The Government has launched an independent probe of Chorus' financial position and its ability to deliver on nationwide ultrafast broadband contracts.

Moa boss Geoff Ross says the up to $6 million full-year loss forecast by the craft beer brewer reflects the "triple hit" the company received from a sales shortfall.

NZ Oil and Gas has a moral obligation to pay Pike River families it's claimed - after shareholders yesterday voted not to fork out $3.41m awarded by judge.

New Zealand Oil and Gas shareholders voted yesterday not to pay reparation of $3.41 million to the Pike River families.

Grey District mayor Tony Kokshoorn says the resource consent approval for Escarpment coal mine on the West Coast's Denniston Plateau is great news for the district.

New Zealand tech stocks continued to soar today. Cloud accounting company Xero touched a new high of $29.30 - giving it a market capitalisation of $3.7 billion.

The first marine consent application for seabed mining on the North Island's west coast is about to be lodged.

Why scrap over 2 per cent of the beer market? That's the question being posed by Moa Brewing Company chief executive Geoff Ross.

Australian mining magnate and long-time philanthropist Andrew "Twiggy"Forrest has donated A$65 million ($NZ73.9m) to universities in Western Australia.

NZ tech darling Xero has raised $180m in new capital - but it's not planning new acquisitions. It's "more about building a war chest" says founder Rod Drury.