Dene Mackenzie

Strong reporting season expected

Strong reporting season expected

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 volumes.

OCR tipped to stay at 3.5% for longer

OCR tipped to stay at 3.5% for longer

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 ended September.

Work starts on taxation change

Work starts on taxation change

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 scores rights for rugby

Sky scores rights for rugby

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.

Restaurant Brands has tasty news

An upbeat report from Restaurant Brands excited interest from investors yesterday, with the company's share price rising 1.71% on strong volume.

ACC profit $2.1b, more than halved

ACC profit $2.1b, more than halved

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.

Maiden speech poignant

Maiden speech poignant

Invercargill MP Sarah Dowie yesterday delivered her maiden speech in Parliament, which contained more than a hint of sadness but also sense of determination.

Cullen Fund return 17.35%

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.

Speaking up for the provinces

Speaking up for the provinces

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 Zealand.

Warning to workers as Govt pushes through Bill

Warning to workers as Govt pushes through Bill

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 said yesterday.