Dene Mackenzie

Visitors - where the hell are they?

Visitors - where the hell are they?

A pall of economic gloom hangs over Otago and Southland with the latest indication of falling financial fortunes coming in a services industry activity index released yesterday.

Statistics NZ dashes hopes of surplus

Statistics New Zealand yesterday dashed any hopes that New Zealand's current account had slipped back into the black for the first time in nearly 30 years in the three months ended March.

Foodstuffs raises payout

Foodstuffs South Island yesterday reported an improved operating profit of $219.3 million for the 12 months ended February.

Tweeting a new campaign

My fingers are crossed that New Zealand politicians and political candidates extensively use Twitter during this year's election. What fun it could be.

Surplus claims 'not realistic'

Surplus claims 'not realistic'

The Government was not being realistic about many of its promises and claims about the economy, particularly about returning the country to surplus in the next few years, Act New Zealand leader Don Brash said yesterday.

Opinion: Act revelling in new-found energy

Act New Zealand members were yesterday congratulating themselves that a change of leadership had brought a new energy and enthusiasm to a political party many voters had written off.

Banks preparing for big payout

Banks preparing for big payout

Banks are in negotiations with the Government about a full payout to Christchurch residents with no houses in which to live, but frustration levels about the delays are starting to rise quickly.

Mortgage defaults expected in Christchurch

Mortgage defaults expected in Christchurch

Some New Zealand financial institutions are preparing for Christchurch residents to walk away from their debt, risking bankruptcy but believing they have nothing more to lose.

Consumers more confident- surveys

Two bank surveys released yesterday suggest that consumer confidence in New Zealand is improving quickly from lows following the February 22 earthquake.

Fears as region's manufacturing slumps

Fears as region's manufacturing slumps

Manufacturing activity in Otago-Southland slumped last month and the National Distribution Union is warning of worse to come.