Use of rate reprieve advised
Use of rate reprieve advised
The market has provided borrowers with a reprieve and they should consider using it, BNZ interest rate strategist Kymberly Martin said yesterday.
Dene Mackenzie
Big job covers territory
Big job covers territory
Newly appointed Credit Union South chief executive Tania Dickie has some daunting territory to cover, with branches stretching from Nelson to Invercargill and points in between. Business editor Dene Mackenzie caught up with Ms Dickie this week.
Aucklander tipped for Dunedin South
Aucklander tipped for Dunedin South
Auckland property manager Hamish Walker is understood to be the frontrunner to be named next week as the National Party's candidate for Dunedin South.
Pricing delay hits Chorus shares
Pricing delay hits Chorus shares
Chorus shareholders took another hit on their investment yesterday when the Commerce Commission said it was delaying the final pricing principle (FPP) review for access to the company's copper wire network.
Super fund continues to give steady returns
Super fund continues to give steady returns
The New Zealand Superannuation Fund returned 1.41% on its $25.5 billion of assets in March, taking the annual return to 18.1%.
Goodman directors support new deal
Goodman directors support new deal
Goodman Fielder directors are supportive of a revised deal which will see Wilmar International and First Pacific Company pay A70c for the food manufacturing company, A5c a share above the initial offer.
Credit Union names chief executive
Credit Union names chief executive
Tania Dickie has been appointed chief executive of Dunedin-based Credit Union South, the first woman to achieve the role.
Growth pulse more consistent
Growth pulse more consistent
Slight apprehension about the latest retails sales detail had been soothed by April's Performance in Services Index (PSI), BNZ senior economist Craig Ebert said yesterday.
Climate change set to affect credit risk
Climate change set to affect credit risk
Climate change, and specifically global warming, will be the second global mega-trend to affect sovereign credit risk through the rest of the century, Standard and Poor's says.
Auckland airport predicts up to 5.5% international visitor growth
Auckland airport predicts up to 5.5% international visitor growth
Auckland International Airport yesterday released its new international visitor ambitions which, if met, could have a significant impact on the national economy.
Lumo/IEA review in view of likely sale
Lumo/IEA review in view of likely sale
Infratil would embark on a six-month strategic review of Lumo/IEA with the likely goal of selling them, Craigs Investment Partners broker Chris Timms said yesterday.
Hillary Clinton and her formidable backers
Hillary Clinton and her formidable backers
The first few chapters of Jonathan Allen and Amie Parnes' new book HRC: State Secrets and the Rebirth of Hillary Clinton could easily be mistaken for a political thriller.
The key to it all? The surplus
The key to it all? The surplus
Finance Minister Bill English has used a wafer-thin surplus to undercut Opposition policies while using some creative spending ideas to try to improve National's chances of re-election in September.
Small surplus, lift in spending
Small surplus, lift in spending
Finance Minister Bill English yesterday confirmed the Government's accounts would move to a wafer-thin surplus next year as he increased further annual Budget allowances to $1.5 billion.
Super fund payments by 2020
Super fund payments by 2020
The Government has not changed its stance on the age of eligibility for superannuation remaining at 65 years, but said contributions to the ''Cullen Fund'' could resume by about 2020.
Police funding held at $1.46b
Police funding held at $1.46b
Core funding for the New Zealand Police flat-lined in the Budget with Police and Corrections Minister Anne Tolley maintaining spending at $1.4 billion a year.
Sector welcomes levy reductions, growth focus
Sector welcomes levy reductions, growth focus
A family-friendly Budget also provided good news for businesses, Deloitte Dunedin tax partner Peter Truman said yesterday.
Scott to buy US robot firm
Scott to buy US robot firm
Scott Technology is spending $US5.4 million ($NZ6.23 million) buying RobotWorx, an industrial robot integrator based in Ohio, North America.
No lolly scramble likely today
No lolly scramble likely today
Finance Minister Bill English is playing down the chance of any election-year bribes in his sixth Budget, being released this afternoon.
New plans boost options for Chorus, consumers
New plans boost options for Chorus, consumers
New copper and fibre plans to be launched by Chorus would offer increased options for consumers wanting an improved internet experience, Forsyth Barr broker Suzanne Kinnaird said yesterday.