Dene Mackenzie

ASB profits soar to $886m

The ASB Bank has reported a substantially improved profit for the year to June, helped by improved economic conditions, ASB incoming chairman Gavin Walker says.

Time to deal with debt loads: economist

Central banks have almost run out of options on how to help stave off the latest volatility in world economies, BNZ senior economist Craig Ebert says.

Super funds may have to rethink strategy

Super funds may have to rethink strategy

Superannuation funds, including KiwiSaver, will need to rethink their investment strategies if the partial sale of state-owned assets is delayed, Deloitte Dunedin managing partner Steve Thompson says.

Companies on mend after quakes, data shows

South Island companies appear to be recovering after the Canterbury earthquakes, the latest Deloitte South Island Index shows.

Parker contesting Epsom seat

Parker contesting  Epsom seat

Labour Party list MP David Parker has been confirmed as its Epsom candidate, a move sure to lift his public profile as he continues to work to become Labour leader.

Technology goes along on holiday: what a bonus

A less-than-memorable two weeks of holiday were made at least bearable by some devices I was allowed to play with during my time away from the office.

More 'pressure' on stressed markets

More 'pressure' on stressed markets

The downgrade of the United States' credit rating had added another blow to already stressed market conditions, Forsyth Barr broker Peter Young said yesterday.

Export-driven slowdown forecast

Rating agency Standard and Poor's is warning that New Zealand is one of several Asia-Pacific countries likely to experience export-driven slowdowns either through weaker demand, lower export prices or both.

Confidence at four-month low: survey

The BNZ confidence survey fell to a four-month low at the weekend with only a net 22% of respondents now expecting the economy to improve in the coming year.

Hackers or freedom fighters?

BBC technology reporter Iain Mackenzie raised an interesting point in his column last week, which started with the oft-repeated aphorism "one man's terrorist is another man's freedom fighter".