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Denton Morrell undefended at liquidation hearing
By Victoria Young July 19 (BusinessDesk) - Three lawyers from different firms attended the High Court at Auckland today to see wealth management company Denton Morrell moved into liquidation. However, nobody showed up to represent the company which has been suspected by th...

Contact steam to heat Norske Skog pellet business secured
By Gavin Evans July 19 (BusinessDesk) - Norske Skog’s wood pellets business has secured a steam supply from Contact Energy for its Taupo plant. The new energy supply for Nature’s Flame will largely come from downstream of the Tenon sawmill, which Contact has supplied with g...

Air NZ to amend booking engine after lawyer’s complaint
By Victoria Young July 19 (BusinessDesk) - Air New Zealand will make changes after a lawyer complained to the Commerce Commission over scarcity pricing tactics. Barrister Michael Wigley - whose criticism over opt-out insurance led to a formal warning for the airline in 201...