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gross domestic product

MAF Trims Redundancies At Border To 54, Retains Regional Staff

MAF Trims Redundancies At Border To 54, Retains Regional Staff
Wellington, Sept 9 NZPA - Fifty-four front-line jobs will go in border biosecurity rather than 60, the Ministry of Agriculture and Forestry says. The revised cuts were announced today after a review of redundancies, announced by the ministry last month.

Lobbyist Says Bollard Will Have To Let Housing `Run Away'

Lobbyist Says Bollard Will Have To Let Housing `Run Away'
Wellington, Sept 9 NZPA - The official cash rate (OCR) -- due to be reviewed tomorrow by the Reserve Bank -- has become a rod with which the bank's governor, Dr Alan Bollard, can beat exporters, says an economic lobbyist.

ANZ National Bad Loan Provisions Up, Markets Profit Strong

ANZ National Bad Loan Provisions Up, Markets Profit Strong
Wellington, Aug 31 NZPA - ANZ National Bank is taking a hit from bad lending in New Zealand big enough to feature in its parent ANZ's result but is also still making money in volatile financial markets.

NZ Sharemarket Retreats, NZ Refining Falls On Interim Report

NZ Sharemarket Retreats, NZ Refining Falls On Interim Report
Wellington, Aug 18 NZPA - The New Zealand sharemarket weakened today but brokers said it was a resilient performance after sharp falls by global stocks.

NZ Sharemarket Tumbles Early, After Global Stocks Fall Sharply

NZ Sharemarket Tumbles Early, After Global Stocks Fall Sharply
Wellington, Aug 18 NZPA - The New Zealand sharemarket tumbled early in the wake of sharp falls by global stocks.

ANZ Is Committed To New Zealand

ANZ Is Committed To New Zealand
Wellington, Aug 14 NZPA - ANZ Banking Group Ltd said it is committed to its New Zealand business even though it produces lower returns than the Australian business.

Capital Raisings Continue On NZX

Capital Raisings Continue On NZX
Wellington, July 7 NZPA - Companies have continued to rely on the markets to raise capital, with the amount raised in the first six months of 2009 more than twice as much as a year ago.

Labour Says Accounts Show Flaw In Suspending Super Payments

Wellington, July 3 NZPA - Today's improved crown accounts including a better performance by the New Zealand Super Fund showed National's decision to suspend payments was short-sighted, Labour says.

Don't Read Too Much Into Better Forecast - English

Don't Read Too Much Into Better Forecast - English
Wellington, July 3 NZPA - The Government's fiscal position was better than forecast in May but Finance Minister Bill English has warned people not to read too much into it.

Small Early Gain For NZ Sharemarket

Small Early Gain For NZ Sharemarket
Wellington, June 29 NZPA - The New Zealand sharemarket made small early gains to start the week, after Friday went flat following the release of figures showing a worse-than-expected contraction in the economy.