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Feltex trial - defence highlights key plaintiff witness’s fulsome praise of reform

Feltex trial - defence highlights key plaintiff witness’s fulsome praise of reform

April 3 (BusinessDesk) – An Australian consultant who gave scathing evidence against former directors, owners and advisers of failed Feltex Carpets also praised its progress in a series of articles in his engineering magazine after the company floated, the High Court heard today...

03 Apr 2014
MARKET CLOSE NZ stocks join global rally; Telecom, Fonterra rise

MARKET CLOSE NZ stocks join global rally; Telecom, Fonterra rise

By Suze Metherell April 3 (BusinessDesk) – New Zealand shares snapped a three day decline, joining a global rally on positive US US job data and factory orders. Telecom led the benchmark index higher as international investors sought exposure to the kiwi market, while units in...

03 Apr 2014
NZF Group auditor exit scuttles restructuring, board proposes liquidation

NZF Group auditor exit scuttles restructuring, board proposes liquidation

April 3 (BusinessDesk) - NZF Group faces liquidation after the resignation of its auditor scuttled a proposal for a substantial restructure, and left the board with no option but to liquidate the company. The Auckland-based financial services firm planned to seek an early rede...

03 Apr 2014
Auckland Airport raises $150 mln in wholesale bond issue, mulls retail offer

Auckland Airport raises $150 mln in wholesale bond issue, mulls retail offer

03 Apr 2014
NZ dollar slides as weaker dairy prices weigh on rate outlook, ECB meeting looms

NZ dollar slides as weaker dairy prices weigh on rate outlook, ECB meeting looms

03 Apr 2014
NZ Post quits unprofitable Localist experiment to focus on core business, Kiwibank

NZ Post quits unprofitable Localist experiment to focus on core business, Kiwibank

03 Apr 2014
Fonterra wins 10-year contract to supply Woolworths in Australia’s Victoria state

Fonterra wins 10-year contract to supply Woolworths in Australia’s Victoria state

03 Apr 2014
Consultant tells Feltex hearing he turned down shares as payment a year out from float

Consultant tells Feltex hearing he turned down shares as payment a year out from float

03 Apr 2014
Z Energy targets $40-$50 mln operating earnings uplift by 2018

Z Energy targets $40-$50 mln operating earnings uplift by 2018

02 Apr 2014
BNZ boss Thorburn bumped upstairs to lead Australia’s NAB

BNZ boss Thorburn bumped upstairs to lead Australia’s NAB

02 Apr 2014
MPI finds another Queensland fruit fly in Whangarei

MPI finds another Queensland fruit fly in Whangarei

02 Apr 2014
NZ Energy Corp targeting 16 producing wells as workover programme gathers pace

NZ Energy Corp targeting 16 producing wells as workover programme gathers pace

02 Apr 2014
Mainzeal liquidator steps up pressure on director Yan over related party

Mainzeal liquidator steps up pressure on director Yan over related party

02 Apr 2014
NZ dollar falls on concern lower dairy commodity prices may weigh on economy

NZ dollar falls on concern lower dairy commodity prices may weigh on economy

02 Apr 2014
NZ share trading busier in March, though value slides

NZ share trading busier in March, though value slides

02 Apr 2014
Former MFS Pacific CFO’s testimony may pose ‘real difficulties’ for receiver’s claim, says judge

Former MFS Pacific CFO’s testimony may pose ‘real difficulties’ for receiver’s claim, says judge

02 Apr 2014
PushPay mobile app venture raises $5.1mln, plans for small cap listing

PushPay mobile app venture raises $5.1mln, plans for small cap listing

02 Apr 2014
While you were sleeping US jobs, factory orders

While you were sleeping US jobs, factory orders

02 Apr 2014
MARKET CLOSE NZ stocks fall as Xero’s growth falters

MARKET CLOSE NZ stocks fall as Xero’s growth falters

02 Apr 2014
Commerce Commission delays court filings in interest rates swap case

Commerce Commission delays court filings in interest rates swap case

02 Apr 2014
NZ dollar drops as weak dairy auction spurs speculation on rate hikes

NZ dollar drops as weak dairy auction spurs speculation on rate hikes

02 Apr 2014
NZ commodity prices fall for first time in four months in March, as cheese, milk powder decline

NZ commodity prices fall for first time in four months in March, as cheese, milk powder decline

02 Apr 2014
PM Key drops first budget announcement – more help for exporters

PM Key drops first budget announcement – more help for exporters

01 Apr 2014
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