Members of Parliament are preparing for a frenetic week of
business in the House which will be dominated by whether or
not the Government can pass its Climate Change Bill, commonly
referred to as the emissions trading scheme.
Nearly 20 New Zealand companies
will report their annual profit results this week, a busy
time, even though it is the middle of the June reporting
season.
Dunedin City Council economic development manager Peter
Harris is confident the city has heard the worst of this
year's economic news and that things are about to improve.
Fisher & Paykel
Healthcare provided some welcome good news for the
sharemarket yesterday and the share price reflected investor
confidence in the company.
The future of Cadbury
Confectionery is more secure than it had been in the past 20
years, Economic Development Minister and Dunedin North MP
Pete Hodgson said yesterday.
There is no financial gain for New Zealanders to return money
locked in Australian superannuation funds back to this
country unless the Government makes significant changes to
the tax system, consulting firm Mercer says.
Ten NZX-listed companies will this week
announce their financial results, with analysts and investors
paying close attention to the outlooks for the coming
financial year.
Falling interest rates improved housing affordability in July
in every area of New Zealand except Central Otago Lakes,
which remains by far the most unaffordable place to buy a
home.
July was a month to forget for local service sector
businesses who had another quiet time, according to the
BNZ-Business NZ performance of services index.
