Dene Mackenzie

Provisions to lower current account deficit

Bank tax provisions are likely to feature strongly tomorrow when the new current account deficit figures are released, but an economist is warning that their significance should not be overplayed.

AXA price target raised

AXA price target raised

Craigs Investment Partners yesterday raised its price target for AXA Asia Pacific believing AMP would c

Infrastructures, tax system next on list

Infrastructures, tax system next on list

Although the parliamentary year ended yesterday, Finance Minister Bill English is already turning his mind to 2010.

Sharebrokers to research Allied Farmers regularly

Allied Farmers has written to all shareholders telling them that five sharebroking firms would be researching the company on a regular basis.

NAB makes surprise bid for AXA AP assets

NAB makes surprise bid for AXA AP assets

A surprise bid by National Australia Bank for the Australian and New Zealand businesses of AXA Asia Pacific generated some excitement in financial markets yesterday.

Allied Farmers will issue shares to Hanover investors today

Allied Farmers will issue shares to Hanover investors today

Hanover investors will be issued their new Allied Farmers shares after 6pm today, and trading will start at 10am on Monday.

Otago ranks lowest in consumer confidence

Otago ranks lowest in consumer confidence

Consumer confidence in Otago slumped in the three months to December, with the region languishing at the bottom of the Westpac McDermott Miller consumer confidence index.

Commercial property investors shaky

Commercial property investors shaky

The confidence of investors in Dunedin commercial property slumped in the three months ended December with the city now the fourth least optimistic region in the country.

Govt gets tick for state asset listing

Govt gets tick for state asset listing

The National-led Government yesterday received approval for what many already believe will happen after the next election - the partial privatisation of state assets.

Hanover investors approve deal

Hanover investors approve deal

All eyes will be on the Allied Farmers share price when the company comes out of a trading halt this morning, Craigs Investment Partners broker Chris Timms said.