The political gridlock in the United States is expected to have a positive effect on US financial markets, but brokers do not believe there will be much impact in New Zealand because too many economic problems remain.
New Zealanders appear to be buying into the Government's message of saving rather than spending, judging by the changes included in the Crown accounts for the three months ended September.
Investors caught up in the Government-introduced changes around property company structures are being urged to remain patient.
Evidence suggests the New Zealand labour market continued its trend of slow improvement in the three months ended September, but economists are warning that volatility may cause a surprise.
Voyeurism has gone global on the internet but the recent suicide of a United States freshman after another student allegedly used a webcam to broadcast his sexual encounters in his dorm room has raised the stakes considerably. Technology writer Dene Mackenzie backgrounds the issue...
Investors who lost their money in failed finance companies have been given a glimmer of hope they may be able to claim a tax deduction on the loss in some circumstances.
The proposed "Heartland Bank" is a step closer to getting a banking licence and listing on the NZX, following the release yesterday of a positive endorsement from investment banking firms.
Ministry of Foreign Affairs and Trade economic policy officer Aimee Jephson has embraced her new role for the ministry with much enthusiasm.
The country's export-led recovery has continued for three consecutive quarters, with figures out yesterday showing New Zealand's trade balance was $378 million for the three months ended September.
Otago Chamber of Commerce chief executive John Christie warned yesterday cash flow for businesses would become increasingly important in the last part of the year.
Time was running out for homeowners with floating mortgages to decide whether or not to move to a fixed-term rate, Craigs Investment Partners broker Chris Timms said yesterday.
Otago businesses continued to defy the recession and its fallout, with some showing spectacular growth, Deloitte Dunedin partner Mike Horne said last night.
SmartPay Cadmus managing director Ian Bailey has plenty to be happy about.
Dunedin IT developer Hayden Bell has developed a software program specifically for "smart" mobile phones that could change the way users make real-time live bookings on internet sites.
A proposed $A8.4 billion ($NZ11.05 billion) takeover of the ASX by its Singapore rival is seen as bad for the New Zealand Stock Exchange but now faces tough political hurdles to succeed.
The Yellow Pages Group has hit straight back at New Zealand Post by announcing yesterday the creation of 100 new jobs to be spread across every Yellow office in New Zealand.
The Reserve Bank is widely expected to keep its official cash rate unchanged at 3% on Thursday, and it is likely to stay there for an extended period.
Standard and Poor's is usually quite blunt when it comes to issuing rates on financial institutions and their products. It even gets involved in rating the debt of countries around the world. ...
Listed Restaurant Brands has reported a much improved profit for the six months ended September 13 but has warned that economic storm clouds remain for the company.
Tourism Holdings Ltd shocked the market yesterday by warning it was expecting to report and after-tax loss of up to $1 million for the six months ending December.
