A recommendation from the Commerce Commission that mobile
termination prices should be regulated is seen as positive
for the consumer but negative for Telecom, New Zealand's
largest listed company.
Here comes the bride. Unfortunately, it was not the happy
ending to that special day Yanna Elfef expected when she
married her husband, Kosta, two months ago, at the Greek
Orthodox church in Sydney.
Business owners in Otago are starting to feel more confident
about the future, both their own and that of the economy in
general, the June Otago Chamber of Commerce business
confidence survey shows.
Opposition political parties in Parliament appear to be
joining to try to force the Government to make an early
decision on mandatory standards for the use of "smart meters"
in New Zealand homes.
New Zealand's road to
economic recovery would come through investments and exports,
providing the new jobs and productivity the country needed,
Finance Minister Bill English said yesterday.
Difficult trading conditions since Christmas cut into the
profit of Smiths City which yesterday reported a 71.5% fall
in operating profit for the year ended April.
The New Zealand current account deficit narrowed in the March
quarter to be the smallest seasonally adjusted deficit since
Australia could offer New Zealand some hope for economic
recovery as the recession continues on for another quarter.
Labour Party communications spokeswoman Clare Curran will
today try to extract answers from the Government about when
the $1.5 billion roll-out of broadband will start.
The Commerce Commission has dealt a blow to investors in two
frozen ING funds, telling them they are on their own when it
comes to deciding on whether to accept the settlement offer.
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