Govts act to protect bank deposits
Govts act to protect bank deposits
The New Zealand and Australian Governments moved in tandem yesterday to shore up investor confidence as the IMF warned the global economy was on the brink of collapse.
Dene Mackenzie
Clark makes better start
Clark makes better start
Prime Minister Helen Clark came out clearly ahead of National Party leader John Key as the two party leaders launched their election campaigns in Auckland yesterday.
Party leaders promise spending to build NZ
Party leaders promise spending to build NZ
Big-spending promises were the feature of the Labour and National's election campaign launches yesterday.
NZ, Australia act jointly
NZ, Australia act jointly
New Zealand and Australian governments yesterday acted in unison to help soothe the nerves of worried investors.
Business as usual for quality developers
Business as usual for quality developers
The global financial meltdown has caused the failure of many property developments around the country. Many people believe that commercial property development has come to an end.
Compliance costs still a concern
Compliance costs still a concern
Regional enterprises had some wins and losses during the year on compliance costs but, overall, the costs remained too high, Otago-Southland Employers Association chief executive Duncan Simpson said yesterday.
NZ market reclaims all lost ground
NZ market reclaims all lost ground
The opening of trading on the Australian sharemarkets gave the NZX-50 another boost this afternoon to help the benchmark index reclaim all of its losses from Tuesday.
Benson-Pope criticises National, media
Benson-Pope criticises National, media
Dunedin South MP David Benson-Pope remained unbowed as he delivered his last speech in Parliament tonight as a Labour MP.
Benson-Pope stands by Labour in valedictory speech
Benson-Pope stands by Labour in valedictory speech
Dunedin South MP David Benson-Pope remained loyal to Labour, right to the end of his Parliamentary career as a member of the party that rejected him, first as a cabinet minister and then from the electorate he served for nine years.
Minor parties make case for role in government
Minor parties make case for role in government
Three minor political parties - Maori, New Zealand First and Green - launched their election campaigns during the weekend, with each of them promoting their credentials to be part of the next government.
National forced to scale back tax cuts
National forced to scale back tax cuts
The global financial collapse has left National Party leader John Key scrambling for a point of difference with Labour in next month's election, and it could be as simple as the old "time for a change".
National 'spin' on tax cuts
National 'spin' on tax cuts
Nationa''s much anticipated tax-cut policy was not quite as rosy as party leader John Key was painting yesterday, Polson Higgs tax partner Michael Turner said.
Savings policy outlined
Savings policy outlined
The changes National Party leader John Key is proposing for KiwiSaver have been welcomed by employer and business leaders and condemned by trade union officials.
Pressure on funding costs continues
Pressure on funding costs continues
Bold action is needed by the New Zealand Reserve Bank as the rapid deterioration in financial markets continues.
Gloom blunts National's tax cuts
Gloom blunts National's tax cuts
Tax cuts - albeit scaled down - would still be introduced in April next year by a National-led government, National Party leader John Key said yesterday.
SBS becomes newest NZ bank
SBS becomes newest NZ bank
Invercargill-based SBS has become New Zealand's newest bank, launching its new profile as world banks are crumbling under the global financial meltdown.
Benson-Pope distributing booklet for the over-60s
Benson-Pope distributing booklet for the over-60s
Dunedin South MP David Benson-Pope has been busy sending out 50-page information kits for the over-60s, one of several Labour MPs using a loophole in election spending laws.
Budgeting software right on time
Budgeting software right on time
Timing is everything, so they say, and for three Dunedin technology entrepreneurs the release of the beta, or test, version of their PocketSmith financial management tool is right on the button.
NZ sharemarket hits three-year low
NZ sharemarket hits three-year low
The New Zealand sharemarket fell to a three year low just before noon, following another bloodbath on Wall Street.
NZ sharemarket continues slide
NZ sharemarket continues slide
The New Zealand sharemarket has fallen to a three year low, following sharp drops in other markets throughout the world.