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Nats and Labour hold fast on pension age

Nats and Labour hold fast on pension age
Wellington, Dec 8 NZPA - National and Labour are ruling out raising the pension age despite a report from the Retirement Commission which warns that to keep National Superannuation affordable it should increase to 67 by 2033.

Labour to target middle income families

Labour to target middle income families
Wellington, Dec 6 NZPA - Labour is promising to help the middle class which it says is being squeezed under National.

NZSA argues for clear regulation of financial markets

NZSA argues for clear regulation of financial markets
Clear and concise regulation with appropriate powers of investigation and sanction is an advantage both to NZX and New Zealand, the New Zealand Shareholders' Association said.

Business NZ economic conditions index improves

Business NZ economic conditions index improves
Wellington, Dec 2 NZPA - Business New Zealand is cautioning against reading too much into an improvement in an index of economic conditions it compiles, arguing it may not reflect reality because of the quality of statistics it monitors.

Savings Group warns NZ economy vulnerable

Savings Group warns NZ economy vulnerable
Wellington, Nov 23 NZPA - The group working on ways to improve New Zealand's savings, reducing its reliance on overseas debt, says the economy is in a vulnerable position and measures to correct the situation are likely to be challenging.

Downgrade of outlook a puzzle -- English

By NZPA political staff Wellington, Nov 23 NZPA - The downgrading of New Zealand's outlook by ratings agency Standard and Poors is puzzling, Finance Minister Bill English says.

Downgrade reflects international situation -- English

(Adds Phil Goff) Wellington, Nov 23 NZPA - The downgrade of New Zealand's outlook from stable to negative reflected increasing concerns internationally about external debt rather than a worsening situation here, Finance Minister Bill English says.

Phoenix owner "100 per cent" committed to club

Phoenix owner "100 per cent" committed to club
Wellington, Nov 17 NZPA - Under fire Wellington Phoenix owner Terry Serepisos is "100 per cent" confident the A-League soccer club is here to stay, and he is banking on a new broadcasting deal to potentially post a profit beyond next season.

Phoenix not in jeopardy: CEO

Phoenix not in jeopardy: CEO
Wellington, Nov 16 NZPA - Wellington Phoenix chief executive Nathan Greenham has moved to guarantee the future of the A-League soccer club after Inland Revenue filed court papers seeking $3.58 million in unpaid taxes from club owner Terry Serepisos.

Cautious investors return to term deposits

Cautious investors return to term deposits
Wellington, Nov 9 NZPA - Rental property remains out of favour following tax changes earlier this year, while term deposits have reached near-record highs because of the security they offer, according to ASB's Investor Confidence Survey released today.

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