We'll be watching the case with a lot of interest, but to be perfectly honest it's not a major issue in New Zealand.

As a political matter, it's very much in Gov. Bush's interest for voters to feel unsettled with the status quo.

Clearly the cycle of rising global interest rates has only just started, and this is likely to make it a very tough environment for equities through the second half of the year.

There's considerable nervousness about the direction of interest rates. After having such a strong run earlier, markets need some time to catch their breath.

There will be continuing interest in our resources -- there's just no question about it.

Who is in charge? Is it taxpayers or is it the special interest groups?