Dene Mackenzie

Euro troubles continue

A further financial crisis in Greece yesterday caused chaos on world financial markets after credit rating agency Standard & Poor's downgraded Greek bonds to junk status.

NZ markets fall as Greece credit cut to junk

NZ markets fall as Greece credit cut to junk

The New Zealand NZX-50 fell 0.6% within minutes of opening this morning, following the lead of the Dow Jones Industrial Average which lost nearly 2% overnight.

Trans-tasman tax tracks compared

Trans-tasman tax tracks compared

It was crucial New Zealand remained competitive with Australia in tax rates as this country looked to attract both labour and capital, Deloitte associate tax director Peter Truman said yesterday.

Financial advisers warn of higher fees

Financial services advisers are warning that fees charged to clients will have to increase as commissions are scrapped voluntarily.

Business recovery van to rescue

Business recovery van to rescue

Parked in the Edgar Stadium car park and being buffeted by strong winds and rain, the Plan-b mobile workspace and technology van looked right at home.

Prospective adulterers should proceed with caution

A website designed to help people have extra-marital affairs is about to arrive in New Zealand but a quick check on the internet reveals that the site might not be all it claims to be.

Tax set to figure in Australian and NZ Budgets

Tax set to figure in Australian and NZ Budgets

May is looming as a month of transtasman tax as governments here and in Australia finish preparations to their Budgets.

No changes to cash rate expected yet

Economists are uncharacteristically united in believing the Reserve Bank will on Thursday hold its official cash rate at 2.5%.

Debt, spending on hold

Debt, spending on hold

New Zealanders appear to be resisting discounted retail goods and extended time-payment periods, instead focusing on repaying debt.

Govt to redirect using $1.8 billion

Govt to redirect using $1.8 billion

Finance Minister Bill English has identified $1.8 billion of lower-quality Government spending that will be redirected over the next three years into high-priority areas such as health and education.