
Competition needed to lower gas prices
More competition is needed to cut petrol prices - and somebody should petition Gull to expand, Transport and Energy Minister Simon Bridges says.
More competition is needed to cut petrol prices - and somebody should petition Gull to expand, Transport and Energy Minister Simon Bridges says.
The former owners of the Clear Grain Exchange were concerned by former NZX boss Mark Weldon's angry behaviour.
New Zealand shares fell as fears around the potential for Britain to exit the European Union continued to erode risk appetite.
Fast food chain franchise may ditch plans to enter the US market.
New Zealand shares fell as the local bourse joined a global selloff in equity markets amid concern Britain could leave the European Union.
Pyne Gould Corp shares are allowed to trade again, ending a seven-month suspension.
A miner reveals the hidden pain of suffering a mental breakdown while living and working at a remote Australian site.
New Zealand shares rose, led by A2 Milk Co and Air New Zealand, which has sold most of its Virgin Australia stake at a better price than the market expected.
Low interest rates have been a key factor behind the NZ sharemarket's strong run, due to its high proportion of dividend-paying, high-yielding stocks.
Mark Weldon couldn't take criticism and ruled NZX with an iron fist while deliberately avoiding requests from Clear's former owners, High Court has heard.
New Zealand shares rose as Steel & Tube Holdings rebounded from Thursday's sell-down and Metro Performance Glass gained.
COMMENT: The domestic sharemarket has continued its march ahead, with the S&P/NZX 50 Index moving through 7000 points for the first time ever.
Solid Energy, which is being broken up and sold, has applied for consent to start a small mine near Reefton, allowing it to retain staff.
Since May 2011 the market index has piled on an average increase of 14.6% a year, to the point where it is now almost double where it was in May 2011.
Shares in Steel & Tube Holdings have fallen to their lowest level since the aftermath of the September 11 attacks.
New Zealand shares gained as Fletcher Building reached its highest level this year on speculation it will benefit from housing demand.
New Zealand's benchmark stock index hit a record high, led by Air New Zealand and Tower, while Steel & Tube Holdings continued to decline.
COMMENBT: Fu Wah International, which already has plans to build two hotels in Auckland, wants to take a stake in a Kiwi retirement village operator.
NZX's former head of strategy told the High Court Ralec set the first target Clear failed to meet.
New Zealand shares were mixed on a relatively quiet Monday as the market digested results posted by companies with a March 31 balance date.
Abano has agreed to sell its 50 per cent stake in audiology company Bay International to interests associated with Peter Hutson for $32 million.
There's no doubting that the NZX and the wider investment community would like to see more initial public offers and sharemarket listings.
New Zealand shares fell from a record high as speculation about a Federal Reserve rate hike next month drove up the US dollar
The emergence of new investor groups such as iwi and community trusts will introduce additional liquidity into the private equity sector, says the latest EY survey.
New Zealand shares rose, pushing the S&P/NZX 50 Index to a new record on expectations Meridian Energy will be a key beneficiary of proposed changes to electricity transmission charges.
A changing of the guard is underway at Buffett's holdings company.
Spark, Precinct Properties and energy firms among the falls but Xero goes against trend to extend Friday's gains.
Former MediaWorks chief executive Mark Weldon has been thrust into the public eye again, this time to answer questions in a courtroom witness box.
NZ shares fell on renewed concerns that Sky Network Television will struggle to maintain subscriber numbers in the face of new internet-based rivals.