Air NZ drives share market to new high

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Air NZ drives share market to new high

3News NZ

Michael Wilson

Michael Wilson

The New Zealand share market has hit a five-year high following a healthy profit gain by Air New Zealand.

And on Wall Street, investors don't seem to concerned that the March 1 'sequester' deadline is just a day away.

Also, drought conditions threatens farmers across the North Island – what impact could it have on the dollar?

3 News business editor Michael Wilson talks business – watch the video.

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Comments

5/03/2013 4:02:20 p.m.

righteo wrote:

Never thought an airline would be socially destructive but the geniuses behind Air New Zealand seem to have a better grasp of how to do this than most third world countries. Privatisation and new management needed asap.