The Business Herald's executive pay survey shows the number of chief executives being paid more than $1 million jumped from 26 to 32 between 2008 and 2009.

Telecom shares sank to new a low on the NZ sharemarket today, while rises in Fletcher Building, Contact Energy and other leaders helped carry the market higher.

Savvy investors snap up well-located properties, writes Colin Taylor

A proposed optic fibre cable linking NZ, Australia and the USA would unleash billions of dollars of economic potential by connecting NZ businesses to global markets by 2013.