News from the business sector, including a market report.

Home renovations are still a favoured avenue for many New Zealanders who'd rather D=I=Y than than sell up and re-enter the housing market.

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

The carpet manufacturer Cavalier Corporation has made a net loss of 16-point-8-million-dollars after selling its wool scouring business and incurring non-cash writedowns.

New Zealand Oil & Gas has posted an annual loss and suspenbded dividends after pulling out of exploration projects in Indonesia and New Zealand.

Media company NZME has reported a big drop in profit and revenue, as it continues to focus on developing digital revenue streams and building subscriber numbers.

Tourism Holdings' full year profit is down by more than half on the back of tough trading conditions in the US market.

A brief update of movements in the financial sector.

News from the business sector, including a market report.

A brief update of movements in the financial sector.