off Wynyard Group has all but announced it will list on the NZX within the next two months, subject to the fast-growing intelligence software group’s shares being accepted by the local bourse. Chaired by former Treasury Secretary Murray Horn, Wynyard has appointed advisers and a broker to raise funds “to accelerate its international growth strategy and meet the …