ODT

WorldJuly 27

Speaker reworks Bill on US debt

House Speaker John Boehner was rewriting his plan to cut federal spending and raise the debt ceiling yesterday, after the Congressional Budget Office revealed that his Bill would not cut as much spending as he had promised it would.

Central OtagoMay 10

Downturn leads to restaurant closure

The economic downturn has led to the closure of an Alexandra restaurant for the winter.

DunedinJanuary 13

Chin says stadium big help to Dunedin

The Forsyth Barr Stadium loomed large in Dunedin's building activity figures last year, with the project pushing up the value of building consents for the year by $116 million.

NationalDecember 4

Impact of recession will still be felt - English

The latest Crown accounts show the impact of the recession will be felt for some time, Finance Minister Bill English says.

BusinessNovember 23

Farra job losses possible

Up to four jobs could be lost at Dunedin exporter Farra Engineering following cancellation of a $1.8 million contract and the "recession in general", according to chief executive John Whitaker.

BusinessNovember 23

Population rise fuelling demand

The pick-up in population growth continues to fuel demand for housing, just as it has done for the past six months, ASB economist Jane Turner says.

BusinessNovember 5

Unemployment at 6.5% highest in nine years

The severe toll the recent recession took on New Zealand's labour market was confirmed yesterday when figures released showed that the country's unemployment level reached 6.5% in September.

North OtagoNovember 5

Council defends hike in fees

The Waitaki District Council has defended a substantial increase in its building-consent fees, despite a concern it could hinder development during the economic recession.

NationalNovember 2

Economy still weak - Treasury

Early indications of an economic recovery might not be as strong as many people hope, Treasury said today.

NationalSeptember 23

Tough times still ahead - English

Signs the economy may have stopped shrinking do not signal the end of hard times, Finance Minister Bill English said today.

BusinessSeptember 21

South leads regions out of recession

Positive economic indicators yesterday renew confidence the country could be coming out of recession, with the South leading the way.

OpinionSeptember 20

English discusses NZ's economic future

After 18 months of local recession and almost a year of global economic turmoil many commentators and analysts are now suggesting we are on the road to recovery.

BusinessAugust 17

Some Port Otago jobs may be lost

Port Otago management has warned jobs could go following the loss of 10%-15% of its container traffic due to Fonterra consolidating its port usage.

NewsJuly 23

Investing your windfall

Paying off a mortgage and/or any debt should be a priority for anyone inheriting money during the current recession, a panel of experts selected by the Otago Daily Times recommends.

FashionJuly 22

24 Fashion & beauty tips

If money is tight, spending on fashion and beauty is one of the first things to go.

NationalJuly 17

Turning the corner

The recession is likely to continue until at least September but New Zealand is tipped to come out of the global downturn first and in much better shape than many of the other affected OECD countries.

NationalJuly 17

Older, wiser and poorer

The current world economic crisis has caused a massive destruction of wealth and there was barely an investor who was immune.

NationalJuly 15

Key praised for economic plan

The business sector has welcomed Prime Minister John Key's "relevant and timely" framework for economic recovery.

NationalJuly 9

Over 200,000 kids living in poverty - report

New Zealand entered the recession with families already in poverty and the economic conditions have only made things worse - leaving over 200,000 children living in benefit dependent households, a new report shows.

NationalJune 29

Calls for changes to welfare system

As the recession bites there are calls for welfare rules to be rewritten as more people are refused the unemployment benefit based on the income of partners.

NationalJune 26

Data shows size of economic problem - English

Confirmation the economy has suffered at least five quarters of recession underlines the challenges ahead, Finance Minister Bill English said today.

DunedinJune 19

Downturn hits up-market restaurants

Several fine-dining restaurants in Otago are closing permanently as the recession bites and customers choose to eat at home more often.

QueenstownJune 18

Operators take prudent approach

Southern Lakes skifields are maintaining a fiscally prudent approach to the season's start and are ready to react should visitor numbers exceed expectations.

BusinessJune 15

Service sector hurting,business index shows

The economic slowdown hit the Otago-Southland services sector in May, evidenced by a sharp drop in the BNZ Capital-Business NZ Performance of Services Index.

NationalJune 9

MPs lash out at banks in report

MPs have lashed out at banks for failing to reduce mortgage rates, for protecting their profits, and in the case of Australian institutions, for treating New Zealand firms differently.

Economic downturn