Dene Mackenzie

MTF predicts 'solid year'

MTF predicts 'solid year'

Dunedin-based vehicle finance company MTF has sufficient financial provisions to meet any losses associated with the February earthquake in Christchurch, managing director Angus Bradshaw says.

Liquidation a relief as debts mounted

Liquidation a relief as debts mounted

Long-time Dunedin financial adviser Bruce Wood last week placed two companies associated with him and his family into voluntary liquidation.

Mobile fees cut gives entrants opportunities

Mobile fees cut gives entrants opportunities

New entrants to the mobile telecommunications market have a "golden opportunity" to win market share on the back of a decision to cut fees, Massey University brand loyalty specialist Prof Malcolm Wright says.

Household debt expansion slows

Household debt expansion slows

Household balance sheets have adjusted modestly, Treasury papers released this week show.

Telecom trims capital expenditure forecast

Telecom trims capital expenditure forecast

Telecom has reduced its full-year capital expenditure forecasts in the latest trading outlook released yesterday.

Rate decision extreme, Vodafone says

Rate decision extreme, Vodafone says

The Commerce Commission had taken an "extreme view" on the mobile termination rates regulations released yesterday, Vodafone corporate affairs general manager Tom Chignall said.

Move may herald fresh takeover bid

Move may herald fresh takeover bid

The appointment of Ted van Arkel to the board of The Warehouse Group could again open the way for Australian supermarket giant Woolworths to launch a takeover bid for the Red Sheds.

Westpac records buoyant first half as earnings grow

Westpac records buoyant first half as earnings grow

Westpac New Zealand chief executive George Frazis had plenty to smile about yesterday when he released the bank's first-half earnings.

Banks expected to come under fire again

Australian banks, and their New Zealand arms, are likely to come in for criticism again if they continue with the trend set yesterday by ANZ Banking Group, which reported a record half-year profit.

Drop in unemployment expected; slight increase in wages

Unemployment figures are expected to have fallen in the three months ended March following figures released yesterday showing encouraging signs in employment demand.