Dene Mackenzie

No 'lolly scramble' in Budget, Key says

No 'lolly scramble' in Budget, Key says

Prime Minister John Key is ruling out ''election bribes'' either in the Budget next month or in the election campaign, saying anything more than a modest increase in spending means higher interest rates.

New Act has 'powerful changes'

New Act has 'powerful changes'

The Financial Markets Conduct Act, which came into force yesterday, is being hailed as a new era.

Outgoing attitude brings approval

Outgoing attitude brings approval

Markets are welcoming the ''fresh approach'' being taken by new Federal Reserve chairwoman Janet Yellen as she focuses on unemployment, Craigs Investment Partners broker Peter McIntyre says.

IMF backing us - English

Finance Minister Bill English claims the International Monetary Fund is backing the Government's approach to fiscal policy.

OCR rise will start interest rate increases

OCR rise will start interest rate increases

The Government will go into election year facing four or five interest rate rises, along with rising inflation.

Anadarko expected to hold briefings on drilling programme this week

Anadarko expected to hold briefings on drilling programme this week

Representatives of oil and gas giant Anadarko are expected in Dunedin as early as Monday to confidentially brief various parties about the first assessment of its drilling programme off the Otago coast.

Seismic tests done, now the wait

Seismic tests done, now the wait

New Zealand Oil and Gas has finished its seismic testing off the coast between Dunedin and Oamaru. Business editor Dene Mackenzie asked chief executive Andrew Knight about the next steps in the search for hydrocarbons.

NZOG to run panel

New Zealand Oil and Gas, which has been testing for hydrocarbons off the coast of Otago, plans on establishing a regional community panel to develop a ''deeper relationship'', chief executive Andrew Knight says.

Record not quite what it seems

Record not quite what it seems

This week, the NZX50 rose above 5000 points for the first time.

Plan must be tested, Woodhouse says

Plan must be tested, Woodhouse says

Immigration Minister and Dunedin-based list MP Michael Woodhouse is not convinced AgResearch has yet made its case for shifting scientists from Invermay to Lincoln.