Dene Mackenzie

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.

Allied's asset plan risky: Perpetual

Perpetual Trust chief executive Louise Edwards is warning of significant risks and uncertainty regarding the Allied Farmers proposal to take over the assets of Hanover Finance and United Finance.

Watershed year for Silver Fern Farms

Watershed year for Silver Fern Farms

The 2009 financial year would be recorded as a watershed year for Silver Fern Farms, chairman Eoin Garden wrote in the company's annual report.

Hefty increases in salary

Hefty increases in salary

outhern meat processing company leaders appeared to cash in on the high meat prices seen by their farmer shareholders and suppliers.

Defensive investor strategy succeeds

Defensive investment strategies had proved the best performers in a period of financial turmoil, according to a FundSource KiwiSaver survey.

Claim firm threatening non-union bonuses

Claim firm threatening non-union bonuses

Investors do not appear to be reacting significantly one way or another to the ongoing industrial action being undertaken by some workers at The Warehouse.

Forsyth Barr wins people's choice award

Dunedin-based sharebroker Forsyth Barr last night won the inaugural People's Choice KiwiSaver Communications Award at the Workplace Savings New Zealand awards.

Dubai World's effect on markets subsides

Dubai World's effect on markets subsides

The worst concerns about the size of Dubai's financial problems appeared to have eased yesterday, Forsyth Barr broker Tony Conroy said.

Less stimulus as RBA lifts cash rate to 3.75%

The Reserve Bank of Australia yesterday decided to continue lessening the degree of monetary stimulus it had put in place, while, at the same time, the Bank of Japan looks likely take further steps to support the Japanese economy.

Dubai $US60 billion default fears raise jitters

Dubai $US60 billion default fears raise jitters

Economic news has been put aside as markets again focus on financial risk.