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New Zealand Economy - Page 3

New Zealand in good shape: PM

Prime Minister John Key says there is optimism China's economy will remain strong and that will buffer New Zealand from the latest round of turmoil on global financial markets. Ref. Source 3

Economy Zealand New

New Zealand's credit rating lowered

Finance Minister Bill English says New Zealand has been given a credit downgrade because financial markets have become "hyper sensitive" to debt. Ref. Source 1

New Zealand Economy History & Civil Business Politics

Revealing the gap between NZ's rich and poor

The richest 1 per cent of the population owns three times more than the combined cash and assets of the poorest 50 per cent. Ref. Source 1

Page 3 Economy Zealand New

Figures show Aussies are better off

New Zealanders face skyrocketing food prices and paltry wage increases while battling a lower life expectancy and higher unemployment than Australians. Ref. Source 7

Economy Zealand New

Lombard four may face $10m compo claims

The directors of failed Lombard Finance could be pursued for $10 million in losses after being convicted of misleading investors. Ref. Source 5

New Zealand Economy

Budget 2012: Cough it up

Bill English's fourth Budget pinches the pennies, raids nearly every piggy bank and even plunders the Government's rainy-day fund. No-one, it seems, is safe – even kids with an after-school job have been frisked for extra revenue to help fill Government coffers. Ref. Source 5

New Zealand Economy - Page 3

Credit card returns to haunt NZX

A decision by sharemarket firm NZX not to pay a former employee's credit card bill has cost it at least $103,000, more than double the amount in dispute. Ref. Stuff.co.nz

New Zealand Economy Politics Business Civil & History - Page 3

Tag Oil drills 15 successful Taranaki wells in a row

Small oil company Tag Oil is growing up fast in Taranaki, with proven and probable reserves up 300 per cent to more than 6.6 million barrels of oil. Ref. Stuff.co.nz