The following articles are sourced from The New Zealand Herald

NZ dollar falls amid talk of pending Greek deal
Wed, 08 Feb 2012 09:06
The New Zealand dollar dipped below 63 euro cents for the first time in more than a week amid speculation Greek officials and private creditors are preparing the final draft of a budget and structural measures needed to free up the...

Is Wall St back to pre-crisis levels?
Wed, 08 Feb 2012 08:39
It was just late last year that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.Now the Dow is within reach...

World sharemarkets pause on Greece
Wed, 08 Feb 2012 07:48
Shares in Europe closed flat and US stocks were edging higher on hopes that Greek political leaders will agree on the terms needed to secure fresh bailout funds.Greek PM Lucas Papademos is holding new meetings with his political...

Divided Auckland: More become tenants in own city
Wed, 08 Feb 2012 05:30
The growing gap between rich and poor has made an extra one-sixth of Aucklanders truly "tenants in their own country".Aucklanders who own their own homes have declined from 74 per cent in the 1986 Census to 58.7 per cent last year,...

Wage gains unlikely to worry Reserve Bank
Wed, 08 Feb 2012 05:30
Pay increases were higher than expected over the past three months of 2011, but economists do not see anything in the latest crop of wage inflation data likely to disturb the Reserve Bank's tranquillity.Statistics New Zealand's...

Mark Oldershaw: Skills for the future
Wed, 08 Feb 2012 05:30
When Prime Minister John Key announced his new Cabinet line-up late last year, one of the most significant changes went largely unnoticed in the public arena.Much was made of Steven Joyce's rise in the rankings, but there was less...

Tony Caughey: The business of competition
Wed, 08 Feb 2012 05:30
The Harvard Business School is leading an initiative to improve the competitiveness of US companies. There is much that we, in New Zealand, could learn from this work.Last month in Washington DC the Dean of the Harvard Business...

Is the great profit engine of corporate America running out of steam?
Tue, 07 Feb 2012 11:49
While other parts of the economy struggled the past two years, large companies managed to rack up higher profits quarter after quarter. Now reality is catching up with big business.As companies close their books on the final three...

Wage inflation speeds up in private sector, slows for public
Tue, 07 Feb 2012 11:05
New Zealand wage inflation accelerated for private sector workers and slowed for public servants in the fourth quarter, leaving overall labour costs benign enough to ensure the central bank keeps interest rates low.The labour cost...

NZ dollar holds near record levels
Tue, 07 Feb 2012 08:57
The New Zealand dollar held near a 5-month high against the greenback and near a record versus the euro following better-than-expected US jobs data and concerns Greece's political leaders will fail to reach the conditions of a...

Waitangi Tribunal claim seeks to halt asset sales
Tue, 07 Feb 2012 08:17
The Maori Council will today lodge a claim at the Waitangi Tribunal, asking it to stop the sales until the tribunal first considers claims to water.The Government is pushing ahead this year with one of National's major election...

World shares drop as Greece frustrates
Tue, 07 Feb 2012 07:40
European Union leaders and investors alike grew ever more impatient with Greece's dillydallying on finalising agreements on the nation's debt reform measures needed to secure another bailout to prevent default.In early afternoon...

Divided Auckland: NZ tax on rich among lowest in the world
Tue, 07 Feb 2012 05:30
A new book has found total tax rates on the incomes of rich New Zealanders are now the lowest in the developed world.New Zealand's top tax "wedge" of 33 per cent on incomes above $70,000 is lower than all 27 other high-income nations...

Aussie's baby bonus a NZ drawcard
Tue, 07 Feb 2012 05:30
Carla and Craig Bradley would get about $100 a week more from the Government in the six months after having a baby - if they moved to Australia.The Papakura couple had their third child, son Alex, in November.Even though Craig...

Economic squeeze takes shine off Lunar spending
Tue, 07 Feb 2012 05:30
Chinese shoppers on their Lunar New Year holiday were less lavish than expected at Hong Kong jewellers.They also curbed spending on beauty brands and slowed spending at South Korean stores. They may keep that pace in the year of...

IMF 'austerity' man says it's okay to party
Tue, 07 Feb 2012 05:30
The head of the International Monetary Fund's mission in Romania has hit back at politicians and journalists who are accusing him of misconduct for attending a party held by government officials at a time of harsh austerity measures.A...

Pick-up in job market likely to be modest
Tue, 07 Feb 2012 05:30
Labour market numbers due out this week are expected to show a modest pick-up in job creation in the last three months of 2011 but barely enough to nibble at the unemployment rate.Between the March and September quarters last year...

Editorial: Important to heed advice from Treasury
Tue, 07 Feb 2012 05:29
Ideas from the Treasury have long been out of fashion with the political class. Since the days of Rogernomics, Ruth Richardson and Bill Birch, Labour and National-led governments have been keen to demonstrate that the Treasury's views...

Auckland: A city divided by income
Mon, 06 Feb 2012 05:30
Auckland has changed from an equal city to an unequal one in less than a generation with the income gap between rich and poor widening dramatically over the past 25 years.Whereas most people's incomes were bunched tightly around...

Job surge lifts Dow to highest since 2008
Mon, 06 Feb 2012 05:30
In a long-awaited surge of hiring, companies added 243,000 jobs in January across the US economy - far more than just about anyone expected.Unemployment fell to 8.3 per cent, the lowest in three years.The job growth was the fastest...