Commerce Commission the biggest hurdle for OMV's Shell buy, says Woodward Partners
By Pattrick Smellie March 19 (BusinessDesk) - Austrian oil and gas producer OMV may have to sell down its stakes in the Maui and Pohokura fields to clear competition law hurdles to its $578 million purchase of Shell New Zealand's remaining assets, says petroleum sector analyst...
NZ SMEs lag Asia-Pacific peers on digital tech, survey shows
By Pattrick Smellie March 15 (BusinessDesk) - New Zealand small businesses are technology laggards compared to their peers in a swag of other countries in the Asia-Pacific region, with owner satisfaction one of the few areas where Kiwi SMEs show above average scores, according...
Energy Minister Woods says low income people shouldn't subsidise solar power
By Pattrick Smellie March 13 (BusinessDesk) - Energy Minister Megan Woods has told a major electricity industry conference the government is watching to make sure low-income consumers don't end up facing higher electricity costs caused by wealthier people installing solar powe...
Lawyer, agent failed Chinese buyers ordered to pay $847k for avoiding foreign land regime
By Pattrick Smellie March 13 (BusinessDesk) - Four Chinese investors who bought a cliff-top mansion in Auckland without getting Overseas Investment Office permission were failed by both their New Zealand legal adviser and real estate agent, according to a High Court judgment h...