30 January 2009 - 3 NEWS is delighted to acknowledge Tauranga's significant growth by making the area a permanent fixture on the 3 NEWS weather map.

30 January 2009 - Fairfax Magazines has appointed Debbie Harrison as the new editor of Sunday magazine.

Harrison, who has been the deputy editor on NZ House & Garden for the past two years, started at Fairfax Magazines in 2004 to launch the weekly publication, Auckland Max.

30 January 2009 - New Zealand will be better prepared for economic recovery if households, firms and banks do not "pull down the shutters", Reserve Bank Governor Alan Bollard said today.

30 January 2009 - Westpac New Zealand has announced a 1% cut to its business overdraft and base business lending rates, in a move that will provide some relief to businesses as well as the rural sector.

30 January 2009 - In its latest move to offer New Zealanders world class broadband services, Telecom Wholesale is installing the newest and most advanced standard of super-fast broadband - known as VDSL2 ('Very High-Speed Digital Subscriber Line 2').

29 January 2009 - Transport operators need to take a close look at their pricing strategies if they are to survive in the current market, according to leading transport and business turnaround specialist Trevor Thornton.

29 January 2009 - Solid Energy has today confirmed it will invest $100 million in a new coal processing plant at Stockton Opencast Mine in the Buller, the next major step in a substantial long-term investment programme designed to secure a further 20-year life for the mine.

"The 150 basis point cut will be welcomed by farmers, but only if the banks play ball and pass this large cut onto their business customers," says Philip York, Federated Farmers economics spokesperson

Kiwibank has responded to the cut in the Official Cash Rate by the Reserve Bank by cutting all home loan rates. The bank's lowest rate is the key one-year fixed term which has been reduced to 5.69% p.a.

The Reserve Bank's historic cut to the Official Cash Rate is welcome news but it will take time for the overwhelming majority of householders to feel any real benefit, according to an Auckland business lobby group.