New Zealand's biggest superyacht, owned by the country's richest man Graeme Hart, crept into Auckland Harbour this week. The yacht Weta is Hart's latest toy - and his third enormous yacht.

NZ Post has come out top of a new Corporate Reputation Index, while Telecom has come bottom of the list.

The $6.3bn takeover by Graeme Hart's Reynolds Group of Pactiv Corporation was challenged in a lawsuit by a trade union pension plan.

Graeme Hart is sticking with his longtime strategy of heavily leveraging his business deals, borrowing as much as US$5bn to help pay for Pactiv.