![Peter Lyons: Forget evil rich - flaw is in the system](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Peter Lyons: Forget evil rich - flaw is in the system
A natural outcome of a market economy must be inequality of incomes. They are a necessary and desirable outcome, writes Peter Lyons.
A natural outcome of a market economy must be inequality of incomes. They are a necessary and desirable outcome, writes Peter Lyons.
Big gold producers are making plans to wind down some operations in different parts of the country while keeping a close eye on the price of the precious metal.
Global fallout from the shock decision by Switzerland's move to remove the cap on the franc has widened with more traders and hedge funds closing or facing escalating losses.
Retail veteran Rod Duke is staying silent on market speculation that he might try to take control of struggling childswear retailer Pumpkin Patch.
Accounting software firm Xero has introduced a new combined payroll and accounting software platform to help increase growth in the US.
The New Zealand dollar is heading for a 5 per cent decline against the greenback in 2014, a year which saw the kiwi soar close to a post-float high and prompted the central bank to intervene to bring it down.
For New Zealanders interested in investing in Australia, 2015 looks set to provide a golden opportunity.
The extraordinary strength of the New Zealand dollar against the aussie wasn't the main reason why Infratil and the New Zealand Superannuation Fund decided to buy RetireAustralia, but it helped.
The initial public offering pipeline is expected to keep delivering in the year ahead, but market watchers say it will be a challenge to match or exceed 2014's bumper crop of 12 IPOs.
United States markets head into the last week of the year with a "Santa Claus rally" having lifted them to record highs, picking up momentum from outstanding GDP numbers in the world's biggest economy.
The benchmark NZX 50 Index hit its highest point yesterday and has risen by 17 per cent in 2014, marking another golden year for local equities.
Mighty River Power and the Tuwharetoa Maori Trust Board have signed a deal over water in Lake Taupo, the terms of which the electricity generator says are confidential.
APN News & Media has increased its presence in the Australian broadcasting scene through the purchase of Perth radio station 96FM from rival publisher Fairfax Media.