Dene Mackenzie

Wider current-account deficit to June

The current-account deficit widened in June, the financial impact of earthquakes in Christchurch causing temporary volatility.

Taxes poised to be US campaign issue

Taxes poised to be US campaign issue

United States President Barack Obama has taken an aggressive stance towards reducing soaring fiscal deficits, yesterday appearing to be prepared to take the Republicans front on over tax issues.

Still no AMI call on Govt funds

Still no AMI call on Govt funds

AMI has still not called on Government financial support although Finance Minister Bill English continued to offer Government support to the troubled insurer.

Restaurant Brands sales down

Fast food has proved to be not as recessionary proof as expected, with Restaurant Brands yesterday reporting a 6.5% fall in sales for the 16 weekends ended September 12.

Labour women's policy raises issue of pay equity

Men in low-paid work were equally affected by pay equity issues as women in the same position, Service and Food Workers Union spokeswoman Jill Ovens said yesterday.

Otago-Southland service sector at three-year low

The Otago-Southland service sector is struggling with selected pockets of hospitality, tourism and retail sectors not seeing their usual seasonal business flow patterns.

Microsoft says it has the touch with Windows 8

Microsoft is aiming squarely at Apple's iPad technology with its new Windows 8 operating system.

Confidence index remains steady

A busy week for data releases started encouragingly yesterday with the Westpac McDermott Miller consumer confidence index remaining unchanged for the three months ended September 12.

IRD going after those cash-only jobs

IRD going after those cash-only jobs

The Government has increased funding to the Inland Revenue Department to target the cash economy, the economy where people accept cash for doing jobs but do not report it for tax purposes.

Confidence DCHL can service debt

Confidence DCHL can service debt

Dunedin City Holdings Ltd's (DCHL) debt continued to grow in the year ended June 30, but chairman Paul Hudson is confident the company's strong cash flows can service the debt.