Ratings agency Standard and Poor's warned that ageing populations in NZ and Australia could create future spending pressures on governments and undermine the long-term fiscal position of both countries. Business Editor Dene Mackenzie reports.
Confusion and misunderstanding remains in the community
about how the Dunedin City Council raises money from bonds
and who buys those bonds. Business editor Dene Mackenzie
unravels the issue with Craigs Investment Partners broker
Queenstown Airport has reported a substantial increase in its
operating profit for the year ended June but changing
regulatory requirements mean some major differences in the
way the accounts are presented publicly.