Dene Mackenzie

OCR to stay low until late 2010: governor

OCR to stay low until late 2010: governor

It is likely to be some time before the recovery becomes self-sustaining and monetary policy support can be withdrawn Alan Bollard.

Sobering result for our manufacturing

Sobering result for our manufacturing

The latest BNZ Capital-Business New Zealand performance in manufacturing index provided some sobering yardsticks for the region, Otago-Southland Employers Association chief executive John Scandrett said yesterday.

Westpac mortgage rates rise

Westpac mortgage rates rise

Westpac responded to criticism by MPs that banks were keeping mortgage rates artificially high and maintaining high profits by lifting some of its lending rates yesterday, although it was the last retail bank to do so.

Managers focus on mobile solutions

Managers focus on mobile solutions

The two recently-appointed Gen-i managers in Otago-Southland say the arrival of Telecom's fast mobile broadband XT network has changed the game in the way they deliver high-speed mobile technology to customers.

Powerful new iPhone available in NZ soon

The new Apple iPhone, touted as the fastest and most powerful iPhone yet, should be available in New Zealand by the end of the month.

Oceana Gold listening to shareholders

Oceana Gold appears to be taking notice of its shareholders by examining options to provide more value for them both at corporate and operational levels.

Building sector more resilient than expected

Building sector more resilient than expected

The slump in the construction industry continued in March but economists were surprised by how resilient activity remained in the first three months of the year.

OCR change not expected in improved environment

The official cash rate is likely to remain unchanged at 2.5% on Thursday following considerable economic changes since the Reserve Bank's April OCR review.

Contact's profit diluted.

Contact's profit diluted.

Contact Energy is expecting full-year underlying earnings after tax to fall by as much as a third.

Releases may help bump up online use in NZ

Symantec, Opera and Microsoft caught the attention of Mack-Line last week with some announcements that on one hand perplexed and on the other delighted.