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Telecom board defends CEO's 'shameless' salary package
Telecom's board chairman says CEO Paul Reynolds deserves his $5m salary package, which was labelled "shameless greed" by a union head today.
Telecom boss's $5m 'shameless greed': Union
The EPMU hits out at Telecom's decision to pay CEO Paul Reynolds his full performance bonus, despite the company suffering a 43.9 per cent drop in profits.
Telecom's $5m boss gets bonus despite profit fall
Telecom will pay chief executive Paul Reynolds his full performance bonus despite a fall in profits.
Telecom profit falls 44pc to $398m
Telecom has this morning reported a 43.9 per cent fall in full year net profit to $398 million.
More NZers diagnosing illnesses online: Survey
More New Zealanders are diagnosing their illnesses online instead of going to their GP, according to a new survey.
Transfield proposes 154 job cuts
Contractor Transfield Services is proposing to make 154 staff redundant, saying it needed to adapt its telecommunications business to stay ahead of significant changes.
Shake-up in the country's boardrooms
On Monday, Fisher & Paykel Appliances will take its first steps towards a major boardroom shake-up.