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Rob Fyfe to mentor Michael Hill's CEO Phil Taylor
By Sophie Boot Aug. 31 (BusinessDesk) - Former Air New Zealand chief executive Rob Fyfe will mentor Michael Hill International's new CEO Phil Taylor as he establishes himself in the role. Fyfe has agreed to a two-year consultancy, and will be paid up to $16,000 per month fo...

Business confidence dips but still points to solid economic growth - ANZ
By Rebecca Howard Aug. 31 (BusinessDesk) - New Zealand business confidence dipped in August but optimists continue to outnumber pessimists and activity and investment intentions remain consistent with solid economic growth. A net 18.3 percent of firms surveyed in the ANZ B...

TVNZ full-year profit drops 89% on Disney contract writedown, weaker sales
By Pattrick Smellie Aug. 31 (BusinessDesk) - State-owned Television New Zealand posted an 89 percent drop in full-year profit after taking a $12.4 million writedown on the value of an "onerous" contract for content from the Disney studio and some $4.5 million of restructuring...