John Armstrong: Mighty River's trickle of answers insulting
In one stroke, Mighty River Power has made a mockery of Parliament's annual financial review mechanism,.
In one stroke, Mighty River Power has made a mockery of Parliament's annual financial review mechanism,.
Gas station chain Z Energy has confirmed this morning that it is being prepared for a sharemarket listing by its main shareholders, Infratil and the NZ Super Fund.
The New Zealand sharemarket surged to a record high yesterday, driven by rises in major stocks including Telecom, Sky TV and Xero.
SkyCity Entertainment Group could be up for $500 million if it wins the right to build a new Gold Coast casino, cruise ship terminal and tourism project, an expert estimates.
New Zealand's sharemarket hit an all-time high this afternoon, a market analyst says.
Peter Dunne has sent a "time bomb warning" to Prime Minister John Key, saying his "cut through" approach risks becoming "a major problem".
The Port of Tauranga says a decision allowing it to make way for super-sized containerships has ended a near four-year battle with iwi.
The Mighty River Power share offer website was this afternoon buckling under the weight of hits.
Shares in Sky TV will resume trading on the NZX this morning, after the company said News Corp had successfully sold its 43.6pc stake in the company.
The Government's partial asset sales policy will launch tomorrow with a $1 million advertising blitz to promote the sale of Mighty River Power shares.
Rupert Murdoch's selling out of Sky Television comes at to the end of a long golden period for the business, writes John Drinnan.
More details are due today of the NZX listing of Mighty River Power whose float could have a short-term hit on the broader market.
The debate about the financial merits of assets sales is a good one, and based purely on the numbers the benefits are marginal, writes Liam Dann.
Rupert Murdoch's News Corp is understood to be selling out of New Zealand's Sky Television, and shares are expected to go on a trading halt this morning.
Retailer Postie Plus is again in talks with its bankers as it prepares to announce a "substantial loss" to the market.
Boutique beer maker Moa is hoping to cash in on a growing craft beer market in Canada.
February must have been KiwiSaver Action Month, writes personal finance columnist David Chaplin.