May is looming as a month of transtasman tax as governments
here and in Australia finish preparations to their Budgets.
Economists are uncharacteristically united in believing the
Reserve Bank will on Thursday hold its official cash rate at
appear to be resisting discounted retail goods and extended
time-payment periods, instead focusing on repaying debt.
Finance Minister Bill
English has identified $1.8 billion of lower-quality
Government spending that will be redirected over the next
three years into high-priority areas such as health and
Proposed Government reforms to New Zealand's electricity
sector are likely to have significant business and financial
implications for generation-retailers, rating agency Standard
and Poor's says.
Allied Farmers shares rose in value yesterday after the
company announced it had made a net $3.4 million in cash by
selling property in Queenstown and Australia.
The Government needed to take much more interest in companies
axing jobs in New Zealand in favour of lower labour costs
offshore, Labour Party communications spokeswoman Clare
AXA Asia Pacific share values are tipped to fall now the
Australian Competition and Consumer Commission has decided to
oppose National Australia Bank's takeover plans for AXA AP.
Air New Zealand is still rated as a "buy" by sharebrokers,
despite the national carrier burning $500,000 in cash a day
through European air space being closed due to ash from the
John Mayall cuts through the pretensions of much of
cars for sale
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