Mortgages unlikely to fall in spite of rate cut
New Zealand Herald
Fri Jul 25 05:30:00 2008
Mortgage costs are likely to keep rising for months despite governor Alan Bollard cutting the Reserve Bank's official cash rate from 8.25 to 8 per cent yesterday. With 88 per cent of mortgage debt in fixed rate loans, people whose...

Nats' policy will hit wages, say Govt and unions
New Zealand Herald
Fri Jul 25 05:05:00 2008
The Government and trade unions say National's employment relations policy will cut wages, despite the party saying it will retain core provisions of the Employment Relations Act if it wins the election. National leader John Key...

Unitec plans cuts in jobs and courses
New Zealand Herald
Fri Jul 25 05:01:00 2008
Unitec has told staff it may axe more than 60 jobs in a restructuring to cut costs. Chief executive Dr Rick Ede said the tertiary institution needed to improve its financial position by between $11 million and $18 million over...