Major changes are on the way for public sector information technology.

A report into NZ on Air's music funding has recommnded more audits and more stringent checks before funding is granted.

Equities in Europe and on Wall Street rallied after Portugal's successful bond sale eased concerns about the euro-zone's debt crisis.

Stocks on Wall Street were up as investors' confidence was underpinned by better-than-expected US earnings and international support for Europe's debt.

This lucky generation of retirees...

A trail of documents show a lack of communication, an absence of Cabinet papers and the lone hand of Finance Minister Bill English in approving $4.8 million in public money for an agency that was ultimately left out in the cold.

Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.

Independent MP Chris Carter was going to use his international travel perk for an overseas holiday but cancelled it after media found out, it was reported last night.

What would happen if the world judged New Zealand Inc was unable to service its debts?

We could fill this Government debt hole with a Telethon...

The amount the Government has to borrow each week has jumped from $250 million a week to $300 million a week.