Industries

NZ's top earner is a woman

IAG New Zealand chief executive Jacki Johnson has good reason to look pleased.

IAG NZ chief Jacki Johnson earns over $4m and might be the country's top earning executive.

Company fined for lost fingers

Importer and manufacturer European Profile Company, which trades as Thermalframe, was fined $24,375 and ordered to pay reparation of $17,500 after a worker lost four fingers in a wood cutting machine.

Man who had four fingers chopped off in a workplace accident awarded $17,500 in reparation.

Market crash top risk to GDP

A stock market crash is the greatest risk to Auckland and Wellington according to a new report by Lloyd's of London.

Stock market crash biggest threat to Auckland and Wellington's economies, new Lloyd's data says.

'Low uptake' for Kathmandu offer

Uptake of Briscoe's offer was low, says Kathmandu.

Few big Kathmandu shareholders appear to be taking up Briscoe's offer.

Waterproof roads get funding

Research into dairy goat infant formula will get a slice of government investment over the next four years.

Dairy goat infant formula and waterproof roads have qualified for research funding.

Progress claim on IRD project

Inland Revenue deputy commissioner Greg James says parts of its new computer system could go live 15 months earlier than planned.

Efforts are underway to take the political heat out of IRD's $1b-plus Business Transformation project.

NakedBus NZ served liquidation notice

NakedBus founder Hamish Nuttall would not comment on a liquidation notice filed against NakedBus NZ.

Go Bus files application to put Naked Bus NZ into liquidation.

Aorangi Securities directors banned

Duncan Brand says the ban makes him and John Stark scapegoats.

Two men involved in failed Allan Hubbard company Aorangi Securities are banned from directing companies.

NZ dollar low as NZX 50 firms

The New Zealand currency is unchanged despite Wall Street and global markets stabilising on Wednesday.

Global stability overnight helped the NZ sharemarket open higher, but the kiwi is still below US64c.

Briscoe: Take it or leave it for Kathmandu

Briscoe tells Kathmandu shareholders to take or leave its offer.

Briscoe will not up its bid for outdoor clothing firm Kathmandu.

Growth looks set to continue

Wellington City’s economy has strengthened during the middle stages of 2015.

Wellington's economy is in good shape across retail, house sales and accommodation.

Why does NZ feel dissatisfied?

The author of a new study suggests the reason Kiwis have felt dissatisfied is because Australia's economy has outperformed New Zealand's.

If New Zealanders feel downbeat, Australia may be to blame, a new study suggests.

Tourism the economy star

Experts expect to see more tourists this year due to the low New Zealand dollar.

Tourism is "on a roll" to overtake dairy as New Zealand's top export earner.

'Scapegoat' directors fight suspension

Allan Hubbard's company Aorangi Securities was placed in statutory management in 2010.

Two Timaru company directors are set to fight their four year suspension by the Registrar of Companies.

The curse of the regulator

Electricity Authority has long been trying to introduce a fairer way of paying for the national grid, which currently makes up about 7.5 per cent of the average household power bill.

How much will households power bills rise by to pay for the national grid?

Money laundering rules breach

Stringent anti-money laundering laws came into force in June 2013.

Jin Yuan Finance is the first firm to be publicly named and shamed by the Department of Internal Affairs.

KiwiSavers told: Don’t bail out

David Boyle is worried some investors might get scared by sharemarket losses and bail out of their growth KiwiSaver funds into conservative options instead, costing them dearly in the process.

KiwiSaver members who are invested in growth funds are being advised to close their eyes and hold on tight through market turbulence.

Ford NZ boss is a happy man gallery

Ford's new Focus which is set for the New Zealand market.

Ford launches facelifted Focus hatch as New Zealand sales continue to race ahead.

Kiwi Property buys into Westgate

The Zone 7 retail develoment features a 2km road lined by a shopping mall, library, supermarket and more.

Auckland's Zone 7 retail centre development has been bought by giant property fund Kiwi Property for $82.5 million.

Weak start for NZX 50

The kiwi has failed to lift following another postiive GlobalDairyTrade auction.

The NZX 50 opened down for the third day in a row, while a lift in dairy prices failed to boost the kiwi.

Air China alliance approved

Air New Zealand will continue to operate its new Boeing 787-9 on the Auckland to Shanghai route.

New alliance for Air New Zealand will bring cheaper airfares, Transport Minister says.

Gas price increase

From October most power companies selling gas will increase the price.

Consumers look set to pay more on their gas bills from October.

2022 deadline for 'UFB 2'

UFB is coming to more parts of the country.

Communications Minister Amy Adams says she is open to all proposals to expand broadband network.

Beekeeper unsure what summer will bring

APITECH NZ Ltd beekeeping apprentices, from left, Laura Foster, Adrian Withers and Jayden Paul.

The plight of bees is under the spotlight with the industry-led Bee Aware Month promotion kicking off.

Tourism leaders want visitor growth for Canterbury

Visitors on a whale watching boat near Kaikoura.

Mayors work to keep Christchurch and the Canterbury region a calling point for visitors.

Truck shop owner charged

Truck shop operator Vikram Mehta has been charged with obtaining money from customers by deception and accepting payment from customers without intending to supply the goods they contracted to purchase.

Charges have been laid against one of two truck shops under investigation by the Commerce Commission.

More Auckland homes planned

The new agency will do more "brownfields" redevelopment of old industrial land such as Wynyard Quarter.

A new agency to turn under-used Auckland land into housing has opened its doors.

Goldminer lifts production forecasts

Waihi Gold's operations.

OceanaGold expects higher gold production following purchase of Waihi Gold Mine

Low milk price hits Rural Equities

Weaker dairy prices hit Rural Equities result.

Farm-owning group Rural Equities says its annual earnings have been hit by dairy decline.

Translator raises $6m for global push

Grant Straker wants to put his business among the top-20 in a $57 billion market.

Straker Translations puts NXT listing on ice after getting backing from David Kirk investment firm.

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