BOP Result Points To Underlying Strength
Finance Minister Michael Cullen said the September balance
of payments figure was in line with market expectations and
provided further confirmation of the underlying resilience
of the New Zealand economy.
“The deficit has been reducing
each quarter since the beginning of 2000 and is now half
what it was when the government took office.
is well positioned to weather the global downturn and to
capture early the benefits of a recovery in world demand,”
Dr Cullen said.
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Pike River: Mine Drift Re-Entry Plan To Proceed
The Pike River Mine Drift will be re-entered, Minister Responsible for Pike River Re-entry Andrew Little announced today.
“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little...
“The advice I have received indicates that it is likely to be around February before the re-entry proper gets underway, by breaching the 30m seal.” More>>