Small and medium-sized enterprises were at risk of serious cash flow problems if their customers did not pay their bills on time, Otago Chamber of Commerce chief executive John Christie said.
The Government would consider forgoing its target of returning its accounts to surplus by 2014-15 if the global economy deteriorated further, Prime Minister John Key indicated in a speech yesterday.
Europe's woes continue to weigh heavily on world economies as the World Economic Forum of the global business elite starts at Davos, in Switzerland.
The faith in the integrity of the Inland Revenue Department may be shaken following the sentencing last week of a former department employee for, among other things, tax evasion.
Widespread cyber attacks against government and entertainment industry organisations are likely to continue after "hacktivist" group Anonymous yesterday took down several high-profile United States websites.
The Reserve Bank is unlikely to lift its official cash rate (OCR) before December, but market observers will be carefully watching the tone of the statement to be released on Thursday by bank governor Alan Bollard.
A period of relative calm awaits Telecom in 2012, Craigs Investment Partners broker Chris Timms says.
New Zealand's economic recovery is close to stalling with benign inflation moving official cash rate hikes off the agenda.
Changes are being sought to the terms and conditions that govern the KiwiSaver provider schemes to prevent a potential $14 billion retirement savings time bomb.
Labour spokeswoman for broadcasting and disability issues Clare Curran is writing to Speaker Lockwood Smith asking for captions to be provided on Parliament Television.
Further consolidation of KiwiSaver providers is likely after the announcement yesterday that Government-owned Kiwibank has bought Gareth Morgan Investments' businesses.
The Quarterly Survey of Business Opinion came across as "reasonable enough", consistent with expected economic growth, BNZ senior economist Craig Ebert said yesterday.
Choosing the correct KiwiSaver fund is particularly important for young savers as they will spend the most time invested in the schemeForsyth Barr savings specialist Damian Foster is hoping that moves across the Tasman will also encourage greater engagement by young savers with their KiwiSaver accounts.
The Otago economy is poised to have an outstanding year and is being tipped by Otago Chamber of Commerce chief executive John Christie to outperform the rest of the country.
Markets reacted well after China's gross domestic product (GDP) figures came in ahead of expectations.
New Zealanders wanting to show their online loyalty will get the chance next year when the Dot Kiwi (.kiwi) domain name is expected to become available.
This year could be the one in which chief information officers go from zero to hero, according to Andrew Fox, head of mobility at SAP ANZ.
Food prices rose 0.2% in December to give an annual food price increase of 2.9%, Statistics New Zealand figures released yesterday showed.
A deepening recession in Europe would significantly harm growth prospects in China, a major concern for the International Monetary Fund and the European Central Bank.
The Labour Party's deputy leader, Grant Robertson, is preparing for a busy year ahead as Labour starts its rebuilding process. Mr Robertson, formerly of Dunedin, sits down with Otago Daily Times political editor Dene Mackenzie.