Reserve Bank losing currency battle
Reserve Bank losing currency battle
The Reserve Bank is fighting a losing battle trying to talk down the value of the New Zealand dollar, BNZ currency strategist Mike Jones says.
Dene Mackenzie
Change of heart for National Party
Change of heart for National Party
What a difference a year makes for the National Party - a change for the better as far as involving its members and being decidedly more open than for many years.
Schools put on notice
Schools put on notice
Secondary schools with under-performing groups of Maori and Pacific Island pupils will be given firm instructions by Education Minister Hekia Parata on what they need to do to improve.
Soft wage data likely
Soft wage data likely
Employment is expected to have fallen marginally in the three months ended March with wage inflation forecast to remain subdued.
Euro zone's woes deepen as Spain's debt rating cut
Euro zone's woes deepen as Spain's debt rating cut
Europe's financial woes deepened yesterday as Standard and Poor's cut Spain's sovereign debt rating by two notches and warned that the government's budget situation was worsening and it was likely to have to prop up banks.
Joyce wants university's engagement
Joyce wants university's engagement
Steven Joyce has vowed to do all he can to encourage universities to be more actively involved in their business communities when he becomes the Minister of Business, Innovation and Employment on July 1.
Favourite characters from the fiction factory
Favourite characters from the fiction factory
Clive Cussler is a writing machine, releasing books written in conjunction with other writers at regular intervals.
Budget likely to be far from dull
Budget likely to be far from dull
Finance Minister Bill English had indicated his Budget 2012, to be delivered on May 24, will be a "zero budget" with no new spending. Business editor DeneMackenzie scrutinises a speech Mr English made yesterday looking for clues as to what we can expect next month.
MP 'outraged' over Hillside decision
MP 'outraged' over Hillside decision
The Government and KiwiRail have been accused of showing disrespect and disregard for Dunedin with the unexpected announcement the KiwiRail Hillside Engineering was for sale.
Intervention a 'dangerous approach'
Intervention a 'dangerous approach'
Reserve Bank governor Alan Bollard seemed to be calling the bluff of the currency markets with his hints the central bank would reassess the outlook for monetary policy settings should the exchange rate stay high.
OCR consistency putting pressure on bank margins
OCR consistency putting pressure on bank margins
Bank margins appear to be coming under pressure as Reserve Bank governor Alan Bollard yesterday announced he was keeping the official cash rate (OCR) at 2.5%.
'La la land' seen as place to go
'La la land' seen as place to go
Frustration at the lack of action from both the Reserve Bank and the Government in dealing with the country's monetary policy boiled over yesterday as the official cash rate stayed at 2.5%.
Calls continuing for currency target
Calls continuing for currency target
Calls are continuing for the Reserve Bank to include a currency target in its decision-making process when it decides on how and when to move its official cash rate.
Consultant clocks up the air miles
Consultant clocks up the air miles
Dunedin accountant Scott Mason is a tax enthusiast. His new role of managing principal of taxation consulting for New Zealand for WHK provided some new challenges, he told business editor DeneMackenzie.
Criticism of ports' productivity
Criticism of ports' productivity
The Productivity Commission has again levelled criticism at workplace productivity and governance of New Zealand ports, holding up the Port of Tauranga as a model to follow.
Joyce confirms new ministry will proceed
Joyce confirms new ministry will proceed
The Government's super-ministry, to be headed by Economic Development Minister Steven Joyce, will proceed as planned on July 1, despite union criticism over possible job losses and damaged morale.
No hearings in Dunedin
No hearings in Dunedin
Dunedin will not be included in the Government's public hearings process on asset sales legislation, something that frustrates Dunedin North MP David Clark.
'Mondayise' holidays as advised, Govt urged
'Mondayise' holidays as advised, Govt urged
The Government is being urged to follow its own advice and approve the "Mondayisation" of public holidays such as Anzac Day and Waitangi Day when they fall at a weekend.
Jade reports stronger position
Jade reports stronger position
Christchurch-based software developer Jade Software has entered the final year of its business transformation plan in a stronger financial position than last year after reducing its loss in the year ended December.
New CEO high-performance package
New CEO high-performance package
The appointment of Simon Moutter as the new chief executive of Telecom will have investors hoping for many happy returns as Mr Moutter returns to an industry he knows well.