Dene Mackenzie

SkyCity has good news for market

SkyCity Entertainment Group provided some welcome news to financial markets yesterday, advising that it expected to exceed consensus market profit expectations for the 2009 financial year.

Microsoft rises to challenge with Office offer

Microsoft appeared less than fazed with the recent announcement by Google that it was developing an operating system based on its Chrome browser.

Upswing in service industry activity welcome

Upswing in service industry activity welcome

The upswing in service industry activity in Otago and Southland during June has been welcomed by Otago-Southland Employers Association chief executive John Scandrett.

Tax cases not hurting banks' ratings

New Zealand banks could make payment on disputed tax bills without putting pressure on their credit ratings, Standard and Poor's says.

Confidence in listed property growing

Confidence in listed property growing

June was a solid month for listed property, which continues to build on the recovery in share prices that started in May. Business Editor Dene Mackenzie talks to Forsyth Barr broker Suzanne Kinnaird about property investments.

Govt told to resist credit rate advice

Govt told to resist credit rate advice

The Government should not be frightened by Fitch revising the country's credit rating to negative, CTU economist Bill Rosenberg said yesterday.

Older, wiser and poorer

Older, wiser and poorer

The current world economic crisis has caused a massive destruction of wealth and there was barely an investor who was immune.

Turning the corner

The recession is likely to continue until at least September but New Zealand is tipped to come out of the global downturn first and in much better shape than many of the other affected OECD countries.

Reserve Bank's inflation worries put to rest

Reserve Bank's inflation worries put to rest

The Reserve Bank will have no inflation worries for the rest of the year, economists say.

Little to inspire in gloomy Key speech

Little to inspire in gloomy Key speech

Prime Minister John Key delivered lots of gloomy news yesterday but provided little inspirational thinking about how New Zealand might better itself in the near term.