Retailers are expecting a bumper end to 2011, according to the latest survey of business opinion. Photo / Herald on Sunday
The building industry is bouncing back for the first time in three years, driven only by the Canterbury rebuild, and
Wednesday, October 5, 2011
'One crutch' recovery relies on Canterbury: NZIER
The building industry is bouncing back for the first time in three years, driven only by the Canterbury rebuild, and
Tuesday, October 4, 2011
'Significant risk' in retail deposit scheme
Photo / Martin Sykes
Treasury did not work hard enough to protect taxpayers from risks inherent in the Retail Deposit Guarantee and did nothing as some finance companies increased their borrowings by almost 1000 per cent under the scheme, the
Economic forecast has Tories walking fine line
Britain's Chancellor George Osborne. Photo / AP
Ministers have a real dilemma over how to respond to the dark economic clouds hanging over the Conservative Party conference.
Too much emphasis on what Winston Churchill called the "sunlit uplands" and the Tories
Finance chiefs ready to give Greece $14b to pay bills
Luxembourg Prime Minister Jean-Claude Juncker. Photo / AP
The eurozone's finance chiefs indicated yesterday that Greece will get a loan instalment it needs to keep paying its bills, even after Athens admitted it would not be able to cut its budget
Credit agency happier with Air NZ
Air New Zealand is expecting a $30 million windfall from the Rugby World Cup, down from $40 million because of the cancellation of games in Christchurch. Photo / Dean Purcell
Business risks to Air New Zealand from natural disasters here
Confidence drops but it could be worse
NZIER principal economist Shamubeel Eaqub. File photo / Brett Phibbs
"Flat but resilient" is the picture of the economy emerging from the New Zealand Institute of Economic Research's latest Quarterly Survey of Business Opinion, its principal economist, Shamubeel Eaqub, says.
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Broadsides: State of the economy
Labour MP Jacinda Ardern and National MP Nikki Kaye.
Labour's Jacinda Ardern and National's Nikki Kaye on New Zealand's economic situation.
JACINDA ARDERN
You can be forgiven if you missed the latest judgement on the state of New Zealand's economy
World markets dip despite Bernanke intervention hopes
Federal Reserve chairman Ben Bernanke has held out the prospect of more intervention in the US economy. File photo / AP
Concern about Greece after politicians delayed a second bailout to the debt-laden nation weighed on equities even as investors
NZ dollar keeps testing six month lows
Photo / Dean Purcell
The New Zealand dollar is continuing to test six-month lows as equity markets again succumb to concerns about European sovereign debt even though local milk powder prices were better than some analysts expected at Fonterra's latest online
Moody's slashes Italy's credit rating
A man walks in front of a chart with the stock prices at the Greek Stock Exchange in Athens yesterday. Fears that Italy might be heading in a similar direction have pushed Moody's to downgrade Italian govt bonds. Photo / AP
Budget 2011: opinion round-up
Is Bill English's Budget going to get us out of trouble? Opinion, as ever, is divided.
Mark Mitchell/APN
The New Zealand Herald’s Audrey Young gave Bill English’s third Budget a 6/10: “Bill English’s plan to return the country to surplus sounds good
Poor India
India’s Doha stance disappointed our farmers but much bigger problems loom.
Getty Images
India told those negotiating the Doha Round – the multilateral attempt to liberalise world trade – it had over 700 million people dependent on subsistence farming, more than the
Amartya Sen and India’s future
India is a country of the past, but it is also a country of the future.
Amartya Sen: "the Mother Teresa of economics"
Many New Zealanders find India mysterious, for we don’t have much to do with it – unfortunately it is
Goff and Cunliffe: in danger of over-promising
Policies formed in Opposition can bite a new government on the bum.
David Cunliffe and Phil Goff, photo/Getty Images
Jim Anderton once said that a bad day in Government was better than a year in Opposition. But decisions made in parliamentary
Great NZ financial crisis
Two have been entirely our fault; with the others we made a bad situation worse.
The Reserve Bank's cobbled measures got us through the 2008 crisis
1878: While Julius Vogel was on a ship to London, the City Bank of Glasgow crashed.
The fine line between gambling and investment
There is sometimes a fine line between investment and gambling.
Getty Images
Various people have produced their slant on the global financial crisis. The film Inside Job had little new in it, although some found it valuable. I greatly enjoyed the
US debt default – where to from here?
What would have happened if the US had defaulted – and where to from here?
Getty Images
How much theatre was involved in the congressional fracas over the raising of the US debt ceiling is hard to tell. Had the ceiling not
Do we deserve to host the RWC?
The problem with temporary events is that we are failing to use them to create a permanent legacy.
Artist Anish Kapoor, photo/Getty Images
Does New Zealand deserve the Rugby World Cup? No, I am not concerned about who wins it; I hope
Infrastructure problems in New Zealand
We worry much more about infrastructure ownership than how well it does the job.
The cinema may give a good idea about the sewers of Paris and Vienna, but I have little idea what goes on underneath the city in
Households cause balance sheet problems
Households seem to be causing the problem with our overall balance sheet.
The world’s economic difficulties arise because so many balance sheets are badly balanced. A balance sheet – of a person, a business, a financial institution, a government or a