Tax cuts may keep interest up
Tax cuts may keep interest up
The tax cuts announced in Thursday's budget look set to delay any early action by the Reserve Bank to reduce interest rates.
Dene Mackenzie
Tax changes provide some relief for businesses
Tax changes provide some relief for businesses
Frustrated business taxpayers received some help in the budget , Polson Higgs tax partner Michael Turner said yesterday.
Southland bucks trend of slowing economy
Southland bucks trend of slowing economy
Annual economic growth slowed in all but two regions in the year to March, according to the ANZ-National Bank regional trends survey.
Cullen's unfamiliar challenge
Cullen's unfamiliar challenge
Finance minister Michael Cullen finds himself in the unusual position of announcing a budget tomorrow in times of a deteriorating economy.
Broker still rates tourism firms
Broker still rates tourism firms
Air New Zealand, Tourism Holdings and Auckland International Airport are still rated highly by Dunedin-based sharebroker Forsyth Barr despite a reduction in tourist numbers in April.
Gloominess overdone, economist says
Gloominess overdone, economist says
The state of the New Zealand economy is unambiguously morose, Berl economist Ganesh Nana says.
Job losses, taxes on people's minds
Job losses, taxes on people's minds
Job losses and tax cuts dominate the headlines in the lead-up to tomorrow's budget, the ninth to be delivered by Finance Minister Michael Cullen.
Draw of Aust at 7-year high
Draw of Aust at 7-year high
The number of New Zealanders leaving to live in Australia reached a seven-year high last month, Statistics New Zealand figures show.
Support immediately in place
Support immediately in place
Work and Income support was immediately in place for PPCS Burnside workers who learnt yesterday they were losing their jobs, Dunedin South MP David Benson-Pope said.
A third mobile player by Christmas?
A third mobile player by Christmas?
A third significant mobile company operating in New Zealand before the end of the year looks more likely with the investment yesterday by a United States company in NZ Communications (NZC). ...
Services sector takes a hammering
Services sector takes a hammering
Reluctance by consumers to spend as economic times tighten has seen the performance ofthe services index fall to its lowest level since the survey began 13 months ago.
Tax freedom day 5 days earlier
Tax freedom day 5 days earlier
As attention turns to Thursday's budget and the possibility of tax cuts loom large in the minds of voters, taxpayers can tomorrow celebrate Tax Freedom Day.
Tomorrow is the day New Zealanders stop working to pay the nation's tax bill and start earning for themselves, accounting firm Staples and Rodway calculated.
OceanaGold confident of glittering future
OceanaGold confident of glittering future
OceanaGold chief executive Steve Orr yesterday delivered an upbeat report on the company's future to help lift investor confidence and stem the falling share price.
Kiwibank's lead augurs well for homeowners
Kiwibank's lead augurs well for homeowners
Two-year fixed mortgage rates moved below 9% for the first time in six months yesterday when Kiwibank cut the benchmark rate to 8.99%.
OceanaGold pays price
OceanaGold pays price
Oceanagold's share price has been hammered this week in the wake of the cost blow-out announcement made on Monday.
Consumers shut their wallets as cost of living rises
Consumers shut their wallets as cost of living rises
Retail sales fell 1.2% in March, the biggest fall since March 1997 and an indication that households are starting to struggle to meet their living expenses.
South leading the country
South leading the country
Otago-Southland manufacturers lead the country in activity, as other regions continue their sluggish run, according to the latest performance in manufacturing index (PMI).
High prices credited for expected improved profit
High prices credited for expected improved profit
High wholesale electricity prices are likely to be reflected in a much improved fourth quarter profit for energy company TrustPower.
Australian budget highlights tax rates
Australian budget highlights tax rates
The Australian budget again drew a stark comparison about the tax rates wages and salaries earned in New Zealand, Deloitte Dunedin tax partner Steve Thompson said yesterday.
Greying of the National Party
Greying of the National Party
The National Party's southern region faces a grey future.