Dene Mackenzie

Allied shareholders in favour of plan

Allied shareholders in favour of plan

The Allied Farmers proposal to buy the assets of failed finance company Hanover Finance took a major step forward yesterday when Allied shareholders voted in favour of the plan.

Avoid 'stat daze', firms told

Christmas and New Year statutory holidays are again likely to cause confusion for employers, who are being urged to seek professional advice to avoid making pay errors to their workers.

Positive signs but bumpy road: English

Positive signs but bumpy road: English

The Treasury's latest monthly economic indicators provided a mixed view of the economy and reinforced risks around the shape of the recovery, Finance Minister Bill English said yesterday.

Fast-growing Twitter being taken seriously

Fast-growing Twitter being taken seriously

Twitter is the new "black" when it comes to technology.

Official cash rate unlikely to change

Official cash rate unlikely to change

The Reserve Bank on Thursday is expected to keep the official cash rate (OCR) at 2.5%, despite the Australian central bank last week lifting its main lending rate 0.25% to 3.75%.

Official cash rate unlikely to change

The Reserve Bank on Thursday is expected to keep the official cash rate (OCR) at 2.5%, despite the Australian central bank last week lifting its main lending rate 0.25% to 3.75%.

Government now borrowing $450 million a week – claim

Government now borrowing $450 million a week – claim

The Government is borrowing about $450 million a week, well up from the $250 million a week previously revealed, BNZ Capital economist Craig Ebert says.

English taken to task

English taken to task

Labour Party finance spokesman David Cunliffe yesterday used the release of the Government's accounts to renew his attack on Finance Minister Bill English's handling of the economy.

A hint of good news in operating deficit

A hint of good news in operating deficit

The Government's accounts plunged further into the red in the four months ending October but there is a hint of good news, contained in Treasury figures released yesterday.

Playing the debt card

Finance Minister Bill English has been quick to blame the previous Labour government for the fact he needs to borrow an average of $250 million a week. Labour, for its part, blames National's tax cuts for the need to borrow so much.