Dene Mackenzie

Exporters 'betrayed' by bank

Exporters 'betrayed' by bank

The Reserve Bank betrayed New Zealand exporters when it held official interest rates at 3.5% yesterday, New Zealand First leader Winston Peters said.

State house sales likely this year

State house sales likely this year

The sale of up to 2000 state owned houses is likely to proceed this year but Prime Minister John Key is promising to increase the amount of help people in need will receive for housing requirements.

Small business at centre stage

Small business at centre stage

Labour leader Andrew Little needs to convince small business owners he has their best interests at heart as he heads into the new political year.

'Pie in the sky wish list'

Opposition politicians wasted no time criticising National's plans to sell state housing without a concrete plan to replace the sold houses.

Outlook for retail operations important for Auckland airport

The outlook for Auckland International Airport's retail operations represented the most important company-specific issue for investors currently, Forsyth Barr broker Andrew Rooney said yesterday.

Coming few days key for markets

Coming few days key for markets

Financial markets around the world, but particularly in Europe, are set for a rocky ride this week as Greece's anti-austerity Syriza party sets about forming a new government.

Otago-Southland service sector leads the way

Otago-Southland service sector leads the way

The Otago-Southland service industries left the rest of New Zealand in the dust of summer last month, easily topping the Performance in Services Index, released yesterday.

Investing in Air New Zealand really boils down to good timing

Investing in Air New Zealand really boils down to good timing

Investing in Air New Zealand was more about timing than taking a long-term view, as the airline industry generated consistently low and often volatile returns, Forsyth Barr broker Andrew Rooney said yesterday.

Team Talk faces big challenges

A near 50% reduction in the 2015 financial year dividend forecast highlighted the challenges TeamTalk faced, Forsyth Barr broker Peter Young said yesterday.

Change in OCR seen as unlikely

The official cash rate announcement by the Reserve Bank on Thursday is almost irrelevant given inflation is likely to remain below 1% for the rest of the year.