The New Zealand economic calendar is quiet this week although
the February reporting seasons starts tomorrow and the
corporate news flow will soon take centre stage in the
The share price of Spark New Zealand ignores the risks Spark
continued to face with its high margin legacy fixed line
calling services migrating to new services as fibre is
installed, Forsyth Barr broker Andrew Rooney says.
The combination of weaker demand and falling terms of trade
would show through in rising Australian unemployment, Forsyth
Barr broker Peter Young said yesterday.
Reserve Bank governor Graeme Wheeler has dampened down any
thoughts he may cut the official cash rate from 3.5%, despite
the Australian official lending rate being likely to fall to
2% by May.
The Reserve Bank of Australia is likely to cut its lending
rate again this year to 2%, which is expected to boost an
already booming Australian housing market.
If you want a quick snapshot of all things New Zealand, today
could be your day.
Queenstown Airport continued its strong overall performance
in December with international passenger numbers 34.4% higher
than the corresponding period last year.
Sky Network Television yesterday released a sports fans pass,
giving unbundled access to some of its key sports - Super
Rugby, NRL and Formula 1.
Mighty River Power says all community services card holders
will be eligible for cut-price electricity rates through its
high-tech Globug pre-pay services.
The robust domestic economy is supporting increases in
employment but it is also encouraging people to look for
work, limiting the fall in the unemployment rate.
cars for sale
Submit your news & photos - Login or
Opinion? Have your say - Login or Register
event or notice
Add a photo
Make ODT my
Otago Daily Times print and digital edition, The
Star - Dunedin, The News - Central Otago, The
Ensign - Gore, Southland Express -
Invercargill, The Courier - Timaru, Queenstown Times - Queenstown, Mountain Scene -
Queenstown, Extra! schools
Times South Canterbury