Dene Mackenzie

Demand for Genesis 'unprecedented'

Demand for Genesis 'unprecedented'

Severe scaling of Genesis Energy share allocations is likely to push the share price higher when the last of the Government's energy company sell-downs lists on the NZX at 1pm today.

Falling dairy prices, high kiwi dampen inflation

Falling dairy prices, high kiwi dampen inflation

Interest rates are sure to rise next week but falling dairy prices and the continually high New Zealand dollar may cause the Reserve Bank to rethink its strategy to curb inflation.

Abano mired in dispute with shareholder

Abano mired in dispute with shareholder

Abano Healthcare appears to be stuck in gridlock as the company's biggest shareholder and former director, Peter Hutson, remains at loggerheads with the board.

English promises jam in the future

Finance Minister Bill English is promising ''jam tomorrow'' for wage earners, as long as the Government is re-elected on September 20.

Council planners, regulations blamed for housing unaffordability

Council planners, regulations blamed for housing unaffordability

Finance Minister Bill English hit out yesterday at local body planners and councillors for contributing to the growing unaffordability of housing in the country's least affordable cities.

Cunliffe attacks Dunedin 'vendetta'

Cunliffe attacks Dunedin 'vendetta'

The Government had a vendetta against Dunedin, Labour Party leader David Cunliffe said in an interview in the city yesterday.

Difficult to pick end of volatility

Difficult to pick end of volatility

It was difficult to say when the current period of sharemarket volatility would end or how much further markets would fall before finding stability, Craigs Investment Partners broker Chris Timms said yesterday.

Bowel screening priority: Cunliffe

Bowel screening priority: Cunliffe

Preventing the deaths from bowel cancer of people in Otago and Southland was a priority for the Labour Party, leader David Cunliffe said in Dunedin yesterday.

Inflation likely unchanged

Inflation likely unchanged

Annual inflation is expected to have remained at 1.6% in the 12 months ended March but that will be only temporary, with economists picking inflation to creep up to 2% in the next couple of years.

Nasdaq fall not tech wreck

Nasdaq fall not tech wreck

The technology-rich Nasdaq Composite index fell more than 3% yesterday but brokers are ruling out a ''tech wreck'', as seen in past years. Nonetheless, concerns about the sector are starting to emerge.