The wife of the former chief executive of West Coast coal
mine developer Bathurst Resources is facing a jail term in
Western Australia, having pleaded guilty to fraudulently
claiming more than $A65,000 ($NZ66,600) in social security
The Reserve Bank is ruling out any increase in its official
cash rate, which will be a relief to exporters and those who
are battling a high dollar driven by this country's high
interest rates compared with Australia's.