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.
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.
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.
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.
Dunedin health manager Michael
Woodhouse looks assured to enter Parliament as a National
Party list MP judging from the party's full list released
yesterday.
The National Party's energy policy would be a positive
influence for New Zealand listed energy and utility stocks,
ABN Amro Craigs broker Chris Timms said yesterday.
National Party campaign
chairman Steven Joyce could be a broadcasting minister in
waiting after being ranked 16th on the party's list, released
yesterday.
The announcement that Hanover Finance owners
will put tens of millions of dollars into the company's
recovery plan could be welcome news for investors meeting in
Christchurch tomorrow.
