Dene Mackenzie

Negative interest rates make bank deposits pointless

The surprise decision by the Bank of Japan to implement a negative interest rate once again puts the spotlight on this unconventional monetary policy tool.

Agricultural groups back TPP

Agricultural groups back TPP

Agricultural groups came out in support of the Trans Pacific Partnership trade agreement soon after it was signed in Auckland yesterday by trade ministers representing the 12 signatory countries.

Auckland Airport tops record for international passengers

The number of international passengers through Auckland Airport in December 2015 was the highest yet for a single month, the listed airport company said in release to the market.

Stellar finish to Briscoe’s year

Stellar finish to Briscoe’s year

Briscoe Group reported a strong finish to its 2016 financial year with a stellar fourth-quarter sales update and guidance ahead of expectations, Forsyth Barr broker Suzanne Kinnaird said yesterday.

Wheeler says RB to be flexible

The Reserve Bank is prepared to cut its official cash rate below the current 2.5% should concerns deepen around the prospects for the global economy and its impact on New Zealand.

Dip in unemployment as participation rate falls

The December labour market report from Statistics New Zealand paints an inconsistent view of the labour market.

Business leaders support TPP

Business leaders support TPP

Heads of New Zealand's leading business organisations have thrown their support behind the signing in Auckland tomorrow of the Trans Pacific Partnership trade agreement.

Reserve Bank’s thoughts awaited

Reserve Bank’s thoughts awaited

The speech today by Reserve Bank governor Graeme Wheeler takes on extra significance, given the decision last week by the central bank to leave the official cash rate unchanged at 2.5%.

Fletcher Building restructures

Fletcher Building could be positioning itself for a break-up and possible sale of divisions after yesterday announcing a structural change, Craigs Investment Partners broker Peter McIntyre said.

Move by IRD on student debt praised

Move by IRD on student debt praised

Taxpayers should be grateful to Inland Revenue for pursuing people living overseas to try to get them to pay money owed through student debt, Polson Higgs tax principal Michael Turner said yesterday.