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Latest Business headlines from nzherald.co.nz

GDP will rise in the long term
The economic impact of the Canterbury earthquake will be sharply negative in the near term but probably positive for gross domestic product over a longer period, economists say.Canterbury is home to 13 per cent of the population...
Outside tradesmen ready to join Christchurch earthquake cleanup
Auckland and regional tradesmen are considering sending teams to Christchurch to take part in the estimated $2 billion cleanup - but one South Island industry leader says they are not needed.A survey of Auckland plumbers, builders...
Gareth Morgan: Too big to fail Kiwi style
Let's hope the unfortunate demise of South Canterbury Finance is the closing act of the era of financial sector profligacy.That indulgence has been responsible for a lost decade of raising living standards. It's a scary indictment...
SCF 'unlikely' to be bought as single entity
The chances of selling South Canterbury Finance as a whole are likely to be close to zero, says an expert in distressed asset sales.Receivers for the failed finance company yesterday called for expressions of interest in South...
NZ dollar rises as anxiety eases, eyes on Australia
The New Zealand dollar opened firmer this morning as anxiety about the global economy eases, and could get further support following news across the Tasman.At 8am today, the NZ dollar was buying US72.27c from US72.13c at 5pm and...