Dene Mackenzie

Business sentiment bullish

Expectations of increased economic activity because of rebuilding Christchurch and holding the Rugby World Cup have pushed business confidence to a record high, according to the latest BNZ survey.

Comment: Government borrowing there for all to see

The Government is under attack for borrowing more than it needs to meet current liabilities and opponents of the actions are accusing Finance Minister Bill English of subterfuge.

Airline profit outlooks slashed

The International Air Transport Association yesterday slashed its 2011 airline industry profit to $US4 billion ($NZ4.92 billion), a 54% fall compared with the $US8.6 billion forecast in March.

No change expected to official cash rate

No change expected to official cash rate

The Reserve Bank is widely expected to leave official interest rates unchanged at 2.5% on Thursday, despite some encouraging signs emerging in the New Zealand economy.

Greens: energy bonds instead of selling

Issuing green energy bonds would give New Zealanders a safe place for their retirement funds and give state energy companies access to capital, the Green Party says.

Govt, KiwiRail attacked over jobs

Govt, KiwiRail attacked over jobs

Green Party co-leader Metiria Turei yesterday renewed her attack on the Government and KiwiRail for awarding $500 million of work to overseas contractors.

Trade skills shortage beginning to bite

Trade skills shortage beginning to bite

A skills shortage is starting to bite in the South as employment agencies and employers struggle to find qualified staff.

Focus on Argosy

Focus on Argosy

The DNZ proposal to merge with Argosy has dominated the New Zealand listed property sector in the past month, Forsyth Barr broker Tony Conroy says.

Labour critical of board's make-up

The Government's new Environmental Protection Authority has been labelled an "economic development agency in drag", by Labour environment spokesman Charles Chauvel.

Adverse effects plan pleases

Miners have welcomed Government plans to manage the environmental effects of activities such as petroleum exploration and mining within New Zealand's exclusive economic zone and extended continental shelf.