New Zealand's ugly current account deficit is set for a
makeover through the rest of this year, Westpac chief
economist Brendan O'Donovan says.
Investors are again
starting to show an appetite for risk as the global economy
improves, but they are more aware of protecting their
capital, New Zealand Assets Management principal Richard
The Government's message
to Telecom in its $1.5 billion broadband project announcement
was "my way or the highway", Craigs Investment Partners
broker Chris Timms said yesterday.
The Government yesterday ushered in the biggest and most
fundamental change to telecommunications in New Zealand since
the privatisation of Telecom 20 years ago.
Telstra must act quickly to avoid the Australian Government
forcing it to structurally separate, Craigs Investment
Partners broker Chris Timms said yesterday.
The collapse of
Lehman Brothers, one of the most prestigious firms on Wall
Street, a year ago changed the face of global finance, Craigs
Investment Partners broker Peter McIntyre said yesterday.
One of the most disturbing stories on the internet recently
was about whether or not Phillip Garrido's paedophilia den
would have been discovered earlier if Californian police had
used Google Maps.
The Warehouse Group
rewarded shareholders for their loyalty yesterday by
declaring a special 10c per share dividend when the Red Shed
operator reported its annual profit.
It was important to note
that the Government's $300 million rural broadband upgrade
was a political project, Australian telecommunications
commentator Paul Budde said yesterday.
After swapping the London rat race for Macandrew Bay, an
English IT specialist tells business editor Dene Mackenzie
life is good.
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