Leaving it to professionals
Leaving it to professionals
Credit checks and chasing bad debts are not part of Bruce Robinson's core business as a property manager for Premier Properties (Otago).
Dene Mackenzie
Job losses predicted to be worst for 20 years
Job losses predicted to be worst for 20 years
Treasury figures are now suggesting unemployment in New Zealand is going to reach levels not seen for 20 or more years.
Skellerup lowers forecast
Skellerup lowers forecast
Tougher conditions in offshore markets have affected Skellerup Holding's second-half trading.
Survey signals more contraction
Survey signals more contraction
Any thoughts that the New Zealand economy was improving were dispelled yesterday with the publication of the influential New Zealand Institute of Economic Research (NZIER) quarterly survey of business opinion.
Dunedin pasta producers have recipe for trying times
Dunedin pasta producers have recipe for trying times
Pasta D'Oro owners Vito Iannece and Penny Dawson are really hoping a food trend seen in Europe during the current recession takes off in New Zealand.
Tough times prompt council to ease criteria for marketing fund
Tough times prompt council to ease criteria for marketing fund
Dunedin businesses wanting to market to current customers and suppliers will now be able to apply for funding through the Dunedin City Council's economic development.
World snaps up firm's inventions
World snaps up firm's inventions
Necessity really did prove to be the mother of invention for T. L MacLean managing director Barry Armour.
NZ dollar rises as global equities rally
NZ dollar rises as global equities rally
The New Zealand dollar got close to US60c yesterday as sentiment about the global economy improved and investors started looking for better returns.
BNZ says customers more confident than in March
BNZ says customers more confident than in March
Bankof New Zealand clients were feeling much more optimistic about the economy last Friday than
Markets respond to G20 initiatives
Markets respond to G20 initiatives
Financial markets around the world took heart yesterday from the G20 summit agreement on stronger regulation of financial markets and a huge input of funding aimed at stimulating credit markets and helping countries in financial distress.
Treasury forecasters get it wrong again
Treasury forecasters get it wrong again
Treasury has again significantly miscalculated the state of the economy, with the latest government accounts showing that tax revenue and receipts are about $1.8 billion lower than forecast before the election.
Bollard questions rise in fixed-term home lending rates
Bollard questions rise in fixed-term home lending rates
Retail banks could have been too hasty in pushing up their longer-term fixed home lending rates last week and might have been acting in self interest rather than the best interests of their customers.
Scott Technology cuts its loss but not paying dividend
Scott Technology cuts its loss but not paying dividend
Dunedin-based Scott Technology managed to substantially reduce its operating loss in the six months ended February but will not pay a dividend for the period.
Cancer diagnostic patent major step
Cancer diagnostic patent major step
Dunedin-based Pacific Edge Biotechnology Ltd has been awarded a patent in Singapore for its bladder cancer diagnostic in a step expected to eventually generate annual revenue of more than $100 million.
Tax cuts a 'shot in the arm'
Tax cuts a 'shot in the arm'
Tax cuts that take effect today will deliver a billion dollar a year boost to the economy while changes to the business tax regime will help companies get through the recession, Finance Minister Bill English said.
Development unit boost for businesses
Development unit boost for businesses
The Dunedin City Council yesterday unanimously approved increased funding for its economic development unit which has decided to launch a campaign to help city businesses cope with the current challenging economic circumstances.
Homeowners urged not to panic
Homeowners urged not to panic
Homeowners considering what to do about their mortgages are being urged not to panic as that only adds to the pandemonium in financial markets.
TiVo no threat to Sky, broker believes
TiVo no threat to Sky, broker believes
The decision by Television New Zealand to introduce TiVo for paid internet television downloads is unlikely to hurt Sky Network TV, Forsyth Barr broker Peter Young says.
NZ now full year in recession
NZ now full year in recession
The Government continues to blame the previous Labour administration for exacerbating the downturn in the economy while acknowledging the role of the global recession.
New life needed in Otago rugby
New life needed in Otago rugby
Otago-Southland Employers Association chief executive Duncan Simpson has become a loyal Otago rugby supporter in his nearly 10 years in the city.