The following articles are sourced from The New Zealand Herald

NZ terms of trade up 5.7 per cent in December quarter
Wed, 10 Mar 2010 16:12
A 5.7 per cent surge in New Zealand's terms of trade in the December quarter, as import prices fell much further than export prices, is seen as more evidence that the recovery is rebalancing towards production.The increase in...

Financial markets now 'back to normal' says English
Wed, 10 Mar 2010 13:09
New Zealand's financial markets are "back to normal" and government guarantees for banks, set up during the global financial crisis, will be phased out at the end of next month, says Finance Minister Bill English.Speaking at the...

Trade stats come in strong for December
Wed, 10 Mar 2010 11:19
New Zealand's terms of trade rose an unexpectedly strong 5.7 per cent in the December quarter, as dairy product export prices went up despite a rising currency pushing down export and import prices.The increase in the terms of...

Bank guarantee scheme will end in April, says English
Wed, 10 Mar 2010 09:25
The Government's wholesale funding guarantee, introduced during the 2008 global banking crisis, will be shut down at the end of next month, says Finance Minister Bill English.The wholesale funding facility was set up in November...

Concerns over debt force shoppers to go easy on the plastic
Wed, 10 Mar 2010 04:00
Consumers remained cautious last month, electronic card transactions data indicate.Spending charged to credit or debit cards, which represents about 61 per cent of retail spending, shrank 0.4 per cent in February compared with...

Job listings surge 19pc for February
Wed, 10 Mar 2010 04:00
SYDNEY - The number of job ads placed in Australian newspapers and on the internet surged by almost 20 per cent in February, reversing a fall of 8 per cent in January, an ANZ survey has found.The total number of job advertisements...

Business confidence rises to match seven-year high
Wed, 10 Mar 2010 04:00
SYDNEY - Australian business confidence increased last month for a second month, adding to signs the economy is robust enough to weather higher interest rates.The confidence index gained 4 points to 19, matching November's seven-year...

Greek PM calls for crackdown on speculators
Wed, 10 Mar 2010 04:00
Americans asked to help Europe regulate the 'scourge' of credit-default swapsGreek Prime Minister George Papandreou will press United States President Barack Obama to help Europe combat "unprincipled speculators" who he says have...

NZX unveils "fundamental change" strategy
Tue, 09 Mar 2010 15:09
NZX Ltd expects 50 per cent of its future revenues to come from fees on clearing and settlement services and high margins obtainable from derivatives trading, according to a presentation by head of traded products, Fiona Mackenzie,...

Electronic card transactions edge lower in February
Tue, 09 Mar 2010 11:29
The value of transactions made using electronic cards slipped in February, with flat or declining sales in all but one core retail industry, along with a fall in fuel sales and in non-retail industries.Figures published by Statistics...

Briscoe profits leap 80pc to $21m
Tue, 09 Mar 2010 10:23
Retailer Briscoe Group has lifted its full year net profits 80.7 per cent to $21 million, on sales revenue up 7.3 per cent to $416.7m.The result - for the period from January 26, 2009 to January 31, 2010 - incorporated an additional...

Women students demand action over pay gap survey
Tue, 09 Mar 2010 07:42
Women students are demanding government action after a new survey showed men with the same tertiary qualifications start earning more after just one year.Women's Affairs Minister Pansy Wong said the survey showed a wage gap opened...

Benefits of foreign students often overlooked
Tue, 09 Mar 2010 04:00
International students are worth $2 billion annually to the economy."If you want to put it crudely, they are seen only as cash cows," said Professor Manying Ip, a professor of Asian studies at Auckland University."New Zealanders'...

Gareth Morgan: Rulebook thrown out the window
Tue, 09 Mar 2010 04:00
Once was the case that developing countries ran deficits on their trade accounts because their importing of stuff way outstripped their ability to produce and sell stuff that the rest of the world wanted.In short, to grow they...

Regions outspending the big centres, say eftpos stats
Mon, 08 Mar 2010 15:15
Consumers in regional centres are outspending those in the main centres, according to figures from leading Eftpos provider Paymark.The figures from Paymark - which processes over 75 per cent of all electronic transactions in the...

Home building up 7.4pc in December
Mon, 08 Mar 2010 10:57
The seasonally adjusted volume of residential building activity rose 7.4 per cent in the December quarter, while non-residential volume fell 6.1 per cent.That left the seasonally adjusted change in the volume of all building work...

Manufacturing sales off nine-year low
Mon, 08 Mar 2010 10:43
Manufacturing sales volumes rose 3.1 per cent in the December quarter, led by meat and dairy and other food-related industries.The rise in manufacturing volumes was off a nine-year low in the September quarter, with volume increases...

Kiwi dollar rises strongly on good US jobs data
Mon, 08 Mar 2010 09:15
The New Zealand dollar rose strongly after a report showed United States employers cut fewer jobs than expected last month, boosting hopes a US economic recovery is on track.The renewed optimism encouraged investors to buy stocks...

China faces pressure from partners to let yuan rise
Mon, 08 Mar 2010 04:00
China faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the value of the yuan to ease strains on its fast-growing economy.A stronger yuan could help China's leaders to...

Greeks back package only if privileged are affected
Mon, 08 Mar 2010 04:00
Greeks are ambivalent about an austerity package and are against most of the specific measures - unless they affect people they consider privileged.In a survey in To Vima newspaper yesterday, 47.9 per cent of those polled said...