Official Cash RateCrown fielded proposals to buy SCFThe Crown fielded a number of proposals to recapitalise South Canterbury Finance (SCF) or buy it before and as it collapsed but most involved some form of Crown support, according to documents released today.14 Apr 04:50 AM
Personal FinanceHubbard said thanks to Treasury, PM, EnglishAllan Hubbard thanked Treasury, Prime Minister John Key and Finance Minister Bill English for helping save his company nine months before the Government placed it in receivership, just released documents show.14 Apr 01:30 AM
New ZealandKey changes tack over meeting with broadcasterThe PM admits he talked with MediaWorks bosses before they received a $43.3 million helping hand from the Govt.08 Apr 05:30 PM
PoliticsEnglish told quit over 'epic' SCF billLabour has called the Govt's revised $1.2b South Canterbury Finance bill a "disaster of epic proportions", saying Finance Minister Bill English "grossly mishandled" the situation and should resign as a result.04 Apr 09:42 PM
New ZealandNZ dollar firm on ongoing risk appetiteThe New Zealand dollar reached a seven-week high against the greenback today on further evidence of rising commodity prices while investors continued to be more comfortable with risk.04 Apr 07:47 AM
New ZealandEarthquake bill so far: $1.1 billionPrime Minister John Key said the Government has more spending to come, pointing at an EQC net cost estimate of $1.5b for the latest quake.04 Apr 06:07 AM
EconomyDeficit figures point to budget pressures, Key saysA $1.7 billion higher-than-forecast deficit points to the fiscal challenges the Government faces in its May budget, Prime Minister John Key says.04 Apr 05:20 AM
Personal FinanceSth Canterbury loans cost Govt extra $331mThe government's finances have taken a $331 million hit, largely due to problems recovering money from failed South Canterbury Finance's tangled set of related party loans.03 Apr 11:30 PM
EconomyTreasury argues for lower taxA Treasury paper out today argues for lower tax and less government spending, saying the size and the structure of government plays an important role in economic performance.01 Apr 12:00 AM
PoliticsPM called a liar over Hubbard affairPrime Minister John Key was called a liar when he fronted a meeting in Timaru last night packed with vocal Allan Hubbard supporters. The PM was forced to defend the Govt's handling of South Canterbury Finance to a bositrous 500-strong crowd30 Mar 08:30 PM
EconomyTreasury: Rebuild to cost up to $15bThe Christchurch earthquake will knock gross domestic product growth back by 1.5 percentage points this year, but Treasury predicts a silver lining with 2012 bringing a sizeable boost to residential, commercial and infrastructure investment06 Mar 01:33 AM
New ZealandKey: Earthquake memorial in two to three weeksJohn Key says a national memorial service will allow all NZers to mourn, with details of the service to be announced early next week.03 Mar 04:51 AM
