Industries

Fund continues strong run

retirement nest egg

The NZ Superannuation Fund's returns over the past year have reached almost 20 per cent.

Ex-Fonterra CEO to chair Orion

andrew ferrier

Andrew Ferrier's appointment as chairman will fuel speculation the healthcare software firm is eyeing a float.

Council incomes rise

Hamilton City Council

Local authorities spend more than they earn, but the shortfall gets smaller as interest and dividends grow.

New CFO for The Warehouse

New Zealand Post chief financial officer Mark Yeoman

NZ Post chief financial officer Mark Yeoman will pick up the financial reins at the listed retailer.

Retirement villages may join forces

retirement

Nineteen retirement villages and aged-care facilities across NZ consider a plan to amalgamate.

Port clears hurdle

Red tape

Hamilton's planned $3.3 billion transport hub has jumped its biggest regulatory hurdle.

Power shares up as Nat win looms

electricity 300

The partly state-owned companies reported annual profits recently, and all were better than prospectus forecasts.

Energy sales boost Infratil

Infratil logo

Infrastructure investor Infratil sells Lumo Energy and Direct Connect Australia to Snowy Hydro Ltd for NZ$742m, pushing up Infratil shares.

Todd Energy appeal begins

Todd Energy at Mangahewa

Multimillion-dollar dispute between Todd Energy and its multinational partners in NZ's largest producing gas field reaches Court of Appeal for a second time.

Remarkables skifield a priority

Despite a tough year at its Mt Hutt field, NZSki is going ahead with further investment at its southern skifields.

Cake Tin funding call

Wellington aerial view, Westpac Stadium

Councils should at least consider partially funding upgrades to Westpac Stadium, says stadium boss.

Company fined $70k for death

Man being run over by a faulty forklift at concrete factory was a "tragedy waiting to happen''.

Feltex appeal likely

Feltex

Out-of-pocket investors will challenge the High Court dismissal of a claim against directors, owners and promoters of shares in the failed carpet maker.

Trade Me buys online payment firm

TradeMe

The online auction business has paid a confidential amount for 17-person Wellington firm Paystation.

Infratil sells Aussie energy assets

Infratil's CEO Marko Bogoivski

Infrastructure investor Infratil has sold its Australian energy assets Lumo Energy and Direct Connect Australia to Snowy Hydro Ltd for A$605 million (NZ$742m), plus an adjustment for final working capital.

Windflow Technology narrows loss

Windflow

Turbine-maker Windflow Technology today reported a $5.2 million loss for the year to June 30.

National's $8m oil and gas plans

Tag Oil

National promises $8m to help give better information for investors interested in exploring for oil and gas in NZ.

Service sector looking for workers

magnifying glass dollar

The services sector is upbeat and looking for more workers despite losing half a step in August according to a survey.

Medusa turns gaze to Auckland

stethoscope

Canterbury investor Mark Stewart says the private hospital market in Auckland is a tough one to crack.

Residents dig deep

Mark Beach

Mining green light sparks public protest in the Karangahake Gorge.

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