Business

Feltex judge’s retirement delayed as new supporters emerge
Markets

Feltex judge’s retirement delayed as new supporters emerge

Feltex Carpets investors are seeking more time and have new supporters guaranteeing funding for their court case against the company’s former directors and promoters.

Victoria Young 14 Jul 2020
JENNY RUTH: Super Fund sells NZ Inc down the river with Metlifecare sale
Infrastructure Free

Jenny Ruth: JENNY RUTH: Super Fund sells NZ Inc down the river with Metlifecare sale

It doesn't take too much thought to conclude the New Zealand Superannuation Fund has sold NZ Inc down the river when it comes to the Metlifecare takeover.

Jenny Ruth 14 Jul 2020
SFO probes Labour Party on donations
Law & Regulation

SFO probes Labour Party on donations

The Serious Fraud Office has confirmed a fifth investigation into electoral funding, stating today it is looking into donations to the Labour Party.The agency said the probe relates to donations made in 2017.“We consider that making the current announcement is consistent with our...

Victoria Young 13 Jul 2020
Green Party coal ban 'tough' but worth aiming for - Synlait
Infrastructure

Green Party coal ban 'tough' but worth aiming for - Synlait

A Green Party plan to end industrial coal use by 2030 would be “tough” for many New Zealand industries but is a target that is worth aiming for, Synlait Milk said. Halting the use of coal in process heat by then would be “pretty ambitious” even for a company like Synlait which...

Gavin Evans 13 Jul 2020