
Senior Fonterra GM jumps ship to become ambassador to Korea
By Pattrick Smellie March 5 (BusinessDesk) - Long-serving Fonterra senior executive Philip Turner is leaving the Auckland-based dairy cooperative to become New Zealand's new ambassador in South Korea. Foreign Minister Winston Peters announced the appointment today, although...

Trans-Tasman business summit sees PMs commit to SME exports initiative
By Pattrick Smellie in Sydney March 2 (BusinessDesk) - Trans-Tasman travel bureaucracy, e-commerce frameworks, regulatory costs and other barriers to small and medium-sized businesses trading with one another are to be the subject of a joint investigation by the Australian and...

TVNZ unfazed by promised Radio NZ funding boost
By Pattrick Smellie March 1 (BusinessDesk) - Television New Zealand is unfazed by government proposals to increase funding for Radio New Zealand that will allow it to produce more video content, the state-owned broadcaster's chief executive, Kevin Kenrick told Parliament's eco...

TVNZ beats full-year earnings targets in first six months
By Pattrick Smellie Feb. 28 (BusinessDesk) - State-owned broadcaster Television New Zealand reported a 17 percent improvement in operating earnings for the six months to Dec. 31. At $30.2 million, earnings before interest, tax, depreciation, amortisation and movements in th...