The Government has been forced on to the back foot following
the surprise credit rating downgrades on Friday by two major
Prime Minister John Key's visage will be smiling at voters
throughout the country now that election hoardings have
started to appear in the lead-up to the November 26 election,
writes ODT Political editor Dene Mackenzie.
New Zealand business confidence measures are expected to ease
in coming quarters as the realities of a bleak global growth
picture hit home, ANZ-National Bank economist Mark Smith
Investors are starting to delay investment decisions, putting
more pressure on global sharemarkets as they continue to
slump on the growing expectation of a Greek default.
Tower Ltd made a powerful statement yesterday that it was
financially secure and was still interested in expanding,
Craigs Investment Partners broker Peter McIntyre said.
The quarterly survey of business opinion, out this morning,
is expected to provide some much-needed good economic news.
One of the wishes of Mackline is that New Zealand politicians
will flock to social networks during the forthcoming election
National Party list MP Michael Woodhouse is vowing to make
those who vandalise his election hoardings pay after his and
other MPs signs were damaged during the weekend.
Signs are emerging that Otago employers are being proactive
in addressing the skill shortage in some industries, Otago
Chamber of Commerce chief executive John Christie says.
Ngai Tahu Holdings
Corporation has weathered tough financial times through its
diverse portfolio, Te Runanga o Ngai Tahu kaiwhakahaere
(chairman) Mark Solomon says.
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