
Long-serving Overseas Investment Office head sidelined
By Pattrick Smellie June 13 (BusinessDesk) - The long-serving director of the Overseas Investment Office, Annliese McClure, has effectively been sidelined by the appointment of a "new short-term deputy chief executive" at Land Information New Zealand, whose job is "to focus on...

TAG Oil picks up failed Kea's Puka prospect for $250,000
By Pattrick Smellie June 7 (BusinessDesk) - Canadian-listed Taranaki oil and gas producer TAG Oil has picked up a 70 percent interest in the Puka onshore oil and gas exploration permit for $250,000 following the liquidation of the previous owner, Kea Petroleum. The 85 squar...

World Week Ahead: Eyes squarely on Yellen
By Pattrick Smellie June 6 (BusinessDesk) - By Margreet Dietz June 6 (BusinessDesk) - Investors will scrutinise comments from US Federal Reserve Chair Janet Yellen after poor jobs data raised questions about the economy and practically ended bets on an interest rate hike at...

Expense of an electric car better investment than solar, says Smart Grid Forum
By Pattrick Smellie June 3 (BusinessDesk) - The extra expense of an electric vehicle roughly equates to the cost of installing roof-top solar electricity generation, making it a better investment for environmental outcomes, says John Hancock, the head of the Smart Grid Forum....