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Air NZ chief on partial sale
Business

Air NZ chief on partial sale

In part two of a two-part interview Air NZ chief executive Christopher Luxon talks to Business Herald aviation reporter Grant Bradley, including his thoughts about any Govt share selldown and the arrival of the new 787 Dreamliner.

Air NZ's Christopher Luxon
Business

Air NZ's Christopher Luxon

In part one of a two part interview Air NZ chief executive Christopher Luxon talks to Business Herald aviation reporter Grant Bradley about changes he has introduced. Part two will address the Government sell down and arrival of the 787.

Meet the CEOs – 2degrees
Business

Meet the CEOs – 2degrees

In the latest interview in our Meet the CEOs business video series, 2degrees chief executive Stewart Sherriff talks to Herald reporter Hamish Fletcher.

Meet the CEOs: Sky TV boss
Business

Meet the CEOs: Sky TV boss

In the latest interview in our Meet the CEOs business video series, Sky TV chief executive John Fellet speaks with Herald media writer John Drinnan.

Mars rover replica in NZ
Business

Mars rover replica in NZ

Qantas is rolling out a near life-size replica of Mars rover Curiosity around New Zealand to promote its frequent flyer programme. The sedan-size machine is about 80 per cent as big as the real thing that is exploring the red planet. The Qantas version will be seen at airports and other venues around the country during the next month after touring Australia.

Wealth inequality in the UK
Business

Wealth inequality in the UK

Inequality has been rising for 30 years. The gap between rich and poor is the widest since the second world war. If current trends continue, we will have reached Victorian levels of inequality in 20 years. courtesy http://inequalitybriefing.org.

$100m boost tipped from A380
Business

$100m boost tipped from A380

The introduction of an Airbus A380 aircraft on Emirates' daily Dubai-Brisbane-Auckland route will boost annual capacity on the service by 100,000 seats and inject an extra $100 million into New Zealand's economy, says Auckland Airport chairwoman Joan Withers.

Key scathing of UN failings
New Zealand|Politics

Key scathing of UN failings

Prime Minister John Key has mounted a scathing attack on the failings of the United Nations and the permanent members of the Security Council, saying it gets bogged down in arcane detail and had become hostage to the interests of the most powerful.

Kiwi entrepreneurs at the America's Cup
New Zealand

Kiwi entrepreneurs at the America's Cup

Kiwi entrepreneurs and expats are everywhere around the America's cup, it's an amazing mix of social, networking, and global leadership that makes an electric entrepreneurial environment where connections and ideas are forged. courtesy 90secondsTV.

Reserve Bank leaves OCR on hold
New Zealand

Reserve Bank leaves OCR on hold

The Reserve Bank said it expected the introduction of LVR restrictions to help to slow house price inflation. The Herald's Economics Editor Brian Fallow asks Governor about the success and planning about the LVR curves in place. In the big picture, Governor Graeme Wheeler said the global economic outlook remained mixed. Economic growth in Australia and China had slowed and some emerging market currencies had come under downward pressure. At the same time, the major developed economies continued to recover and New Zealand's export commodity prices remained very high, he said.

Mood of the Boardroom: Fran O'Sullivan
New Zealand

Mood of the Boardroom: Fran O'Sullivan

Our business leaders remain optimists at heart, which is a good thing. Business culture is at its best reflecting a determined belief that, when the right moves are made at the right time, we have reason to expect outcomes will be positive. The overwhelming majority of respondents in the 2013 Mood of The Boardroom survey indicated they see New Zealand as going forward over the next decade. Only a small minority felt New Zealand was slipping back.

Mood of the Boardroom: NZ Herald reports
Business

Mood of the Boardroom: NZ Herald reports

Our business leaders remain optimists at heart, which is a good thing. Business culture is at its best reflecting a determined belief that, when the right moves are made at the right time, we have reason to expect outcomes will be positive. The overwhelming majority of respondents in the 2013 Mood of The Boardroom survey indicated they see New Zealand as going forward over the next decade. Only a small minority felt New Zealand was slipping back.

TVNZ ekes out 1.4pc profit lift
New Zealand

TVNZ ekes out 1.4pc profit lift

Television New Zealand, the state-owned broadcaster, lifted annual profit 1.4 per cent, slightly ahead of its 'Statement of Intent' forecast, though missed its target for revenue. In this video provided by TVNZ Jesse Mulligan from Seven Sharp talks to TVNZ Chairman Wayne Walden and CEO Kevin Kenrick about the companys FY2013 financial results.

New home loan rules explained
Business

New home loan rules explained

As part of a move to take steam out of housing market, banks will soon be subject to tighter mortgage lending rules. Sam Shuttleworth, a banking partner at PwC, joined us in the studio to explain the changes.

Asset sales referendum: 'utter waste of money'
New Zealand

Asset sales referendum: 'utter waste of money'

Prime Minister John Key says the asset sales referendum will be an "utter waste of money" and the sales process could be completed before it is held. The petition is to be tabled in Parliament today, after which the Government will have a month to set a date for the referendum, or declare a postal referendum.

Mighty River: Shares up as profit rises
New Zealand

Mighty River: Shares up as profit rises

Mighty River Power shares rose nearly 2 per cent in early trading after announcing a profit well above prospectus forecasts and close to 70 per cent more than last year. Chairwoman Joan Withers said the shares had been hit by a " perfect confluence of elements" including ongoing uncertainty about fundamental changes to the electricity market promised by opposition political parties, increased interest rates paid on long term bonds and uncertainty about Tiwai Point aluminium smelter although recently there was now more clarity about demand by the country's biggest single electricity user. When the share market opened shares rose 4c to $2.23. The company said it will pay a final dividend of 7.2 cents a share on September 30 for those who hold shares on September 11.

Tiwai Pt power deal done
New Zealand

Tiwai Pt power deal done

Meridian Energy has resolved its negotiations with Rio Tinto subsidiary New Zealand Aluminium Smelters locking in the Tiwai smelter until at least January 2017 - with the help of a $30 million subsidy from the New Zealand government. The deal, which has been a year in the making, will help clear the way for Meridian's $5 billion float on the stock exchange - expected to go ahead before the end of the year.

Is the property market still booming?
New Zealand

Is the property market still booming?

Is the property market still booming? What is the real impact of foreign buyers on the NZ real estate market – property and real estate commentator Alistair Helm talks to Chris Daniels about the state of the market.

John Key: Fonterra crisis updated
New Zealand

John Key: Fonterra crisis updated

Prime Minister John Key says he is prepared to fly to China if he needs to in the wake of the Fonterra whey contamination scandal. Chinese food regulators will be visiting New Zealand following the recent meat registration problem and the infant formula contamination would also be discussed, Mr Key said. "There will be ongoing dialogue and discussion between myself at a prime ministerial level and regulators in China over time.''

Britain's first Fracking protest
World

Britain's first Fracking protest

In what was reportedly the first major anti-fracking protest in Britain protesters chanted and glued their hands together in order to show opposition to plans for controversial fracking in Balcombe. Credit: 108Morris108/NewsPoint.