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Economy

BILL ENGLISH EXCLUSIVE: WHAT THE CHINESE ECONOMIC SLOWDOWN MEANS TO NZ

Finance Minister Bill English has returned from a full-on trip to China which went well beyond the usual Beijing-Shanghai itinerary convinced that the outlook...

IT'S UP TO THE RESERVE BANK NOW

A 10% plus drop in dairy prices overnight on Wednesday now has attention turning to the Reserve Bank and its regular revision of the...

WHY LABOUR MIGHT RELUCTANTLY SUPPORT THE TPP

  Labour looks unlikely to oppose the Trans Pacific Partnership Agreement. The Caucus debated the TPP at its Rotorua meeting on Monday and though it has...

HOW THE GOVERNMENT APPEARS TO HAVE PANICKED OVER RISING AUCKLAND HOUSE PRICES

The Government’s Budget moves to try and slow down the Auckland housing market were rushed through Cabinet after the deadline for the Budget had...

IS THE SURPLUS THE BEGINNING OF THE END OF THE GOLDEN WEATHER

The revelation yesterday that the Government’s accounts were in surplus by $1.1 billion in the 11 months to June 30 should force a temporary...

FOREIGN INVESTMENT APPROVAL TO BE SPEEDED UP

The Government yesterday unveiled a new foreign investment attraction programme which will put much greater emphasis on the regions. Nevertheless, Economic Development Minister, Steven Joyce,...

IT'S CHINA NOT GREECE THAT WE SHOULD WORRY ABOUT

Prime Minister John Key says China is a much more significant issue for New Zealand  than the Greek financial crisis. His comments come as the...

SELL THE COWS – OPEN UP THE B&B

New Zealand’s tourism industry is booming. The Prime Minister who is also Minister of Tourism made this point at his weekly post Cabinet press conference...

"CROAKING CASSANDRA" —- THE CONTRARY VIEWS OF A FORMER RESERVE BANK ECONOMIST

Michael Reddell is a monetary economist, a committed evangelical Christian and a pain in the Reserve Bank’s side. Until three months ago he was the...

THE BIG HOLE IN THE TPP

Prime Minister John Key has confirmed that New Zealand has yet to see any major concessions on dairy exports to Japan and Canada from...

GOVERNMENT GIVES LARRY ELLISON AMERICAS CUP CAMPAIGN COMPANY $17 MILLION

The Warkworth boat building company which is owned by Larry Ellison’s Americas Cup team Oracle Racing, is refusing to comment on claims that it...

GOVERNMENT TO GIVE ORACLE'S BOAT BUILDER $17 MILLION

The Warkworth boat building company which is owned by Larry Ellison’s Americas Cup team Oracle Racing, is refusing to comment on claims that it...

DAIRY PRICES ARE DOWN BUT SO IS THE DOLLAR SO WHAT'S THE PROBLEM?

  Treasury now says dairy prices are unlikely to recover till late this year or early next year. That’s a step back from the Budget forecasts...

SORRY APPLE – THE HOLIDAY HERE MAY BE OVER. TIME TO PAY TAX.

New Zealand looks ready to crack down tax on dodging US tech companies like Apple who pay very little tax here. For the year ended...

FORGET AUCKLAND'S HOUSES – NOW IT'S THE DAIRY FARMERS WHO ARE IN TROUBLE

  The Reserve Bank’s focus is now shifting from Auckland housing to a dairy industry that increasingly looks as though it is in deep trouble .Just...