Corporation says it is on track to meet its forecast profit
of $20.9 million for the year to June 30 and is well
positioned to take advantage of an economic recovery.
New Zealand's economic recovery continues to build in
strength but Finance Minister Bill English continues to
downplay the importance of the first annual growth since June
Clothing retailer Hallenstein Glassons has restarted its
capital expenditure programme as it shows cautious optimism
in the economic recovery.
Finance Minister Bill English should avoid using extreme
examples and making "kneejerk reactions" when considering
changes to the tax system to be announced in the Budget.
New Zealand's current account deficit was much wider than
expected in the year ended December but economists remain
positive about economic growth prospects.
The global economic recovery continued to build but the
increase risk of sovereign default has led to AXA Global
Investors reducing its exposure to global bonds in the past
New Zealand is facing an uncertain but optimistic recovery, a
consensus of economic forecasts compiled by the New Zealand
Institute of Economic Research says.
The future of South Canterbury Finance lies in the hands of
Treasury and whether or not it accepts the Timaru-based
finance company into the extended retail deposit guarantee
Our calculations suggest there was a substantial rebound in
the fourth quarter.
Mack-line tries hard to avoid paranoia when several similar
emails arrive in the inbox at about the same time.
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