All News

UPDATED: OMV NZ pays record dividend to Austrian parent

UPDATED: OMV NZ pays record dividend to Austrian parent

(Adds comment from managing director Peter Zeilinger starting in fourth paragraph) By Jonathan Underhill July 23 (BusinessDesk) - OMV, New Zealand’s largest producer of liquid hydrocarbons and third-biggest gas producer, posted a record profit in 2011 as it benefited from incre...

23 Jul 2012
Auckland Airport flags 11% increase in international arrivals

Auckland Airport flags 11% increase in international arrivals

By Hannah Lynch July 23 (BusinessDesk) - Auckland International Airport, which is targeting Asian arrivals to stoke growth over the next decade, flagged an 11 percent increase in international arrivals in the month of June over the same month last year. The increase was so larg...

23 Jul 2012
Appeal Court bench to look at full affidavit in Tauber dispute with IRD search

Appeal Court bench to look at full affidavit in Tauber dispute with IRD search

By Paul McBeth July 23 (BusinessDesk) - The Court of Appeal has asked to see an affidavit at the heart of the tax department's raids on the homes of Auckland businessmen Andrew Tauber and Paul Webb last year. The bench made up of Justices Lynton Stevens, Simon France and Forre...

23 Jul 2012