The Australian banking sector starts its second-half
reporting season on Thursday with expectations for stronger
growth in the fourth quarter driven by improved lending
The official cash rate announcement by the Reserve Bank due
on Thursday has heightened interest after a
lower-than-expected inflation reading of 1% for the year
The Inland Revenue Department is going through a
transformation process which will cost about $1.5 billion for
a new computer system and other changes.
Sky Network Television has signed a conditional five-year
deal to secure broadcast rights to the New Zealand Rugby
Union and Sanzar unions for an undisclosed amount, a deal it
could not afford to lose.
An upbeat report from Restaurant Brands excited interest from
investors yesterday, with the company's share price rising
1.71% on strong volume.
Higher claims in the year ended June substantially reduced
the profit reported by Accident Compensation Corporation but
the government entity still managed a surplus of $2.1 billion
in the period.
Invercargill MP Sarah Dowie yesterday delivered her maiden
speech in Parliament, which contained more than a hint of
sadness but also sense of determination.
The New Zealand Superannuation Fund reported a negative
return in September, down 0.4%, but is still providing an
annual return of more than 17% on its investments.
Clutha-Southland MP Todd Barclay is New Zealand's youngest MP
and represents the country's largest general electorate but
none of that is hampering his ambitions for provincial New
Thousands of workers were at risk of losing their meal and
rest breaks if the Government pressed ahead with changes to
employment laws, Labour Party labour spokesman Andrew Little
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