New Zealand business confidence fell for a second month, with the agricultural sector remaining pessimistic about the general economic outlook and profits, while construction remained the most bullish. A net 32 percent of firms expect general business conditions to improve in the year ahead, according to the ANZ Business Outlook, down from 35 percent in the March survey. Firms seeing …

Summerset Group, the retirement village operator and developer, is on track to meet its build target this year, and sees growth opportunities in aged care services to complement its apartments and villas. The Wellington-based company is on track to deliver more than 200 retirement units and 70 more care beds this year, as it looks to reach an annual construction …

Wellington institutional broking firm Woodward Partners ranks the risks to MightyRiverPower of the Labour and Green parties’ new electricity policy as moderate, and far lower than many other risks the company faces. A research report from Woodward analyst Nick Lewis ranks the Labour-Greens policy 10th in a list of 16 risks faced by the state-owned power company, 49 percent of …