New Zealanders not in KiwiSaver should join as soon as possible as uncertainty continued around the future of superannuation funding in New Zealand, financial adviser Peter Smith said yesterday.
Finance Minister Bill English yesterday delivered a Budget for the times, one that struck a balance between delivering support to the economy and being responsible about long-term expenses and debt.
Scottish singer and songwriter Isla Grant opened her heart and soul to a nearly packed Regent Theatre on Wednesday evening and by doing so she smothered the audience in warmth and nostalgia.
Tax cuts planned for next year and 2011 have, as expected, been deferred by the Government.
New Zealand's public sector has a large role to play in the recovery of the economy from recession and Finance Minister Bill English made it clear yesterday that hard work already started needed to continue.
Finance Minister Bill English achieved something that seemed almost impossible a month or so ago in having the country's credit ratings maintained near the top of the range.
The Government is committed to maintaining New Zealand Superannuation entitlements at their current level but will need to explain how it intends funding them.
Saving and supporting jobs during the recession appeared top of the list for Finance Minister Bill English when he released his first Budget of the new National-led administration yesterday.
Measures implemented by the National-led government in 1990 and 1991 to move New Zealand out of recession are being considered by the Government.
The Commerce Commission will have every reason to feel quietly pleased with itself tomorrow, given the sudden outbreak of competition in New Zealand's telecommunications industry.
The budget to be released this afternoon by Finance Minister Bill English has been called the most important in New Zealand's history.
Fisher & Paykel Appliances, which recently closed its Mosgiel manufacturing operation, put its shares into a trading halt yesterday while it finalises its refinancing.
Oceana Gold chief executive Steve Orr will leave the gold mining company on June 30, but the market is not reading anything sinister into the announcement.
Hot from Parliament comes the latest craze adopted by Labour Party MPs who found themselves at a loss for things to do while the Auckland Super City legislation ground its way through the House.
Finance Minister Bill English faces a real test of character on Thursday when he releases his first budget of the new National-led administration.
The prospect of a national fibre-optic company in New Zealand has refocused attention on to fibre-to-the-home solutions. Qualcomm Australia country manager Rob Hart tells business editor Dene Mackenzie that focus is too narrow, given the broadband technologies that are starting to be deployed internationally.
Music downloads and social networking are part of Telecom's master plan to appeal to a younger audience of cellphone users with the launch of its new fast XT network yesterday.
Sharebrokers have been distinctly underwhelmed by Telecom's new XT mobile network announcements, which lacked some pricing detail and future plans except for some "cloud proposals".
Telecom is due to officially launch its new fast XT mobile network next Friday. Group chief executive Paul Reynolds told business editor Dene Mackenzie that Telecom was changing the game for mobile by having fewer plans that were less complicated.
Ryman Healthcare's 6% fall in profit before tax in the year ended March prompted mixed reviews from brokers.
