Superannuation funds, including KiwiSaver, will need to rethink their investment strategies if the partial sale of state-owned assets is delayed, Deloitte Dunedin managing partner Steve Thompson says.
South Island companies appear to be recovering after the Canterbury earthquakes, the latest Deloitte South Island Index shows.
Labour Party list MP David Parker has been confirmed as its Epsom candidate, a move sure to lift his public profile as he continues to work to become Labour leader.
The downgrade of the United States' credit rating had added another blow to already stressed market conditions, Forsyth Barr broker Peter Young said yesterday.
The BNZ confidence survey fell to a four-month low at the weekend with only a net 22% of respondents now expecting the economy to improve in the coming year.
Rating agency Standard and Poor's is warning that New Zealand is one of several Asia-Pacific countries likely to experience export-driven slowdowns either through weaker demand, lower export prices or both.
The downgrading of the sovereign debt rating in the United States has removed the need for the New Zealand Reserve Bank to lift its official cash rate to 3% in September.
The Briscoe Group seems to be doing better than most other retailers in the current environment, Forsyth Barr broker Suzanne Kinnaird says.
Lars Kepler burst on to the Swedish bestsellers list following a path blazed by Stieg Larsson. During 2009, rumours were rife in the Swedish media that new writer "Lars Kepler" had been offered a substantial advance for his first book, The Hypnotist (HarperCollins) but no-one knew who he was. He refused to give interviews.
Telecom and Slingshot have this week responded to the lower mobile termination rates determination by lowering their national mobile calling rates.
Fears the United States is facing another recession following a series of ugly data results and toxic in-fighting about debt levels sent world sharemarkets plummeting yesterday.
The labour market continues to steadily improve, judging from figures released yesterday. But an industry group is warning that cheap imports are costing local jobs.
Dunedin residents planning to rent their houses out to Rugby World Cup fans could be surprised to learn that Inland Revenue will be wanting its share, Polson Higgs tax partner Michael Turner says.
Green Party co-leader Metiria Turei yesterday took her campaign to alleviate child poverty in New Zealand into the lion's den of Social Development Minister Paula Bennett's electorate of Waitakere.
Getting government spending under control and having a lower official cash rate were key to getting the value of the New Zealand dollar back to a sustainable level, Act New Zealand leader Don Brash said yesterday.
Wage and salary rates data released yesterday contained little good news for New Zealanders finding it tough to cope with rising bills.
Global financial disaster appears to have been averted with a last-minute deal announced yesterday by United States President Barack Obama to raise the US borrowing level.
Care will be needed in interpreting labour-market data from the three months ended June which starts being released this morning.
BNZ economist Stephen Toplis wants the Government's policy-makers to get a better understanding of the way the nation's labour market is working. "There's a lot of wild and woolly stuff...
Doubts about the decision by Infratil and the New Zealand Superannuation Fund to buy Shell New Zealand have been erased following a stellar first year, Forsyth Barr broker Peter Young said.
