Fran O'Sullivan: Hail Caesar – calling the tune with just 7.5%

I'm joining the "forces of treachery" and arguing it is time Bill English stepped up and said he is willing to open negotiations with any of the other political parties to form a Government.This is a challenge to the accepted order.... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

Mary Holm: Shares v houses – The winner is clear

Q: You will no doubt have read Brian Gaynor's recent column in which he says: "Thirty years ago, on Friday, September 18, 1987, the long-standing NZX benchmark index reached an all-time high of 3968.89. This capital index, which is... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

Investigation into charity trust supporting Maori King sharpens focus

Investigators probing alleged financial misappropriation at the office of the Maori King are zeroing in on the alleged actions of one individual.The Weekend Herald understands Charities Service investigators have begun conducting... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

First Boeing Dreamliner for Qantas takes flight

Qantas' first Dreamliner has taken to the skies above Seattle as the airline prepares to launch its Perth-to-London services.The 787-9 is due to join the airline around the middle of this month after completing a test programme... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

Queen Street forex operator fined $5.3m for failure to fulfil anti-laundering regulations

A Queen St money-changer and money remitter has been fined $5.3 million after the High Court at Auckland heard it "failed abysmally" to meet regulations intended to prevent money-laundering.The Department of Internal Affairs, which... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

Candy company general manager loses case over sacking of worker

The general manager of a confectionery distribution company who allegedly described one employee as a "Chinese c***" and another as a "fat useless f***ing slob that draws penises and vaginas all day" has lost an unfair dismissal case... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

RBNZ tidy earner under Wheeler, with almost $1b of dividends to the Crown

The Reserve Bank of New Zealand kept its dividend largely unchanged in the 2017 financial year, taking the total returns under former governor Graeme Wheeler's stewardship to $990 million. The Wellington-based central bank reported... Source: NZ Herald Business News

By | September 29th, 2017|Business|0 Comments

Revealed: 50 more shops to open at Sylvia Park mall

Further details of the $200 million expansion of Auckland's biggest mall have been revealed, including that the overall centre will soon cover more than 10ha of indoor floor space and 50 new shops will open.Plans for the expansion... Source: NZ Herald Business News

By | September 28th, 2017|Business|0 Comments

Stock Takes: First big revamp of NZX rules since 2003

Allowing foreign companies to list their shares on the local exchange in the form of depository receipts is one of several proposals being put forward by the NZX in a wide-ranging discussion paper released this week.In its first... Source: NZ Herald Business News

By | September 28th, 2017|Business|0 Comments

57-storey giant set to tower over Auckland

Hengyi Pacific, the company planning a 57-level tower in downtown Auckland, has already built two Melbourne super-towers and is well under way with a third.And now it has big plans for its site here. Although many Auckland apartment... Source: NZ Herald Business News

By | September 28th, 2017|Business|0 Comments